In the Oil and Gas sector, two primary areas of IoT hardware investment are improving operational excellence, health, safety, and environmental control (HSE), and cybersecurity threat prevention, detection, and response.
Investment in IoT technologies in these areas is critical to enhance overall operational efficiencies, ensure compliance with safety and environmental regulations, and protect infrastructure from cyber threats, which are increasingly prevalent in the industry.
References:These focus areas align with industry trends where enhancing operational safety and securing critical infrastructure are prioritized to mitigate risks and improve performance in the volatile environments typical of oil and gas operations.