This is not a drill! Why oil and gas companies must act on analytics

First up is this super insightful article from McKinsey. Check it out and discover why incorporating analytics is necessary to avoid getting left behind in this increasingly competitive landscape. While we could give you a quick summary, we'd rather let the article speak for itself: 

"Analytics tools...can unlock the production potential of complex process facilities and enhance asset investment returns in O&G. Applied properly, advanced analytics can yield returns as high as 30-50 times investment within a few months of implementation. ...Advanced analytics are particularly effective in environments that involve copious amounts of data and highly complex and variable operating conditions— the same environments that O&G operators currently struggle to manage with simulator training, rules of thumb, and on-the-job experience."

Top 4 IIoT advantages for the Oil & Gas industry

In general, IIoT is that bandwagon that you need to consider jumping on, if you haven't already. Most industries have been benefitting from the capabilities it brings in terms of monitoring, analytics, and cognition. Within the vast oil & gas industry, all segments have, in some way, also been realizing process optimization or proper asset utilization that new technologies are bringing.  Read on for a bird's eye view of how IIoT is benefitting O&G.

Meet us at these and other upcoming industry events! 

From Houston to Aberdeen, we'll be presenting at oil & gas events in the coming weeks! Click on the images to learn more! 

Regardless of your industry, however, we'd love to tell you about any or all of our upcoming events. Want to learn more about attending / connecting at one of the shows?  Simply click the button below and let us know.