Drawing on its global resources, Siemens delivers efficiency and reliability to the upstream, midstream and downstream sectors of oil production through proven solutions that do more with less.
Today’s oil and gas production companies face a broad range of challenges: expansive growth, ever-evolving regulations and an increasing need for remote management and improved data collection. In order to capitalize on this growth and these changes, the oil and gas industry must take a new, more efficient approach. To get the most from its existing resources, it needs to do more with less.
Digitalization for the Oil and Gas Industry
The ‘Internet of Things’ (IoT) is driving the rapid pace of digital adoption across multiple industries. Facing a potentially ‘lower for longer’ scenario, the oil and gas industry is beginning a transformation of its own, increasingly looking toward data-driven solutions to boost performance, enhance efficiency and ultimately, to reduce costs.
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MindSphere is the open, cloud-based IoT operating system from Siemens that lets you connect your machines and infrastructure to the digital world.