The oil and gas industry always has been an information intensive industry. With the rapid advances in satellite and data network connectivity, mobile and IoT applications are quickly becoming and integral part of oil and gas operations. Real-time and accurate information is crucial to decision making in an industry where downtime and mechanical failures can cost hundreds of thousands of dollars per day. At Renovatio Cloud Solutions, we build custom solutions across different operational areas within the downstream, midstream, and upstream sectors.
Scope and budget new projects faster than ever and estimate costs more accurately.
Leverage connected product data including configuration, utilization, and location to improve balancing of service level objectives with service parts inventory levels.
Collect and analyze product usage condition and consumable data to anticipate customer needs, automatically trigger alerts for cross-selling and upselling, forecast future purchases, and create new consumable models.