M2M (Machine to Machine) applications in the oil & gas sector in 2014: markets, players, figures, challenges and facts.
When it comes to M2M (Machine
to Machine) applications in the oil & gas sector, Connectikpeople.co seeing
solutions for upstream and midstream activities.
Our unique experience of this industry
leads us to observe progressively that, the main drivers for adopting M2M apps
in the oil & gas industry are safety and environmental concerns, regulation
compliance and demand for improved operational efficiency.
Connectikpeople.co also
observes that, Machine-to-machine solutions can be found in applications such
as monitoring and control of drills, wells and pipelines.
Real-time pipeline monitoring
is driving the adoption in the midstream segment, and in the downstream
segment, cellular telemetry solutions progressively prove to be a great fit for
remote monitoring of storage tanks. Thanks to analyst firm Berg Insight.
The oil & gas industry is
characterized by remote and inaccessible facilities where wireless
communication in many cases is the only viable option for transferring M2M
data. North America leads the market for M2M applications in the oil & gas
sector.
Connectikpeople.co recalls
that, Pason Systems, Zedi and Critical Control are North American based
companies which are major vendors of field instrumentation, equipment, services
and M2M solutions for the of the oil & gas industry.
Oil and gas M2M specialists in
Europe such as ISA, Powelectrics, Sensile Technologies and Silentsoft are
typically more focused on downstream activities such as tank monitoring.
Sierra Wireless, Digi
International and Calamp are major M2M players that deliver solutions to a wide
range of industries, including oil & gas. Other important players are
global technology and automation companies.
General Electric, Rockwell
Automation and Schneider Electric are three such companies which have made
substantial investments in SCADA and wireless M2M solutions aimed at the oil
& gas market in recent years.
Vodafone, Numerex and Orbcomm
are examples of communication providers which through in-house resources and
acquisitions have developed end-to-end oil & gas M2M applications.
The installed base of wireless
M2M devices in the oil & gas industry reached 423,000
in 2013According to a new research report from the analyst firm Berg Insight, the number of devices with cellular or satellite connectivity deployed in oil & gas applications worldwide was 423,000 at the end of 2013.