2018 Process Safety and Operational Risk Management survey report – part 2

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Having explored, in part one of the Petrotechnics 2018 report, how operational risk management (ORM) and process safety management (PSM) in the global hydrocarbon industry are feeling the squeeze following the low oil price, part two explores the overwhelmingly positive views coming from senior industry leaders about the digital horizon.

Here we share how well technologies that fall under the Industry 4.0 umbrella are understood, how far they are deployed today, how they compare to incumbent enterprise systems, and the value they will deliver to safety and risk management.

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