September 28 2020
Using Industrial IoT solutions, the Oil & Gas industry is poised to earn better operating margins through improved efficiency in operations. Industrial IoT for Oil & Gas significantly reduces downtime with predictive maintenance in place. Hence, the industrial processes have undergone drastic changes, especially in the field of instrumentation and connectivity. It operates by sourcing large amounts of data and the power to analyse the data, providing deep insight into the efficiency of operations on the ground.
The petroleum industry needs efficient management during the transportation and storage of fuel. In the future, a wide range of applications supported by Industrial IoT will fetch data by the monitoring meters and smart devices at remote locations. This data can be transferred & stored over the cloud interface for further analysis.