Unlocking the Power of IoT in Oil and Gas
The Internet of Things (IoT) is the next evolution in the oil and gas industry. Organizations have the opportunity to improve business decisioning and safety by better leveraging the IoT data produced by network and sensors, as well as controlling key devices in the environment.
However, many organizations have an antiquated and ineffective approach to deriving meaningful data from their critical assets—and lack coordinated control. For example, a single drilling rig at an oilfield generates terabytes of data daily, but only a small portion of the data is used for decisioning.
What could organizations accomplish if they fully unlocked the power of IoT? These data-driven insights—coupled with digital technologies—speed innovation and agility through increased operational transparency, process optimization, and ecosystem collaboration.
Digital transformation in the Oil and Gas industry could unlock approximately $1.6 trillion of value for the industry, its customers and wider society.
The time is now to connect field and device data to the executive suite, and coordinate control of key assets, to transform operations and deliver business impact.
How to Take Full Advantage of Data in an IoT World
Appian’s low-code digital platform allows oil and gas companies to quickly build productivity applications and automate processes across the organization.
Whether it’s processing information, responding to sensor events, or orchestrating physical processes, organizations can leverage and extend their existing process control systems, legacy systems, and other software to deliver more value.
Appian can access and utilize information from aggregate sensor systems (including SCADA systems) to kick off a business process or push out active notifications to an application or device of any kind. Notifications can include triggering of warning lights, sirens, valve shut-off, or even the closing of a security gate.
Here are a few examples where Appian applications pair with IoT to deliver value:
- Incident Management
- Asset Preventative Maintenance
- Field Operations Monitoring
- Turnaround Execution
- Safety Systems
- Regulatory Compliance
By extending information from devices, sensors, and assets, safety risks are minimized and operators are better informed to make critical decisions.
Extend Your Systems to Improve Operations
Appian’s Internet of Things capability connects real-world devices to Appian’s low-code platform to extend the reach of your application.
To learn more, join Appian at the 4th Annual IoT in Oil & Gas Conference, taking place Sept 18-19 in Houston, Texas. Tahl Milburn, Appian’s Executive Advisor, will be speaking on “Improving Operations by Unifying and Insulating Your Current Systems” at 3:15pm on Tuesday September 18th.
We invite you to stop by Appian Booth #30 to see an IoT demo and brainstorm on any ideas and challenges you may be facing.
Industry Marketing Manager