We have launched the first version of the PhDC4D® in 1993 and its first actual use was in Transpetro in 1995. It was the first Predictive Digital Twin in the market. Only 8 years later the term Digital Twin was even created. Since then, PhDsoft has leaded on the Predictive Digital Twin technology.
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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.