In a Pipeline Industry Report article, Emerson Committed to Digital Transformation, Emerson’s Chuck Miller describes the opportunity for businesses in the midstream sector in the Middle East regions. These same ideas apply to companies in the other world areas as well.
It is extremely important for the industry to foster digital transformation – rethinking outdated business models and strategically applying technology to change them – rather than focusing on simply cutting costs.
It’s not just about the Industrial Internet of Things (IIoT) technologies, but also:
…the right expert services can harness existing data to help the next generation of midstream operations define new cost efficiencies and remain financially competitive in the global economy.
On Emerson’s role in these transformation efforts, Chuck explains:
Our Operational Certainty program includes custom consultation that helps customers pinpoint causes of poor performance, prioritise actions that can yield the greatest improvement and establish a scalable work plan for achieving those results.
Read the article for Chuck’s perspective on how Emerson helps midstream operators implement IIoT, the role of big data in improving project and operating performance, and the importance of starting the transformation efforts with a clear business case to help prioritize the actions and measurements to be taken over time.
You can connect and interact with other midstream oil & gas industry experts in the Oil & Gas group in the Emerson Exchange 365 community or connect face to face at the October 1-5, 2018 Emerson Exchange conference in San Antonio, Texas.