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How Mobility Can Transform Petroleum Industry?
Mobility in Petroleum Industry Many major industries in the world are facing economic deterioration due to the increased challenges in their field, particularly price level inconstancy, which is affecting nearly all sorts of industries, including Oil and Gas industry. The Oil and Gas industry is playing a very crucial role in the economic stability of Kuwait, as it constitutes about 43% of GDP, as well as this industry plays a very important role in the global economy. Mobility to Sustain in Competition For the Oil and Gas companies in Kuwait, it is very important to sustain in the business competition. Prominently, oil and gas companies are facing challenges in managing offshore and onshore operations in the fast changing as well as highly organized environment. It is very important to shake hands with new technologies to promote the business. Mobility, especially mobile application is playing a massive role in any industry to grow, while Oil and Gas industry is not an exception. Mobile technology is on the second position of Oil and Gas IQ survey among the top 10 priorities of the industry. But among top 50 oil and gas enterprises, currently 1/3 enterprises are having their apps. Mobility to Build Connected Enterprise Mobile devices are becoming smaller and smarter, as well as resilient which is beneficial for oil and gas industry as the new inventions like explosion-proof phones and tablets are also available. Mobile app is useful for better communication and collaboration among teams, which will be helpful to make better informed decision faster, thus it will increase the efficiency, which directly gives positive effect to industrial economy.
According to Carolina Milanesi, the Gartner smart device analysts, “The ubiquity of smartphones and the increasing popularity of tablets are changing the way businesses look at their strategies.” Here are top benefits of mobile applications in oil and gas industry. Real time operability: Field information catch by mobile device has the excellence of adding a continuous operability to the tasks in hand. The project managers can keep an eye on the work done by the man in the field by providing visibility on the ongoing task, as it is very important in drilling and production.