Interview: Dave McCarthy, Senior Director of Products, Bsquare
McCarthy discusses the technology integration happening in the oil and gas industry and how where companies are finding success.
According to McCarthy, Bsquare is an industrial IoT solutions provider that offers data analytics solutions for oil & gas companies, as a sector of application, to help them maximize efficiency and improved uptime.
McCarthy is a leading authority on industrial IoT, who advises Fortune 1000 customers on how to integrate device and sensor data with their enterprise systems to improve business outcomes.
McCarthy regularly speaks at technology conferences around the globe and recently delivered the keynote presentation at Internet of Things North America. He is also a frequent contributor to IT publications, including IoT Evolution and TechTarget.
Specific to IoT in oil & gas, McCarthy explains how data generated by IoT can be used predictively, diagnostically, and prescriptively to generate tangible benefits such as efficiency, increased uptime and real-world feedback for R&D.
It's tempting to think of software as just creating the digital counterparts of real-world items such as email versus letters or an Excel spreadsheet versus a ledger. And at a basic level, this is true. After all, the oil and gas industry spends $5 billion each year on paper records which can be managed more inexpensively by digital document software.