IoT Oil and Gas: The Next Economic Revolution

With the Internet of Things placing its footprint in almost every industry, IoT Oil and Gas has become the next economic revolution. The Industrial Revolution in the 17s and 18s and the Technological Revolution in the 19s and 20s combined to bring the IoT Oil and Gas powered by Intelligent Machines. By 2030, GE predicts that IoT in O&G will contribute more to the global economy than any other industry. Not only this 70% of total GDP is contributed by the U.S. only.


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