Maximizing the impact of Internet of Things (IoTs) in Oil and Gas Industry
Dr. Satyam Priyadarshy Technology Fellow & Chief Data Scientist HALLIBURTON
About this talk
Internet of Things (IoTs) and its industrial application – Industrial Internet of Things (IIoTs) are a topic of interest in all industrial sectors. Oil and gas industry remains one of those industries that can benefit significantly from the use of IIoTs, due to the complexity of operations, high-risk profile, highly regulated environment, and dynamic global environmental challenges. In this talk, I will discuss the three C’s –Current state of maturity of oil and gas industry in terms of leveraging benefits of IIoTs, the Challenges in implementation and insights generation from IIoTs, and Conduit of the framework needed to maximize the impact of IIoTs. The framework incorporates the Big Data analytics, Platform and Transformation culture to maximize the value of IIoTs. Cybersecurity becomes and the invariable topic of concern, rightly so, and is addressed in the framework. Voice of the OilfieldTM incorporates many of these concepts and applications to create value during the production phase of the oil well life cycle.
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