Avoiding “IoT Inertia” in the Oil and Gas Sector Requires an IoT Strategy

To understand how the practical application of Internet of Things (IoT) technologies can potentially transform traditional operations and create value for businesses, just look to the oil and gas sector. Digitalization of oil fields began in the industry years ago. Now that sensors are more affordable, even small and midsize companies have the ability to track, in real time, data generated from assets ranging from oil wells to pipelines to truck fleets.

This article covers the topic of IoT inertia and explains how companies may struggle without a viable strategy that will allow them to make measurable progress toward their IoT goals.