Oil and gas industry kicks IoT into gear

摘要

The Internet of Things(IoT) has been a quiet,but solid,storm sourcing new value across the industry for giants like Shell and Spain's Repsol.That is what case studies conducted by Florida-based financial services firm Raymond James showed in its industry brief on IoT released in January.In the report”Energy Stat: When Thinking About Barrels,Don't Overlook Bytes-The Internet of Things Is Making Waves in the Energy Sector,”analysts found that,surprisingly,the energy sector accounts for 10% of worldwide IoT deployments."I think because most of us don't think about information technology through the same lens as the energy industry the intersection of IT and energy is something that tends to be below the radar from the standpoint of most investors,”Pavel Molchanov,senior vice president and equity research analyst at Raymond James,said.Particularly,oil and gas leaders have seen the engine run smoother and the technological path appear brighter through the commencement of IoT.From hyper-efficient data collection in the upstream sector to predictive monitoring via sensors in midstream and refining-IoT has created a new value chain.Best described by Deloitte Insights,IoT is a specific way of stitching together a suite of new and existing technologies to turn almost any object into a source of information.