Digitalization sees smart devices exchange timely data in ways that help transform performance through the use of analytical programs, which guide operational decision-making to reduce risk while increasing efficiency and profitability.
All parts of the world economy are being affected by the Internet of Things and related technologies, including oil and gas. Although the idea of a digital wellhead has existed for many years, the oil price crash a few years ago encouraged operators of all sizes to start looking at the concept more seriously.
https://www.epmag.com/digital-transformation-strategies-1716691#p=1
