Evolution of the Oil and Gas Business Model: Room to Build on a Strong Foundation

Polaris Sensor Technologies

In oil & gas, enthusiasm for Industrial Internet of Things (IIoT) is already abundant. But unfulfilled potential abounds. A new study from Bsquare found that while 89% of businesses employ some sort of solution, most deployments remain fairly basic. Since advanced IIoT offers significantly greater ROI, many companies are leaving substantial value on the table. With cost reduction cited as the top driver of IIoT adoption, it pays to know if you’re maximizing ROI. For more on your competitors’ digital maturity, as well as how advanced IIoT can give your business an edge, check out the survey infographic.

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