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10 ways the oil and gas industry can leverage digital twin technology

IBM Big Data Hub

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. What is a digital twin?

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

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What is IoT Dashboard?

FineReport

The Internet of Things (IoT) has revolutionized the way we interact with devices and gather data. In this article, we will explore the concept of IoT dashboards, delve into their benefits, examine real-life examples, and highlight the essential features that make them indispensable in the IoT landscape.

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Digital twin vs digital thread: Two complementary ways to digitally replicate assets

IBM Big Data Hub

Here, we will compare digital twins and digital threads, and discuss potential use cases and benefits. Digital twin technology uses Industrial Internet of Things (IIoT) sensors, machine learning and simulation software to collect product data and generate accurate models. What are digital twins?

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How to choose the best enterprise asset management software

IBM Big Data Hub

Large organizations are comprised of many assets that require continuous monitoring to ensure optimal productivity. Whatever the case, large organizations can benefit from enterprise asset management (EAM) software to manage all the physical stuff the company owns.

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10 manufacturing trends that are changing the industry

IBM Big Data Hub

Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. Artificial intelligence (AI) One of the most significant benefits of artificial intelligence (AI) in manufacturing is its ability to analyze vast amounts of data in real-time.