Embracing IoT in the oil and gas industry
It is forecasted that there will be 25 billion connected things by 2020, making IoT a transformational force with a disruptive impact that offers oil and gas companies the potential to unlock the benefits of devices, systems and services that connect with each other. With sensors, connectivity and the application of data analytics, industry players can access a rich flow of data that allows them to optimize business processes, improve decision making, allocate resources more effectively and better predict situational outcomes.
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