IIoT and Digital Solutions for Oil and Gas is the only global event which promotes the digitization projects for upstream and downstream operations, showcasing innovative solutions for reducing downtime and achieving operational excellence. There are around 5 billion devices connected to the internet nowadays and this number is expected to increase in 2020 to 38 – 50 billion, opening new doors to a market estimated at $48.5 billion, representing the Global IT spend for oil and gas in 2021.
The paper submitted by Modcon was “Process Management improvement through automation solutions for better control of downstream operations”. This paper was mainly focused on remote process analysis and big data technologies for more effective IIoT process management.
