Thursday, March 24, 2016

In Search of Disruptive Technologies

“Experts often possess more data than judgment.” -- Colin Powell (Chairman of the US Joint Chiefs of Staff (1989-93).)

A recent email from Asian Downstream Week, 26-27 October 2016, Singapore (www.downstream-asia.com/ ) got me thinking about how to identify disruptive technologies affecting the oil and gas industry.

Googling for "disruptive technologies" is not the fastest way to find out what is going on.

A more efficient approach is to identify key disruptive technologies, such as “big data” and IOT (Internet of Things). Combining such terms with refining OR refinery is much more likely to produce the results you need.

FYI, here is the email that provoked this post …

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Subject:   How Are Disruptive Technologies Transforming Downstream Asset Management?
From:   Cathy Gu
Date:   Mon, March 14, 2016 11:04 pm

It is not new that today the downstream sector is prioritising their asset value maximisation. What is new is how data analytics is transforming the way assets are being managed and maintained globally.  Disruptive technologies including big data and IOT (Internet of Things) are providing new approaches in achieving operational excellence and asset optimisation.

 The Operational Excellence & Asset Optimisation agenda is created for the asset owners & maintenance directors from refining and petrochemical industry to explore innovations and best practices around the following areas:
•Next generation asset management
•Predictive maintenance
•Reliability strategy
•Energy management system
•Analytics and machine learning
•Building people capabilities for digital asset management
Download the complimentary report on the significance of operational excellence in securing the future of downstream operations.
Do you have a solution in these areas that can help them in accelerating their journey? Get in touch with me today to discuss how to get involved on the agenda.

Kind Regards,
Cathy Gu
Project Director
Asian Downstream Week
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