IoT intelligence is revolutionizing the Oil and Gas Industry
Oil and Gas industry is on a bumpy ride when it comes to Industrial Internet of Things – loT and Machine to Machine Learning – M2M. With the oil prices dropping significantly,the industry is in a dilemma whether to invest in newer connected technologies or whether to stay put with its current legacy technologies like SCADA, PLC, DCS, HMI Device etc. Here at Biz4Intellia we are helping the industry understand the importance of Oil and Gas loT and the need to implement it now for a sustainable business model. Biz4Intellia’s end-to-end loT platform, Biz4lntellia, helps Oil and Gas companies to connect multiple devices, controllers and sensors, in a real-time manner, and analyze and monitor the data, and then use the learning, to predict an outcome and finally act upon the data. This will enable the industry in decision making in a real-time manner, reduce equipment failure, increase safety, minimize downtime and reduce wastage, and result in end-to-end automation. Irrespective of which part of the Oil and Gas value chain – upstream, midstream or downstream, every sector will eventually have to adopt loT.
The industry has already started realizing the benefit of loT and is picking up adoption. We help the industry transition from legacy to end-to-end wireless automation of systems.
Here are few areas of loT adoption.