IoT Front and Center at Houston Oil & Gas Conference

Author photo: Tim Shea
ByTim Shea
Category:
ARC Report Abstract

ARC Advisory Group attended the second IoT in Oil and Gas conference held in Houston last year. The event drew over 250 registered attendees, more than double the inaugural event held in 2015. Several companies presented interesting, informative, and thought-provoking presentations on how Industrial IoT (IIoT) can impact oil & gas operations. Others provided information on various solutions related to IoT, analytics, advanced communications, software, remote monitoring solutions, and more. We sensed a real buzz in the air and heard lots of interesting discussions on why the current environment represents the “perfect storm” (i.e., opportunity) for the oil & gas industry to embrace “doing things differently” by using IIoT-enabled solutions to thrive in these challenging times.

From ARC’s perspective, the event provided an informative and interesting lineup of content. This included 18 detailed presentations, some informative and engaging panel discussions, and the opportunity to visit supplier exhibit tables and discuss their respective IIoT-enabled solutions and associated market dynamics. The event reinforced ARC’s belief that the benefits of digital transformation in the oilfield will have a lasting and positive impact for both suppliers and consumers of hydrocarbons.

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Keywords: IoT, IIoT, Analytics, Oil and Gas, Machine Learning, Optimization, Remote Monitoring, Advanced Communications, OSIsoft, Hortonworks, Microsoft, ARC Advisory Group.

 

 

 

 

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