Why a data network will drive the energy industry forward in 2019

Digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors. Digitalisation is nothing new to the sector, of course, says Ron Beck, Energy Industry marketing director at AspenTech. Refineries have, for example, been pursuing it for more than thirty years, with technologies like advanced process control (APC) well-established

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Seeq secures $23mn series B to fuel IIoT advanced analytics growth strategy

Seeq Corporation, a specialist in manufacturing and Industrial Internet of Things (IIoT)advanced analytics software, announced it has secured $23 million (€19.71 million) in Series B funding led by the Altira Group with participation by

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Driving reliability and improving maintenance outcomes with machine learning

There is a significant need to carry out failure prevention using data-driven truths rather than guesstimates. The combination of mechanical and process induced breakdowns costs up to 10% of a worldwide $1.4 trillion manufacturing market per a 2012 report from The McKinsey Global Institute.

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