IoT Solutions in Oil & Gas

Whether your operation is upstream, midstream, or downstream – your organization needs a solution that connects disparate assets, systems, databases, and data/naming conventions. The industrial IoT enables organizations to build smart system architectures that avoid these classic data silos to prove concepts and produce business value. Industrial IoT applications can improve efficiency in Oil and Gas operations:
  • Operations data management: what data can be relieved to lower the risk of overburdening the operational host, i.e., SCADA or DCS?
  • Product life cycle management as a service or a product: how can we use machine learning to more effectively monitor pump asset anomalies and manage the care for better production results?
By the end of 2017, we predict there will be large quantities of proof of concept (PoC) industrial IoT applications in Oil and Gas. There is so much potential. To effectively bring the power of IoT to your organization, a smart approach is to choose a project that can be implemented quickly and has a clear, measurable business value. Start simple, succeed, and apply your learning to the next project.
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