Oil and Gas Industry

Oil and gas companies rely on efficient IT solutions to increase operational efficiency. Adapting to IT helps them stay ahead of the competition. On behalf of its customers, Excis is implementing a nationwide network modernization program at 750 gas stations across Germany. They install and configure new network hardware devices, including routers, access points, and firewalls connected to POS terminals and other essential devices in the store over a period of 6 months.

What is the role of Excis in the oil and gas industry?

Digital Workforce Management:

Managing the workforce in the oil and gas industry can be challenging due to the large number of employees, especially in the mining industry. Excis digital workforce management mitigates this challenge by enabling seamless employee management. They leverage AI, IoT, and other technologies to create a software solution that facilitates employee care delegation and allows for collaboration and communication between employees and seniors.

Drilling management:

Excis help oil and gas drilling companies to optimize their efficiency using the latest technological advances. Their technical solutions are aimed at reducing production costs and system failures and increasing productivity. They collaborate with different stakeholders and experts to gather the necessary hardware and software tools to manage highly complex projects.

Asset management: 

Asset management is critical in achieving operational efficiency. Excis asset management solutions are tailored to handle small to large-scale production. This makes it available to most oil drilling companies. They understand the need for efficient asset management to reduce downtime. Comply with legal and regulatory standards, cost saving, and manage resources. They offer asset management solutions for your oil and gas company to enhance security, promote efficiency and reduce operational risks.

Fleet Management System:

Excis fleet management solutions help you stay connected to your fleet and track driver behavior while in transit. They offer automatic security checks, real-time monitoring, maintenance, and communication with the driver. Streamline your workflow by providing a solution that enables seamless mobile asset management.

Performance analysis: 

Data is one of the essential elements in any industry today. They develop data analytics solutions to deliver insights into operations management and decision-making. Excis solutions use data from various systems to help reduce production costs, Perform predictive and preventive maintenance, Optimize the drilling process and increase safety during the drilling and transportation of petroleum products.

What are the Excis innovative technologies used in the oil and gas industry?

Artificial Intelligence and Machine Learning:

AI and ML technologies enable automation by creating intelligent systems that mimic human behavior. AI technology is being used to drive responsive technology and improve system performance and reliability. Excis use AI technology to create automated machines and devices for use in the oil and gas industry.

Internet of Things (IoT):

The need for system checks and communications in the oil and gas industry has made IoT an integral part of the industry. The IoT enables the data collection from sensors embedded in drilling machines, vehicles, and other components in the oil and gas industry and the transmission of information via the Internet to be able to use the system monitoring. Thus, IoT technologies enable the oil and gas industry to interact better with machinery, hardware, and software devices.

Big data:

Big data is an innovative technology for companies looking to succeed in the oil and gas industry. Big data analytics help these companies gain actionable insights into market trends, inventory, operating and maintenance costs, and industry trends. These insights enhance decision-making capabilities in the oil and gas industry to enable better service and profitability.

The main challenges and steps to take in the oil and gas industry:

The main challenges of digital transformation in the oil and gas industry are:

The main challenges of digital transformation in the oil and gas industry are:

Safety: The oil and gas industry is not known for its risks. But there is often no choice. For example, if a company wants to drill an exploration well in the Arctic Sea, They need technology that can withstand extreme temperatures and conditions.

Cost: Digital transformation takes a lot of time, money, and human resources. It can take years for companies to see a return on investment (ROI), especially if they want to build their own software instead of purchasing a commercially available solution.

Security: Oil rigs are often located in remote areas or even underwater, which has few options for communication or internet access. This makes it difficult for IT teams to track security patches and other software updates. That could make sensitive information vulnerable to hacking or leaks online.

Agility: The speed customers expect things to be completed has increased greatly in the past few years. Businesses are now expected to receive the product within hours or even minutes.

The gas and oil industry has been slow to embrace digital transformation. There are signs that this is changing as more and more companies realize how important it is to meet customer needs.

Why will you choose Excis?

Excis is confident that we will work with your company and come up with a strategy that meets the requirements of your company. Their skilled professionals ensure that projects can be completed within the required time frame. They take a holistic approach to designing and implementing strategies to optimize quality and cost.

  • Provide quality and experienced software development consultancy.
  • State-of-the-art solutions and the use of innovative technologies
  • Knowledge in various fields
  • Efficient and effective customer support

The oil and gas industry is a capital-intensive business with large expenditures for exploration and development projects. This means that companies must have access to abundant resources when they need them most. Many projects take years to complete. This can lead to cash flow challenges, including changes in tax laws and regulations that affect the amount spent on investments. Digital transformation can be of great benefit to oil and gas companies. So implementing it is not an easy task. There must be a combination of business, technology, and cultural change.

Nowadays, the oil and gas industry is undergoing a digital transformation and while it may sound easy, it is not. In fact, it is a complex and complicated process that requires a deep understanding of the challenges in this sector.