Wall Street Expectations for Shale 3.0 Drives Need for Adoption of Industry 4.0 Digital Transformation

Nearly every participant in the North American oil and gas industry has heard plenty of hype about the Industrial Internet of Things (IIoT) being the panacea for domestic onshore producers.  Although the current state of IIoT technology demonstrates some preliminary benefits to this industry, producers do not need to wait until these technologies are fully proven to achieve Digital Transformation.  Evolutionary paths available today provide the ability to achieve desired business results while still operating within current financial and logistical constraints.  The key to success in this effort is the effectiveness with which the producer’s human resources interact and leverage.

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