Oil and Gas Industry is transforming; the new normal benchmark is being shaped now that the Industrial Revolution 4.0 has gained momentum in the Oil and Gas sector. TenRivers is aligned with this transformation. Our portfolio of companies are laser focused on providing Digital Services to the Oil and Gas Industry, providing end-to-end solutions that include Artificial Intelligence, Machine Learning, Block-Chain, Augmented Reality and Virtual Reality, Cyber Security, and Advance Analytics.
By 2021 the Internet of Things (IoT) market spend will reach $1.4 Trillion USD and 36 Billion smart devices [ref. IDC 2018] will be installed enabling digital transformations and disruptions for those enterprises that invest now into Digital Solutions. TenRivers has the experience in enabling your enterprise to participate and evolve your business to the new digital era.
Our world population will grow from 7 billion in 2014 to 9 billion in 2050. Energy demand will increase by more than 100% Consequently there is an increasing need to optimize and predict system performance in the Oil and Gas industry. Geographically scattered assets need to function as one system. And systems need to be scalable and support the growing volume of instrumentation and data accessibility, integrating multiple protocols and standards, where security of devices and systems is paramount. Digital Solutions require a mix of legacy and newer equipment including intelligent sensors and actuators. TenRivers portfolio of companies have the know-how and experience to implement IR4.0 in the Oil and Gas industry.
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