Oil and gas must adopt Big Data analytics to enhance operations, says GE report | Oil and Gas Technology


But progress is underway. The majority of the companies (65 per cent) use big data analytics to monitor their equipment and assets to identify operating issues and enable proactive maintenance.  Sixty-two per cent have implemented network technology to help gather vast amounts of data in dispersed environments such as remote wind farms or along oil pipelines. 

Source: www.oilandgastechnology.net

"Few technology areas will have greater potential to improve the financial performance and position of a commercial global enterprise than predictive analytics,” according to Kristian Steenstrup and Stephen Prentice, Gartner.  

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