May 2018

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Digital: Maximize return on capital investment with predictive maintenance

Oil and gas professionals are well aware of the pressures companies face in the market.

Oil and gas professionals are well aware of the pressures companies face in the market. Erratic commodity prices make it extremely difficult to maintain profitability. Environmental regulations have increased the cost and difficulty of regulatory compliance. An aging workforce makes it more difficult for companies to maintain a high level of operational efficiency as aging workers retire and are replaced by their inexperienced counterparts. In this environment, maximizing asset reliability and performance is a competitive necessity. Powered by the Industrial Internet of Things (IIoT), companies can digitally transform how they manage their assets. Predictive maintenance solutions take advan

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