Leveraging Cloud Technologies in the Oil and Gas Industry

Posted onJanuary 8, 2019February 15, 2019AuthorPryme Oil & Gas

Despite having it tough in the last couple of years, oil and gas companies are not starting to adopt cloud technologies.

Most likely, they have realized the importance of being digital, and cloud technologies plays an important role in this venture.

There are many reasons why companies are adopting this technology. They might expect to have easier data and insight gather, faster operations, and better decision making.

Here’s a look at the main benefits of cloud services to oil and gas industry:

Benefits of Cloud Technologies

The majority of companies are planning to invest on digital technology. This includes artificial intelligence, robotics, virtual reality, computing, or even blockchain.

Cloud technology is in the “computing” category. It is also one of the most important part of digital transformation.

Unlike other technologies, there are many benefits that come with having a new source of data. One is the increased performance of operations.

It can also lead to reduced cost of services and faster deployment.

The Proof of Improvement

If the company you’re working with is still alien to cloud technologies, it might come as a surprise to you that many companies are already reaping the benefits of cloud adoption.

For example, GRTgaz, one of the largest natural gas operators, is already enjoying an increase in the environment availability from 54 percent to 90 percent.

Cloud technologies have also reduced the need of for companies to test operations.

However, cloud adoption is not that easy to handle. There are several steps to make it possible.

Steps to Cloud Adoption

Once companies realize the benefits of cloud adoption, it’s only natural for them to want to implement it as soon as possible.

But there are precautions to be taken before doing that. Here are the three steps to take in order to make cloud adoption a success.

It’s important to strategize and analyze the current state of your business.
Plan the blueprints, sequences, patterns, and roadmaps that will lead to the cloud adoption.
Lastly, it’s time to implement cloud adoption. Management will be busier than ever within this duration, so precautions are necessary beforehand.

Conclusion

The opportunities and perks of cloud adoption are intense. Soon, the oil and gas industry will implement this technology.

Once they do so, they will reap a lot of benefits from it.

If you have any questions regarding cloud technologies, feel free to contact us or leave your comments below.

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