Energy Magazine August 2017 | Page 63

CANADA and operate it .” IIoT is an ecosystem , he emphasizes . It ’ s about a lot more than just collecting data and analysing it – all businesses are faced these days with the stark fact that they must digitise or die . The IIoT loop starts with sensors ( which convert physical reality into data ), runs through a decision process involving people or increasingly , people assisted by analytics , and then potentially returns to the field with actuators ( the devices that convert data back into physical reality , typically through mechanical means ).
Versatile However , future growth in oil and gas is restricted by a dearth of new wells coming on stream . Zedi ’ s platform , refined in the most
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