Evolving technology continues to impact virtually every industry out there. Today, we’re looking at some of the trends that are expected to take off even more this year in the oil and gas industry. As a business owner, it’s important to keep up with the ever-changing landscape surrounding your company so you maintain your edge over the competition. Here, four things to look out for (if you aren’t already).
Artificial intelligence will continue to improve processes.
It is becoming increasingly more important for oil and gas companies to rely on the quick-thinking benefits that come with the implementation of AI technology. It assists with on-the-spot decision-making based on actual, current data, expediting mission-critical action that can’t be put off. Plus, its predictive capabilities will help to ensure that organizations can properly plan for the future, based on data-driven projections.
Robotics and automation will shine.
Speaking of AI, be prepared for a decline in necessitating human risk for complex, dangerous operations. Instead, machines will be primed for taking on complex tasks that pose a potential threat to people. This isn’t to say that robots will replace human workers; rather, they will complement them and boost their abilities to safely do the job. Implementing automation into the survey and refinery processes will also speed up efforts and reduce the risk of error.
3D modeling will take center stage.
Another way to reduce risk and improve efficiency is through the creation of visual representations of underground reservoirs that give technicians the means to effectively plan production phases. This upgraded approach gives insight into what to expect beforehand, increasing safety, lowering costs, and speeding up the overall process.
Smart equipment will improve maintenance.
As technology advances, so do even the simplest of tools that have remained virtually unchanged for decades. Now, rather than having to rely solely on intuition and periodic checks, oil and gas equipment can self-monitor and alert technicians to critical maintenance needs. This is done through both active sensors and predictive algorithms, which can even alert you to anticipated repairs, based on use.
Growing and adapting are important parts of running a successful operation. Being prepared will help ensure you remain a leader of the pack and serve as the go-to resource for new business in your industry.
Have any questions on how Actsoft can help you?
Share this post:
About the author : Joshua Pramis
Joshua Pramis is a writer and editor with an affinity for all things travel, tech, and food. His work has appeared on Travel + Leisure, Conde Nast Traveler, Digital Trends, and the Daily Meal, among other outlets. When he's not at home canoodling with his cats (which is typical), you'll find him running races, exploring new locales, and trying out different food venues in St Petersburg, Florida.
Encore & Geotab Drive
Gain even greater insight into the daily activities of your fleet using the combination of Geotab and Actsoft. Geotab devices provide detailed data collection and seamless integration with our solutions; learn more about the ways your vehicles are being used daily with the power of this tandem.
Actsoft partnered with Odin to provide our solutions overseas, through payment processing integrations. Odin helps us support user management for our software; customers can also purchase our products through Odin’s billing platform.
VisTracks powers our Electronic Logging Device (ELD) solution, which enables transportation businesses to easily automate their hours of service logs, remain in governmental compliance, and reduce their potential to incur costly fines.
Integration between Actsoft solutions and BeWhere’s software products is available. Take your team’s asset tracking, cellular data connectivity, and field insight a step further with effective, cross-application compatibility.
CalAmp tracking devices for vehicles and assets alike are compatible with Actsoft solutions, making it easy for you to efficiently monitor your equipment and fleet cars. Help your team enhance accountability, safety, and savings through a combination of easily installed hardware and intuitive software.
Our partnership with Uniden is ideal for companies looking to gain advanced diagnostics on their fleets. Uniden’s extensive product listing of car electronics like radios, dash cams, radar detectors, and in-vehicle communicators work in concert with Actsoft’s solutions to better connect your vehicles to the company headquarters.
Kyocera offers a wide range of mobile devices, ranging in design from traditional phones to ultra-durable handset technology. Actsoft is able to equip organizations in a variety of different industries with solutions for improved business, while Kyocera supplies the technology they can flawlessly operate on.
Our software is the perfect complement to Apple’s user-friendly technology. Equip your workforce with the devices and solutions it needs for optimized productivity during daily operations with Apple and Actsoft.
Actsoft and Sanyo teamed up to merge intuitive business management software with the technology of today. This partnership allows us to provide you with all the tools your team needs for improved workflows, better coordination, and optimized productivity.
Motorola’s mobile technology works in tandem with our solutions to provide extra versatility to your business practices. Coupled with our software’s features, Motorola’s reliable devices make connecting your workforce simpler than ever to do.
We’re able to bundle certain solutions of ours (including our Electronic Visit Verification options) with Samsung devices to help your team achieve as much functionality as possible, while keeping rates affordable. Use these combinations for accurate recordkeeping, improved communication, and smarter data collection in the field.