| | December 20146CIOReviewCopyright © 2014 CIOReview, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewDECEMBER 31 - 2014CIOReview's circulation is audited and certified by BPA International (Audit Pending). Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 December 31 - 2014, volume SE 37 Published by CIOReview To subscribe to CIOReviewVisit www.cioreview.com Editor-in-Chief Pradeep ShankarEditorial StaffSalesT:510. 565. 7627VisualizersSukirti AgnihotriStephen ThomasOIL & GAS TECHNOLOGY SPECIALCIOReviewAaron PierceAlex D'SouzaJudy ChristinJoe PhilipPeter Jones peter@cioreview.comCharles Mathewcharles@cioreview.comImmaculate D'souzaimmaculate@cioreview.comUrmi SenguptaJoshua Parker Matthew Jacob Sonia SacharSowmya M Jambar Oil & gas companies face higher levels of complexity given the nature of the business. The recent volatility in oil price has increased pressure to scrutinize their cost and capital budgets. To thrive, forward-thinking organizations are re-evaluating their existing operational approaches and legacy business process. They are streamlining and maximizing operational productivity by leveraging cloud-based platforms across the upstream, midstream and downstream value chain. Historically, the Oil & Gas industry has been relying on paper-based processes. Companies are now turning towards cloud-based platform architectures to facilitate collaboration and access to information internally and sharing externally with contractors and partners thereby bringing greater connectivity. In several cases, access to timely information could translate into millions of dollars in savings! The Oil & Gas industry will continue to delve into Big Data to gain greater value out of the massive amounts of data generated in oil and gas operations. Big Data has made its way right from oil fields to refineries, pipelines and transportation and also downstream to the trader and the gas station forecourt. The Internet of Things (IoT) will gain a strong foothold across the industry, changing how companies utilize labor and allowing for more effective utilization of resources. With the onset of additional IoT-enabled technologies and the growth of Industrial Mobility, cybersecurity will become as important to the industry as physical security. As more processes come online and become automated, the organizations will need to change their approach to security. Further, sensors are now widely deployed across the value chain--a rig upstream, a pump at the garage, a pressurized vessel at the refinery or even a truck. Using all the data captured and combined with historical records, Oil & Gas companies can build a pretty picture of how reliable the machine is in given circumstances. To stay ahead of the competition, companies are investing in infrastructures that support the growth in data, both wired and wireless. While Oil & Gas industry and suppliers bring new tools to manage growing amount of data at the edge of the infrastructure and deploy analytics applications at the remote site to improve speed of decisions and accuracy, they are exploring potential of the emerging computing paradigm - Fog Computing, to bring new applications and capabilities faster and to build a great competitive advantage in processing data in Big Data age. On that note, we present to you this special edition on technology for Oil & Gas industry. We are featuring 20 most promising Oil & Gas Technology solution providers. Over the last few months, our editorial team evaluated several technology companies and their innovative solutions. The chosen 20 are the ones that help customers in the Oil & Gas industry to optimize their technology investments and deploy new capabilities. Hope this list will help you in formalizing strategies for your organization. Pradeep ShankarEditor-in-Chiefeditor@cioreview.comEditorialOil & Gas' Digital Era
<
Page 5 |
Page 7 >