Schlumberger Ltd. (NYSE: SLB), doing business as SLB, is known as an oil services company in the oils/energy sector, especially when its customers include massive oil giants like Aramco, Exxon Mobil Co. (NYSE: XOM) and Chevron Co. (NYSE: CVX). It competes with other oil services giants like Halliburton Co. (NYSE: HAL) and Baker Hughes Co. (NASDAQ: BKR).
However, the world’s largest oil services company has been leveraging digital technologies to optimize its client's operations and decision-making. While they have a long-standing position as a traditional oil services leader, they are increasingly using technology to differentiate themselves as an advanced solutions provider. They are also growing their revenue base internationally, which now accounts for 80% of total revenue.
