The oil and gas industry is the lifeblood and oxygen of the modern world. It produces the stuff that powers the power stations, providing the energy on which we all depend if we live in a country with even a moderate infrastructure.
Much as we’d all like to live on fresh air, and run our iMachines on the light that shines in through our windows, the harsh reality is that the dirty and dangerous business of fossil fuels is still the biggest generator of energy in the world today.
No developed or developing economy on Earth can do without oil and gas, and no oil and gas plant can do without systems to prevent downtime. Every second of unscheduled downtime can cost the oil and gas company millions of dollars. Not only that, the secondary effects on all the businesses connected to the oil and gas company’s supply lines – which basically permeate the whole of society – could be devastating to a nation’s economy and wellbeing if those seconds turn into minutes, hours or days. [Read more…] about There will be data: Exclusive interview with Honeywell UOP cloud boss