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Author: TrueContext Editorial Team
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Field service data surplus: are you facing a insight shortage?
At a glance: Today, the sheer volume of data being created worldwide is overwhelming, with some forecasts suggesting a datasphere ranging from 175 zettabytes (IDC) to 200 zettabytes (Arcserve). Client histories, equipment readings, and technician notes. This constant inflow of data holds tremendous potential, but it raises a fundamental question: how much is too much?…
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Field service safety workflows: from data chaos to costly crisis
At a glance: The daily pressures of field service leadership today are immense and can be complicated by factors like bad data and poorly designed field service safety workflows. It’s easy to overlook critical information when balancing efficiency, productivity, and cost control worker safety. However, in high-risk environments involving heavy equipment or oil and gas…
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Find Us at The Connected Worker Houston 2024
TrueContext will attend The Connected Worker Houston, a significant event for the energy sector that will focus on advancements in digital transformation for the workforce. The event will occur from April 22 to 26, 2024, at The Westin Galleria Houston. Shaping the future of energy work: discussion topics The event delves into critical issues relevant…
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Beyond deployment: tech adoption as a logical step for your field service teams
At a glance: The field service industry is undergoing a rapid transformation. Leaders increasingly turn to technologies like Artificial Intelligence (AI) and Machine Learning (ML) to streamline operations, optimize decision-making, and gain a competitive edge. For example, Shell collaborates with SparkCognition to speed up exploration using generative AI. Meanwhile, Johnson Controls leverages ML to optimize building environments, focusing…
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Data and the capital discipline question in oil & gas
At a glance: The oil and gas sector is transforming as leaders prioritize financial value, environmental sustainability, and capital discipline in oil and gas over production-centric strategies in response to geopolitical shifts and economic variability. Deloitte highlights the significance of an investor-centric system for navigating these changes. As they explore alternative energy forms with much tighter…
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Beyond uptime: How oil & gas is leveraging predictive asset maintenance
At a glance: In oil and gas field service, where every minute counts, unexpected equipment downtime isn’t just an inconvenience—it’s a critical setback. According to a study by Deloitte, unplanned maintenance can eat into a significant portion of an organization’s operational budget, up to 20% in some cases. This not only inflates costs but also impacts…
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Maintaining the talent pipeline in oil & gas with technology
At a glance: With an occupational hazard rate five times the US average, the industry needs novel ways to counter worker exodus In the oil and gas sector, known for its operational challenges, maintaining health and safety compliance is more than a guideline; it is an essential mandate for every service leader. This necessity is…
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Leveraging a true digital ecosystem in oil & gas
At a glance: Field service leaders must navigate many challenges and opportunities in today’s dynamic oil and gas environment, including geopolitical shifts, macroeconomic fluctuations, regulatory changes, and the rapid emergence of new technologies. For them, thriving in this complex landscape means balancing financial discipline and pursuing sustainable, profitable energy solutions. Blending proven best practices with…
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Find us at Oil & Gas Automation and Technology Week 2024
TrueContext will be attending Oil & Gas Automation and Technology Week, the leading event for digital transformation and technology innovation for oil, gas, and petrochemical professionals. The focus for 2024 is on disruption technology and its potential to accelerate business transformation, decarbonization, and energy transition. Find us at the TrueContext booth where we will be…