Oil and Gas 4.0: Disrupting digital transformation
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The pace of change in the last twelve months has been enough to give the oil and gas industry whiplash. The world has changed – and so too have the stakes for our sector.
Everywhere we look these days we hear that digitalisation will be the key enabler for operational excellence. Intelligent automation is not simply the deployment of digital tools. It’s the smart combination of skilled people and a connected industrial workforce to capture the full benefits of emerging technologies.
The advancement of technologies like smart sensors, digital twins and threads, machine learning, AI, and cloud solutions to process it all are pillars of Industry 4.0. They promise greater IT/OT convergence, making the Industrial Internet of Things (IIoT) a reality for operators.
This whitepaper from Petrotechnics explains how the path towards Industry 4.0 is forming for the oil and gas industry, from our understanding of risk to how we visualise and manage operational activities...