Archive for Digitization

Chevron partners with Microsoft to fuel Oilfield Digital Transformation

This author always welcomes the opportunity to highlight companies that are embarking on their journey to fuel oilfield digital transformation, since hydrocarbons are a cornerstone to civilization’s ability to function and raise the livelihood of billions. Of special importance is the opportunity to highlight IOCs that are continuing to push into the digital frontier as they seek […]

Read More →

Collaboration Empowers Digital Oilfield Transformations

ARC has been discussing how the emergence of IIoT-enabled solutions and digital technologies has fostered the need for companies to develop strong ecosystems in order to maximize the potency of a complete digital transformation. Oil & gas companies, given their disparate and distributed assets, are often the greatest potential beneficiaries of embracing a digital transformation […]

Read More →

Remote Condition Monitoring: A boost for Rail Asset Management

The primary purpose of remote condition monitoring of rail assets is to make a major contribution towards improving overall rail operations and performance in terms of reliability, safety, and efficiency. This innovation is driving maintenance of fixed and rolling stock infrastructure assets towards a ‘predict and prevent’ strategy by detecting early deterioration in asset condition […]

Read More →

Digitalization for Asset Integrity Management

Various industries have started to take advantage of the advanced technologies, such as analytics, Big Data, and Industrial Internet of Things (IIoT). These technologies are helping industries automate operations, increase production, reduce cost, enhance safety and improve asset integrity. Long considered slow to change, the oil and gas industry have also started to implement these […]

Read More →

Business 4.0 with Industrial IoT

A recent analyst event given by Tata Consultancy Services’ (TCS) evolved Industry 4.0 into a broader Business 4.0 theme. It included many of the technologies underpinning Industry 4.0, and extended this beyond the manufacturing portion of an industrial enterprise. Here, optimization and digital transformation goes from the plant floor into other aspects of the business. […]

Read More →