With the increasing number of energy exploration enterprises are turning to automation, in an effort to lower the operation and maintenance costs as well as cope up the lack of skilled labor, they have to incur in the process, the global market for Internet of things (IoT) solutions for the oil and gas industry is witnessing a positive growth. An upward movement in the market can be observed with many energy firms shifting from their traditional practices to a more analytical performance-powered approach. The integration of IoT solutions in oil and gas exploration has reduced the risks of failures and delays. This, as a result, is reflecting greatly on the demand for IoT solutions from energy companies across the world, states an analyst at Transparency Market Research (TMR). In this blog post, researchers at TMR answer some of the queries about the global market for IoT for the oil and gas industry: Browse Market Research Report @ http://www.transparencymarketrese...
“Knowledge is Power” as we all have known but in today’s time that is not sufficient, the right Solution of knowledge is Intelligence.