The recent “lower for longer” pricing environment has forced the oil and gas industry to focus on measures to improve operational efficiency and reduce operational expenses. This transformation has emerged as a driver for the adoption of condition-monitoring solutions.

Networking technology is enabling a new generation of data-centric architectures which were not possible before in oil and gas applications. As sensors and connectivity expand at the physical layer, new systems will be able to take advantage of new infrastructure solutions and complete the path to full autonomy.