Increased competition and rising regulatory pressures and public expectations, have driven many of the technological developments in pipelining in recent years. The ‘new era of automation’ is built on different technologies and its capabilities are transforming the way energy sector operates. Also, technological advancements are now improving the way pipelines are planned, constructed and operated.
With the recent improvement in cloud technology, analytics, and computing power, pipeline companies and operators can transform their huge amounts of data into intelligent insights, providing them meaningful decision support to gain the next level of operational efficiencies – optimized efficiency and enhanced safety. Industrial Internet of Things (IIoT) is now common within energy sectors, that not only connects machines and appliances, it also allows for greater connectivity across entire assets – drilling rigs, refineries, pipelines, grids, etc., – to optimize performance and minimize downtime, while enhancing health and safety and environmental performance management. With the introduction of ‘Digital Twins’, that uses data from IoT devices, organizations can create a virtual simulation of an asset to improve efficiencies and enable predictive maintenance of pipelines. GIS technology helps organizations to determine the best route for pipelines by allowing them to evaluate many variables, including social and environmental impact and geological risks, in one computer.
It’s evident that the future of the energy sector will be powered by multiple clean pipeline technologies, and the key is to find the right technology that will ignite a revolution and scale to meet the world’s energy needs. Ignoring the benefits technology provides is no longer an option; it’s important to grab the opportunity and make the most of the technology advancements. Today, technology is taking pipeline construction and maintenance to another level, ensuring that the new projects are not only safe and effective but also profitable.
In this edition, Energy CIO Insights has compiled a list of Top 10 Pipeline Technology Solution Providers in Europe to guide organizations in the energy sector in harnessing the power of technology to tackle today’s pipeline challenges. We hope this issue of the Energy CIO Insights helps you build the partnership you and your firm needs to foster a technologically-driven pipeline environment.
We present to you, Energy CIO Insights’ “Top 10 Pipeline Technology Solution Providers in Europe - 2020.”