The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries.
In particular, the energy industry comprises:
With the advent of IoT in Oil & Gas industry (O&G), it has been highly automated and connected. Internet of Things has touched nearly every area of O&G operations and customer engagement. IoT is generating new opportunities for O&G companies to achieve safety, efficiency, and visibility across the enterprise.
IoT has transformed several facets of O&G like evolving the market and environmental conditions and reducing the possibilities of failures and delays. IoT is at the heart O&G industry’s transformation. It connects assets, people, products, and services to streamline the flow of information. Also, it enables real-time decisions, heightens asset performance, improves process and product quality, and opens up new opportunities for the industry.
how IoT-enabled sensors can drive production efficiencies for O&G companies:
IoT in water treatment uses the concept of smart sensors installed at various points in the water system. These can collect data and send it back to monitoring systems. Smart technology can enable various components to rely on IoT for water utilities to reduce wastage.
There could be a controller that can monitor the pressure, energy efficiency, or the performance of a water pump and if required, initiate corrective action. A water quality sensor at a purification plant can help to assess the output of a cleaning system and send the results back to the software system.
This intelligent network of sensors and communication technologies for Smart Water Management can empower enterprises to leverage the benefits of big data analytics, cloud adoption and mobile computing to get actionable insights and reduce costs. The operations centre of the water management system can be located anywhere, empowered by Internet of things in water industry.
The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials (oil, natural gas, air, water, metals, and minerals) into more than 70,000 different products.
The plastics industry contains some overlap, as most chemical companies produce plastic as well as other chemicals.
Chemicals are used in a lot of different consumer goods, but they are also used in a lot of different other sectors; including agriculture manufacturing, construction, and service industries. Major industrial customers include rubber and plastic products, textiles, apparel, petroleum refining, pulp and paper, and primary metals
Automakers have correctly noticed a growing trend and a significant business opportunity for connecting their cars. BI Intelligence expects 381 million connected cars to be on the road by 2020, up from 36 million in 2015. Furthermore, BI Intelligence forecasts that connected cars will generate $8.1 trillion between 2015 and 2020.
Currently, automakers are connecting their vehicles in two ways: embedded and tethered. Embedded cars use a built-in antenna and chipset, while tethered connections use hardware to allow drivers to connect to their cars via their smartphones.
Steel manufacturing is an extreme environment defined by significant changes in temperature, vibration and safety risks. And in such an industrial setting, the signal-to-noise factor makes it difficult to decide which assets are worth the effort to monitor. Selecting the right equipment to monitor is important. In fact, there is a whole methodology around critical equipment analysis.
When sensors detected a temperature spike on one of the assets, users can be able to recognize this spike as a problem by creating a mathematical model based on past data and their by resolving the issue in very downtime.
Cement is one of the core industries which plays a vital role in the growth and expansion of a nation. The industry occupies an important place in the Indian economy because of its strong linkages to other sectors such as construction, transportation, coal and power. The cement industry is also one of the major contributors to the exchequer by way of indirect taxes.
Indian Cement Industry is engaged in the production of several varieties of cement such as Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Blast Furnace Slag Cement (PBFS), Oil Well Cement, Rapid Hardening Portland Cement, Sulphate Resisting Portland Cement, White Cement, etc.
Innovations in the paper and printing industry increase quality and raise production efficiency through to the final product. It is becoming ever more important in the various production stages to capture surface topography and roughness and to control the manufacturing process accordingly
Food and beverage industry is one of the most rapidly growing industries after the food industry.
Food and beverage companiesplay a key role and so do a food and beverage industry along with the food industry. And among the full list of food and beverages that are produced in a food and beverage industry, soft drinks are always found on the top as the augmentation of soft drinks has made the food industry and the food and beverage companies bigger