SLB says it expects the digital segment to grow significantly by 2030, pointing to both broader market spending and its own business targets. Channel NewsAsia reports that SLB anticipates an additional US$10 billion in annual digital spending by 2030. Separately, Seeking Alpha reports that SLB aims to double its digital business revenue to as much as US$2 billion by 2030.
Together, the reports indicate SLB is planning for expansion in digital services and related investments over the rest of the decade. The US$2 billion figure relates to SLB’s revenue from digital activities, while the US$10 billion figure refers to incremental annual spending in the broader digital sector SLB expects to benefit from. Both statements are forward-looking and framed as company outlooks for 2030, rather than current results.
The combined information suggests SLB expects demand for digital solutions in the energy sector to rise, and it is positioning its strategy to capture a larger share of that growth by increasing its digital revenue base.
