November 2018

Supply Chain

Bringing Industry 4.0 to the terminal

The oil and gas industry is no stranger to the power of Industry 4.0 solutions that aggregate sensor and planning/forecasting data into a single shared view, as well as deliver valuable analytics and real-time alerting capabilities.

Kessler, R., Oceaneering International Inc.

The oil and gas industry is no stranger to the power of Industry 4.0 solutions that aggregate sensor and planning/forecasting data into a single shared view, as well as deliver valuable analytics and real-time alerting capabilities. These solutions can be used to track and trace the lifecycle of a subsea tree monitor, or to control production of a subsea well. They can help boost offshore platform productivity, identify and improve equipment maintenance scheduling and predict asset problems before they occur. However, nowhere is Industry 4.0’s potential for new efficiencies greater than at the terminal, where operators are under extreme pressure to squeeze the highest possible product volum

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