| | AUGUST 20206E ERGYTech ReviewAs expeditious changes unfold in the oil and gas sector, an increasing number of companies operating in the sector are turning to cloud computing and other Industry 4.0 technologies to help drive growth and streamline operations in their organizations. The explosion in the development of digital technologies during the past few years is beginning to change the way the oil and gas industry operates. Key digital technologies like Artificial Intelligence, automation, big data, and the Internet of Things (IoT) are providing an extra edge to the oil and gas sector. To begin with, Artificial intelligence (AI) is a concept used to involve a wide array of technological improvements and applications. The probable applications for artificial intelligence in the oil and gas industry are far-flung, from surveying and uninterrupted monitoring to planning and forecasting and enhancing safety. High-risk environments such as an offshore rig or production facility can advance from the use of both autonomous robotics and autonomous system monitoring to take over human presence in such high-risk locations. Similarly, the concept of Big Data, defined as increasing volume, range, and velocity of data, is also common to the oil and gas industry. On the other hand, the industry produces a large quantity of data, be it 3D seismic surveys, drilling data, production data, or the monitoring of production facilities. The competence to generate, collect, and store these data has continually increased, but it has also brought problems of managing and analyzing such huge quantities of information. Analysis of such data has been a major area of focus and innovation in the last five years within the oil and gas industry with the help of Big Data.Furthermore, within the oil and gas industry, IoT devices and sensors can furnish real-time data on machinery, pipes, storage, transportation, and employee safety. The applications for IoT in the oil and gas industry, as with other digital technologies, focus on improvements in efficiency and safety. The ability to collect real-time data via IoT into a suitable data analytics system can have powerful advantages in providing efficiency and an increase in production. In this edition of Energy Tech Review, we bring to you some of the leading companies that have excelled through innovation in promising oil and gas technology in APAC. We hope the inspiring success stories of these providers benefit our readers in pursuit of an ideal collaboration.Let us know your thoughts!Changing the Work-Culture via Digital TechnologiesLaura DavisManaging EditorEnergy CIO Insights Copyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. E ERGYTech Review AUGUST - 17 - 2020, Vol 10 - Issue 11 Published by ValleyMedia, Inc. To subscribe to Energy Tech ReviewVisit www.energytechreview.com SalesRich Gonsalvesrich@energytechreview.comVisualizersJaxon JaseManaging EditorCharlotte SmithE ERGYTech Review*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorial StaffAaron Pierce Ava GarciaVian IsaacJoshua Parker Kenny PeruzziHarnessing Renewable Energy is the Road to SustainabilityEDITOR'S DESK
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