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Showing posts with the label 2018 at 04:31PM

Digital Transformation to hit the energy wall

In my last blog post , I discussed the world’s ever-increasing need for energy and how to turn that challenge into an opportunity. Now, let’s explore how that shift will develop.  We live in an ever-changing digital world – one that is engaged in deep revolutions. From new business models and new consumer technologies to new infrastructure, energy and power systems – digital transformation is ubiquitous. Change does not come without hurdles. In fact, one of the today’s greatest challenges faced by company leaders is to simply “make digital work.” The topic of digital transformation and its challenges rise as the top concern on every C-suite survey feedbacks. Yet, these surveys overlook a key aspect. With our world turning hyper-digital, its impact on the power system is dramatic. Also, these surveys fail to recognize traditional energy as the greatest barrier to successful digital transformation. Digital transformation is leading toward an “always on” paradigm As the digital ...

Maximizing Midstream Profits with OT IT Convergence

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Historically midstream oil and gas organizations have kept two critical functions within their businesses almost entirely separate – Information Technology and Operations Technology. But with the industrial Internet of Things and Industrie 4.0 gaining momentum in almost every industrial market, pipeline organizations are beginning to identify new opportunities for these functional departments to collaborate and drive improved profitability and maximized return on capital across their asset and operations lifecycles. One of the biggest challenges organizations face in making progress towards OT and IT convergence is not knowing where or how to get started. Here are some questions midstream pipeline operators can ask themselves to help identify a solid starting point and begin to chart a course for their asset performance management journey: Do you know how much visibility and control you have over your current pipeline assets and their maintenance strategy? OT and IT can take a sim...