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Need of Implementing IoT for Oil and Gas Industry

Now a Days, Oil and Gas Industry is rapidly adopting innovative and smart technologies like cloud and the internet of things. Deployment of these connected technologies results in greater safety of workers as well as resources, real-time monitoring of equipment, better field communication, reduced downtime, and automation of mining operations. Over the years, the oil and gas industry has faced many challenges — from speedily changing market conditions to a massive reduction of talent and workforce. Due to these challenges, many petroleum and oil suppliers’ growth plans were put on hold. To overcome these challenges as well as to sustain their business growth plans, companies are looking towards innovative technologies. Internet of Things and Cloud are the key technologies for oil and gas industry that help achieve operational efficiency. IoT and cloud technologies help the industry deal with a number of challenges such as volatility of oil prices, ensuring the safety of workers in the hazardous environment, accessing data and information for taking right decisions, monitoring remote assets, fuel shipments, etc.

The implementation of IoT and cloud technology allows companies to improve oil and gas operations by overcoming challenges. For an instance, information collected from each system allows workers to conduct an active monitoring of the overall system, including gas leakage, other hazardous environments, etc. Additionally, connected systems can be programmed to send active alerts to other connected devices if they begin to fail. In such cases, alerts can also be sent when systems are about to experience a high- pressure situation or any other unsafe issues. Read more>>IoT for Oil and Gas

IoT Oil and Gas
IoT for Oil and Gas

 

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