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Quorum Transforming in the New Oil and Gas Market

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July 2018, IDC #US44075118 IDC PERSPECTIVE Quorum Transforming in the New Oil and Gas Market Kevin Prouty EXECUTIVE SNAPSHOT FIGURE 1 Executive Snapshot: Quorum's Transformation in Oil and Gas Source: IDC, 2018 IDC ANALYZE THE FUTURE IDC Energy Insights has followed Quorum for a number of years. We have watched with interest the development of the myQuorum platform in parallel to the growing push of aur oil and gas clients to develop a platform strategy to break down silos in their organizations. Key Takeavvays • Quorum is adding apps to the myQuorum platfarm. • The platform approach is a strong trend in ail and gas. • Breaking down silos of data is the key driver for oil and gas companies. • Srnall and midsize exploration and production (E&P) companies are key targets for Quorum and its peers. Recommended Actions • Use platforms as a focal point to break down data silos. • Evaluate an ecosystem of development and app partners that is critical for DX. • Make data management the most important technical consideration. • Limit proliferation of platforms by having an overarching data and application strategy.

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