Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Subsea 7 analyses the brand by its strengths, weaknesses, opportunities & threats. In Subsea 7 SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Subsea 7 to benchmark its business & performance as compared to the competitors. Subsea 7 is one of the leading brands in the energy & power sector.
The article below lists the Subsea 7 SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Subsea 7 SWOT Analysis:
For Subsea 7, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
Subsea 7 Strengths
The strengths of Subsea 7 looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Subsea 7 :
1.Expertise in design, installation and commissioning
2. Owns fleet comprising of more than 40 pipelay vessels
3. Remotely operated vehicle that company has numbers to more than 175
4. A lot of CSR activities specially in Africa & Mexico of promoting science and engineering education and also support for various health related illness 5. Has a strong workforce of nearly 13,000 employees
Subsea 7 Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Subsea 7 SWOT Analysis:
1. Weak presence in middle east as its operations are mostly in Western Europe and Africa 2. Increasing costs and declining oil reserves
Subsea 7 Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Subsea 7 SWOT Analysis:
1. Constantly growing installation market
2. Huge opportunities in deepwater projects
Subsea 7 Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Subsea 7 are as mentioned:
1.Uncertain political condition in West Africa has delayed process of awarding projects 2. Increasing penetration and global presence of competitors 3. Fluctuating economies and changing Govt regulations
Subsea 7 Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 2 competitors of Subsea 7:
Corporates, countries looking to fulfill energy services needs
Companies involved in petroleum and natural gas exploration
Company that provides complete solution for extraction from sea bed to surface
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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