Remote monitoring and smart meters enable new revenue streams for energy sector
Connected oil fields, smart meters, and connected labor solutions showcase the technological direction that energy & utilities companies have taken using Industrial IoT (IIoT). IIoT enables the energy producers and providers to integrate a larger ecosystem of power sources into unified distribution networks.
Shell leverages smart oil fields to achieve 10% more oil and gas production by remotely monitoring oil-well operations through fiber-optic cable connections. SPs are enabling the ~$8 Bn digital energy use cases by offering connected services and remote management solutions for energy companies.
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