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Evolution of the Oil and Gas Business Model: Room to Build on a Strong Foundation

by Dave McCarthy
November 9, 2017
in 2017 November-December, Technology
McCarthy InfoGraphic 17

For the first time in history: mini-halo found 10 billion years ago

A massive discovery in one state — 4 million tonnes set for extraction over the next 30 years

In oil & gas, enthusiasm for Industrial Internet of Things (IIoT) is already abundant. But unfulfilled potential abounds. A new study from Bsquare found that while 89% of businesses employ some sort of solution, most deployments remain fairly basic. Since advanced IIoT offers significantly greater ROI, many companies are leaving substantial value on the table. With cost reduction cited as the top driver of IIoT adoption, it pays to know if you’re maximizing ROI. For more on your competitors’ digital maturity, as well as how advanced IIoT can give your business an edge, check out the survey infographic.

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Author Profile
Dave McCarthy
Dave McCarthy
Senior Director of Products - Bsquare
Author Articles
  • Dave McCarthy
    https://energiesmedia.com/author/dave-mccarthy/
    Three Predictive Capabilities That Really Move the Needle for Oil Refineries
    January 7, 2019
    Three Predictive Capabilities That Really Move the Needle for Oil Refineries
  • Dave McCarthy
    https://energiesmedia.com/author/dave-mccarthy/
    Dave McCarthy
    March 3, 2018
    Using IIoT to Improve O&G Operations
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