asset tracking is the act of compiling information about an organization’s physical assets, such as location, status, condition, who is using what, when, and where, calibration and maintenance schedules, and requirements for new or upgraded equipment. Physical assets can include heavy machinery and equipment, vehicles, tools, and IT devices, among other things. The goal of asset tracking is to improve business efficiencies and save time and money. Assets are tracked using asset-tracking software or by a mobile app with scannable asset tags.
augmented reality (AR) is the superimposition of digital data, usually an image, onto real-world objects to enhance the user’s understanding of the real-world environment. Augmented reality applications enable engineers to tie contextual digital information within the AR program to an AR marker in the real world. When an AR web browser plug-in or computer application receives digital data from a known AR marker, it executes the marker’s code and layers the contextual information. Engineers can use AR in many ways, such as a 3-D visualization of a facility installation design onto a project site.
Catalogue management can form the basis for e-marketplace, e-procurement, supply chain management, and enterprise resource planning (ERP) in the sector. Challenges in effective design and implementation of digital catalogue management systems include design and modeling, translation, standardization, indexing, publishing, and version management.
Cloud storage is a model of cloud computing that stores information on the Internet via a cloud service provider who operates and manages data storage. The cloud storage provider delivers just-in-time storage capacity on demand to the client, which eliminates the need for the client to purchase and manage its own data infrastructure and storage. For companies in the oil and gas sector with large data storage requirements, cloud storage can provide agility, durability, and global scale, along with “anywhere, anytime” data access. Cloud storage can be purchased from third-party cloud vendors who can deliver it online as a “pay-as-you-go” model. The cloud storage vendor will manage the security, durability, and capacity to make data accessible to the company’s applications anywhere in the world. Many vendors also provide complementary services aimed at helping clients collect, secure, analyze, and manage data on a massive scale.
Data capture is the process of using a variety of sensors to collect relevant data that will later be processed and used for predetermined purposes. Data capture is a costly exercise, and planning will help ensure that the captured data is valid and supports reuse. Data capture tools must provide ways to organize and structure files, including data validation components that ensure captured data meets the required type and range. Data tools should allow data to be moved to the targeted destination quickly and with high quality. Oil and gas facilities typically have a large number of metering points with various departments within the organization using this data, including compliance with regulatory reporting requirements. It is important to collect data in a timely and accurate manner so that it may be cataloged and used in a larger data model.