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Digital oil and gas, big issue for holding digitalization in O&G…

- - - - Cost reduction
      - Expanding capability
      - Falling power needs
      - Off-line Capability
    - - Locate anything, anywhere
      - Disposable
      - Open source
      - Generate data
    - - Cyber security
      - Lack of standard
      - Sensor architecture
      - Management of change process
- - - - life blood of digitalization
      - O&G is data rich
      - Upstream invented big data
      - seismic data market
      - Valuing upstream
      - DATA IS SILOED
        
        Defined by application
        
        Volume is growing
        
        Large nr of measurement devices
        
        Data trapped at the field
      - DATA CHALLENGES
        
        Device calibration
        
        Accountability for data
        
        Value on data
        
        Quality of older data
        
        Proliferation of data
        
        Need to raise data acumen
    - - Capabilities are growing thanks to Moore's Law
      - O&G Employee 2 Smart devices
    - - Field connectivity still lacking
      - Mobile workforce a reality
      - Off shore very limited
  - - - Application (chips, data, analytics & digital things, apps ....)
      - Nr of transistors in a dense integrated circuit (IC) at optimal $/perfomance doubles about every 2years. (no end in sight)
    - - Network value = Nodes2
      - Application Business models & Cloud app stores devices IoT
      - MCL & ML inforce each other
      - Big potential in O&G (e.g. connect equipments each other PUMPS, WELLS, VALVES
      - Lots of infstracture in O&G is designed without view of MCL