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Oil & Gas Technology Report

Oil and gas companies switching to cloud-based data centers

Data centers are dedicated spaces for the housing of computer systems, and these centers are crucial for business continuity in the oil & gas industry as companies seek real-time management of data. A significant growth in the volume of data created from processes, particularly in the upstream sector, there is an increased demand for high-performance data storage solutions.

In this thematic report, GlobalData will explore data centers in oil & gas and their abilities in addressing challenges across the industry.

  • What you will discover...
  • To facilitate superior warehousing and mining of operational data, companies continue to leverage the advantages of data centers.
  • Sensors and connected devices that form the industrial internet ecosystem are triggering large data deluge.
  • Data centers provide a platform for analysis of big data to monitor real-time equipment performance.

This expert research report analyses how they will be implemented in the oil & gas industry. The key players include identifies ADNOC, BP, Eni, Equinor, ExxonMobil, Mansfield Oil, NNPC, Saudi Aramco, and Total.

Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments:

“Sensors and connected devices that form the Industrial Internet ecosystem are triggering a massive data deluge from oil and gas operations. Data centers provide the ideal platform to accumulate this data and apply big data analytics to monitor real-time performance and predict equipment malfunction. It can also serve as a back-up and recovery mechanism in the event of a critical system failure.”
Data is one of the most crucial assets we have in the modern world and needs to be effectively managed and protected.
“Oil and gas companies are leveraging cloud-based data centers as an alternative to traditional data centers as it facilitates remote data access via internet connectivity, which compliments field operations. It also enables oil and gas companies to focus on their core competencies while leaving the management of IT systems with the technology players.”

 

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