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19 February 2019

How to accelerate the oil and gas IIoT journey

What types of digital investment make the most sense for oil and gas companies, and where should these investments be focused? Just as asset utilization and uptime are critical drivers of profitability, maintenance and unplanned downtime are serious drains to a company’s bottom line. Optimizing asset uptime while streamlining maintenance activities requires having access to accurate, detailed and timely information — the kind that comes from the promise of the “industrial internet,” in the form of Industrial internet of things (IIoT), informing impactful decisions with real-time information. Jeff Williams, EY’s Global Oil & Gas Advisory Leader, provides details.

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Document ID: 2019-5244

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