Oil and gas industry deals with huge amounts of data from a network of thousands of motors, heavy duty mechanical equipment, electronic relays and sensors synchronized & controlled by complex systems. The industry demands to monitor thousands and thousands of parameters & signals in every moment. Electro-mechanical equipment needs frequent maintenance and often suffer an operational breakdown. Failure of a single unit or single process leads to consequent breakdown or stoppage of the process leading to huge loss of revenue as the oil company fails to achieve its desired sales target or market demand. Many players in the industry have invested in seismic software, visualization tools and other digital technologies long back itself to unearth new avenues of information in this field and make technical decisions based on this.
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