Top 20 Oil and Gas Technology Companies - 2018
Oil and gas, is one of many groundbreaking sectors to have adapted to the smart revolution. In a market awash with technological leaps such as AI and IoT, the current view is one of innovation over expansion. In this day and age, increasing production while keeping resource cost down employs several of those technologies, including a fundamental overhaul in IT application through automation, big data analytics and the inevitable advent of blockchain. Retrospectively then, the shift today is toward the same objectives that they’ve always been.
Optimization in operations and redevelopment of outdated systems are performed every day on the oil field and beyond. Real time visibility software that helps expedite the production process is invaluable to the bottom line and for every gallon on the dollar. As augmented reality (AR) and virtual reality (VR) make their presence felt as well— everything from drones, 3D printing, and GPU powered innovations thrive—the concept of a digital reality is past the point of realization to conquer a segment via commercialization and industrialization. On the other hand, several opportunities lie in optimizing operations through better land administration, self regulated “smart contracts,” realtime oil hauling, dynamic pumper routing and the advent of integrated workflow management—all of which are critical facets of a modern oil project.
In enabling these prerogatives, CIO Review, in consult with leading CXO’s in the industry, present the “20 Most Promising Oil and Gas Technology Solution Providers - 2018”, to enlighten and exalt you with the visionaries of the Oil and Gas sector today.