Oil & Gas
Digital technology investment is helping oil and gas companies reduce costs and make better, faster decisions
Recent years have seen oil and gas companies adapting to both lower margins and increasingly challenging unconventional production; often in remote and hostile environments. In order to thrive in these tough business conditions oil and gas companies have been exploiting the potential of emerging digital technologies to reduce costs and improve margins.
From streamlining back-office functions to driving production efficiency with robotics and process instrumentation to predict equipment breakdowns before they occur, technology is enabling upstream oil and gas companies to reduce costs and better manage operations.
The key short term areas of investment are cloud-enabled mobility, Big Data-powered analytics and the Internet of Things (IoT).
Initially adopted for cost reduction, Cloud has become a key enabler of increased worker productivity across the oil and gas and petrochemical sector.
Whilst Cloud delivers both mobility and lower infrastructure costs, analytics is arguably the largest opportunity area to help transform oil and gas companies costs through better asset management in the medium term.
M2M offer a comprehensive range of products and One Box solutions that help oil and gas companies adopt full hybrid cloud solutions and accelerate the value that digital solutions can deliver.
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