2017

Internet of Things in the HPI

Delivering closed-loop business operations for the refinery enterprise

The Industrial Internet of things (IIoT) plays an important role in the operation of a refinery. As cost for connectivity and data storage decreases, processes across the entire oil and natural gas value chain can gather more data from more devices, assets and operations than ever before.

The Industrial Internet of things (IIoT) plays an important role in the operation of a refinery. As cost for connectivity and data storage decreases, processes across the entire oil and natural gas value chain can gather more data from more devices, assets and operations than ever before. Since the existing refinery IT infrastructure is more mature compared to extraction and distribution processes, refiners are able to gain value from this data more quickly than other sectors of the oil and gas industry. The foundation of this operational perspective starts with the basic principle of the closed-loop process—connect, collect, analyze and act (FIG. 1). Fig.

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