Towards the Digital Oilfield
Long considered a laggard in embracing the digital revolution, the hydrocarbons sector looks set to transform itself as energy companies scramble to make themselves ‘fit-for-fifty,’ that is still profitable at an oil price of merely 50 dollars per barrel.
Safe, Secure, Digital: The Evolution of TÜV
In the course of digitization, TÜV has not only further developed all applicable standards – it has developed itself. And now, it is proving its resilience against the effects of the coronavirus. How has the company managed to accomplish this – and what can the process industry learn from it?
Pharma 4.0: How Technology Is Transforming an Industry
The pharmaceutical industry is undergoing rapid change. Digital advancements in areas like systems integration, track-and-trace technology, and deep learning are helping the industry optimize its supply chain, improve safety, and even develop new drugs.
Mining 4.0: How Technology is Transforming an Industry
The dirt and heat of the mine have been exchanged for air-conditioned control rooms. Explosives once cautiously placed by human hands are now precisely positioned by automated robots. Even the mine trucks are now loaded by autonomous earthmovers, weighed by lasers, and driven to the surface autonomously on sustainable energy. So why did one of the world’s oldest industries feel the need to dramatically digitalize?
Downtime: How COVID-19 Influences Industrial Markets
In the process industry, customer demand and supply chains are both suffering as a direct result of COVID-19. This is impacting investment decisions. Drawing from a recent ARC automation index and capital expenditure report, we observe market trends during this critical period.
Confidence in Times of Crisis: How to Keep Your Plant Running
The COVID-19 pandemic raises entirely new questions for plant operators. How can plants continue operation with depleted staff onsite? How are the responsibilities of external service providers affected? How can factory acceptance tests (FATs) be carried out? We explain what is changing for process industry companies – and what isn’t.
COVID-19: A Catalyst for Digital Transformation?
Digital transformation is nothing new, but the stakes are higher than ever before. The New York Stock Exchange has closed its famous trading floor, 5G-enabled diagnostic systems allow medical experts to conduct consultations remotely, and smaller businesses are moving online for the first time. Is it a case of “desperate times, desperate measures”? We explain.