How the oil and gas industry exploits IoT
Like many traditional industries that have long-standing, tried-and-true methods of operation, the oil-and-gas sector hasn’t been the quickest to embrace IoT technology – despite having had instrumentation on drilling rigs, pipelines and refining facilities for decades, the extraction industry has only recently begun to work with modern IoT.
Part of the issue has been interoperability, according to Mark Carrier, oil-and-gas development director for RTI, which produces connectivity software for industrial companies. Energy companies are most comfortable working with the same vendors they’ve worked with before, but that tendency means there isn’t a strong impetus toward sharing data across platforms.