Big Data is a disruptive technology. It is changing major industries from the inside. In the next posts, we will learn how Big Data changes different industries.
Today’s focus: Big Data for Oil and Gas.
There are several benefits for the Oil & Gas industry with Big Data. A key benefit comes with real-time monitoring of sensors in the production chain. This starts with monitoring during a drill and continues when hauling oil. It is possible to react immediately to changed pressure and other factors. Big Data can also largely improve results during the refining phase. Last but not least, it is possible to adjust global operations in the oil&gas industry by using data.