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Industrial IoT Primer

It’s safe to say that we are at the start of another industrial revolution!

The rise of the connected objects known as the “Internet of Things” (IoT) will rival past technological marvels, such as the printing press, the steam engine, and electricity. From the developed world to the developing world, every corner of the planet will experience profound economic resurgence. Even more remarkable is the speed with which this change will happen. A decade ago there were about 500 million devices connected to the Internet. Today, there are 10 to 20 billion.

In five years, there could be 40 to 50 billion.

 

Product / Service Categories

Oil Field Optimization

 

Issue:

Operations Optimization- Independent Oil company that operates shale assets around the US needed to integrate its operations across all its assets by leveraging a standardized set of processes and experts to increase production with an optimized cost model

Outcome / Results:

A simpler, more responsive organization that could transcend asset barriers and resolve problems leading to reduced down time and increased production in each of the assets.