How Is Automation Driving Innovation and Growth in the Oil and Gas (O&G) Industry?

Dynamic companies driving innovation in AI, machine learning, analytics, Internet of Things (IoT), and digitalization

The oil and gas (O&G) industry is experiencing a significant technological and digital transformation. Companies are shifting their focus from traditional operational technologies (OTs) used for automating O&G processes to newer, more advanced technologies, including AI, IoT, and robotics.

O&G companies have significantly increased their adoption of automation technologies for upstream activities, particularly for offshore automation. The most sought-after automation technologies include sensors, transmitters, and controllers. However, strong digitalization megatrends have driven the demand for predictive maintenance and IoT-driven monitoring technologies. Moreover, pressing concerns have emerged in the O&G space, including the need to increase workplace safety and boost production efficiency and sustainability. Automation technologies offer a direct solution to these challenges. As pressing regulations and digitalization megatrends advance, the industry will continue to evolve and become more autonomous.

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