Using Technology to Solve Real Business Problems
The recent pace of change has been enough to give the oil and gas industry whiplash. New geopolitical realities are shaking up operating practices, increasing complexity threatens already squeezed margins, there’s relentless pressure to reduce costs whilst increasing productivity and hazardous events have indicated more rigorous compliance requirements.
All these factors have made operational excellence critical. The need to simultaneously reduce risk, increase productivity and cut costs is the new industry baseline. Industry 4.0 has the potential to promote enormous value for critical oil and gas operators during this time, but the volume of data threatens to be overwhelming.
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