Leveraging IoT technologies to improve efficiency of an operation, address any challenges and increase profitability is happening in numerous industries, and the oil and gas sector is no exception. What IoT in oil and gas looks like is another question. …
Latest GlobalData report sheds light on digital twin in oil and gas
Digital twins mirror physical entities such as assets, systems, individuals, or processes digitally. Employing artificial intelligence (AI), real-time analytics, visualisation, and simulation tools, they aid in detecting, preventing, predicting, and optimising the physical environment. More specifically within the oil and…
IoT devices surge in the oil and gas industries
According to a report from Berg Insight, the oil and gas industries are seeing a massive surge in the rapid adoption of IoT devices. The report shows the key driving force behind this surge, this being remote monitoring of industrial…
