Operational efficiency and reliability are the keys to success in the Oil & Gas industry. With the introduction of IoT, Oil & Gas companies can realize remarkable gains in efficiency, regulatory compliance and operating technology. IoT is driving performance and enabling innovation in the O&G industry that will ultimately lower environmental risks and make for a better planet.
Eliminating on-site visits leads to more efficient decision making and less resource consumption. Through remote monitoring, an engineer can monitor and gain insight from numerous sensors located at any location instantaneously. Most importantly, in an Internet of Things powered O&G operation, the data collected is actionable. Real-time data provides critical insight into current operation conditions, but it also can predict failures and events in such a way that management can prepare for and eliminate risks. Through greater operation efficiency, regulatory compliance, real-time insight and more, those who adopt smart connected solutions in the Oil & Gas industry will save on resources and instantly gain an edge on their competition.