Articles - IoT

The Industrial Internet of Things (IIoT) has transformed the landscape of Asset Integrity Management for the Oil and Gas industry. By empowering owner-operators with the ability to interconnect a vast array of physical assets on one digital platform, IIoT facilitates improved productivity, profitability, inspection scheduling, and corrosion mitigation – all while significantly reducing the likelihood of asset failure.

Owner operators of asset-intensive corporations are starting to realize the operational and profit potential of harnessing new technologies, namely the Industrial Internet of Things (IIoT). IIoT refers to the phenomenon of utilizing technology to connect a series of physical assets to measure and/or enhance industrial processes. Essentially, it equates to digitalization. In the world of asset integrity management (AIM), this means intelligent analytics to modernize the plant to an asset-control environment. Adopting IIoT helps owner operators to automate, improve and transform their processes for increased profitability, enhanced safety, and reduced loss of containment.