SMEC Oil & Gas

Internet of Things (IoT)

Internet of Things (IoT)

Internet of Things (IoT) refers to devices equipped with sensors, computing power, software, and other technologies that connect to and share data with other devices and systems over the Internet or other communication networks. When it comes to industrial applications, IIoT (Industrial – Internet of Things) is implemented in facilities for the ease of control and data accusations. In the oil and gas industry – drilling equipment and research stations may store and send vast volumes of raw data to the cloud for storage and analysis. The oil and gas sector links machines, devices, sensors, and people through interconnectivity using IIOT technologies, which can help organizations better respond to variations in demand and price, address cybersecurity, and limit environmental effect. Hundreds of kilometres of pipes may be monitored in real-time by installing an IIOT solution that integrates data from many internal and external sources (such as task management system, control centre, pipeline characteristics, risk scores, inline inspection findings, scheduled assessments, and leak history). This enables for the monitoring of pipeline hazards, better risk management, and situational awareness.

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