Now Boarding - The Digital Revolution

-- by James Castles July 22, 2017

The digital age isn't new to most. It has been around since the '90s and has benefited industries in a variety of ways. The only caveat - it has only scratched the surface of its potential.

Automation, Artificial Intelligence, and Big Data now interact together with ease. The advances in these technological fields are exponential, allowing implementation of them to be quicker and easier.

The combination of new technology with Oil & Gas companies requires interest and adaptation, the following articles and topics highlight this needed cohesion.

Now Is The Time to Digitalize, Embrace New Technologies

Schlumberger

The Senior Technical Advisor at Schlumberger insightfully explains how new technologies offer endless benefits. Hardware and software work harmoniously now, and the human factor is the crucial glue to extract the value. He highlights the increase in profit margins and and the wide range of applicable areas.

Digitization, The Key to Remote Plant Operation?

PennEnergy

Being able to ensure when the necessary repairs, parts, or human intervention is needed will fix a handful of issues. Digitizing operations allows operational staff and management to foresee issues before they happen. Businesses, specially operationally focused, thrive when they are able to allocate proper resources and man power to the right spots at the right time.

Statoil Commits up to $240 Million to Digitization by 2020

Statoil

With the goal of improving the safety, security, and efficiency of their operations, Statoil outlines their commitment to new digital technologies. The Norwegian multinational Oil & Gas company sees the benefits offered by these new technologies and wants to capitalize on the opportunity.

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Atomiton is a leading industrial IoT software company headquartered in the Silicon Valley. It is a Top 20 Disruptive Tech Companies recognized by the CFO Magazine in 2017.