IoT and Connected Assets – Revolutionizing the Asset Management

Internet of things (IoT) in oil and gas

industry comes up with a single strategic system which tracks the information about an asset and thus helps in doing better business.It includes real-time location, status updates from systems, maintenance of a device and other important information about an asset. An asset increases the efficiency and productivity of the work done as it sends alerts to the workers about the equipment. The implementation of IoT in oil and gas industry has saved the time and cost of many organizations.