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  • Internet of Thing (IoT) Impact To Oil & Gas Industry
Internet of Thing (IoT) Impact To Oil & Gas Industry
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E-SPIN
Sunday, 18 November 2018 / Published in Chemical and petroleum, Industries

Internet of Thing (IoT) Impact To Oil & Gas Industry

What is IoT technology? IoT stands for Internet of Things and illustrates how technology can connect different objects, such as machines and other electronics, through networks to exchange and collect data. You may have heard the term smart tool or smart device. This illustrates the IoT capabilities in the tool or device. But how does this affect Internet of Thing (IoT) Impact To Oil & Gas Industry? Hint: Improve the communication and saving cost.

How communications between people and machines will be enhanced by cloud computing and data collection sensors on instruments or people. People may imagine that during difficult economic times, investing in IoT will be off the table for most Oil & Gas companies. However, this is in fact an accurate time to investigate IoT because of the cost savings it can deliver. Furthermore, for companies that have been forced to shrink, IoT enables more productivity from less resources. In particular for human manual work replacement with the automated sensor at massive scale.

For the Oil & Gas industry, improved communication between machines is just the beginning. The greater the communication from remote-operated vehicles to reduce risky procedures on offshore rigs. Decrease the number of business people looking for alternatives that offer the same or better results. IoT technology helps drones communicate better with offshore and reduces the need for high-risk helicopter flights. The incident resolution burdens cost. Reducing the risk of injuries or death directly leads to cost savings for any business. IoT technology can help improve communication between staff and remote instruments, and can save on business money while improving the safety of platform workers.

IoT technology has been available for all businesses of Oil & Gas through technology that can be used, such as smart glasses. Smart glasses, can be used to share information directly and help improve communication workers from the field. For example, if a field worker is equipped with a Smart glasses, he can display a list of EHS command instructions in their head display (HUD), leaving his hands freely to complete the task safely. Not only can they bring protocols, they can record what they see and send the data to office-based, which reduces travel costs for remote supervisors.

Feel free to contact E-SPIN for the solution how E-SPIN may assist in IoT infrastructure monitoring, project security testing or continuous protection.

 

Tagged under: Internet of things (IoT), Oil & Gas

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