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IIoT Challenges in Oil & Gas

The Industrial Internet of Things (IIoT) is now the required minimum for oil and gas companies. From automating processes to providing prescriptive maintenance solutions, IIoT technologies unlock immediate value and optimise the entire value chain.

But the industry still faces specific IIoT challenges. One is the lack of technical skills in workforces. Fortunately, enrichment programmes focussed on improving workers’ technical knowledge are quickly closing this skill gap.

Key fact: According to GETI data, only 4% of workers in the oil and gas industry are aged between 18-24, while 20% are aged above 55

Improved data readability is also closing the skill gap. Since IIoT applications are cloud-based, data is accessible on a range of devices, at any time. Data will have already been analysed and turned into valuable insights, requiring no human intervention.

There are also challenges that IIoT applications help energy companies overcome. For example, as an asset-intensive industry, oil and gas companies generate huge amounts of data, which can quickly become inconsistent, inaccurate, or corrupt.

IIoT solutions provide data cleansing, filtering out duplicated or inaccurate data records, improving data quality, and allowing operators to make stronger decisions.

Benefits

  • Optimises value chain

  • Improves data quality

  • Future-proofs operations


Learn more insights by browsing our resource centre and learn more about digital trends shaping operator responses to the coming hydrocarbon boom and energy transition in the Innovation Forecast in Energy.

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