GlobalData Energy, Offshore Technology, August 7 2019
Original article published on Offshore Technology.
Industrial Internet to help oil and gas markets improve sustainability
As the oil and gas industries continuously progress and change, it is important that the companies that handle them are able to keep up with these changes, as well as keeping up with technological advances and business developments, such as Industry 4.0.
What this article describes as 'Industrial Internet' provides an innovative solution for oil and gas companies, allowing them to keep up with these changes in product, alongside adhering to the technological advances that are necessary now, in order for a business to continue to progress and function effectively. However, this can be taken further.
It is important that oil and gas companies are utilising IoT technologies, but it is how these are all able to function and work together that is the important part. Digital twin technology can enable interoperability between smart technologies, allowing them to communicate and share information with one another within one, interoperable ecosystem. This takes technological innovations such as 'Industrial Internet' a step further than companies just adopting different smart technologies, by enabling these technologies to comprehensively communicate with one another in order to solve any problems a company may face. It is this intelligent interoperability that enables companies to improve their technological capabilities and increase the productivity, efficiency, and sustainability of their business. And it can not only benefit the oil and gas industries, but has the ability to help any business, today! Find out more on our website.