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May
24
2018
Tim Shea — Industry Trends

Supercomputer of One Oil Major is Size of a Soccer Field

ARC has been blogging about how the oil & gas industry was ‘big data’ before the term “Big Data” ever became popular. Major oil & gas companies seem to be coming out with their own claims to a supercomputer that is faster, bigger and more powerful than the next. The supercomputers are getting so big, in fact, that Eni SpA’s new supercomputer is the size of a soccer field.
May
23
2018
Inderpreet Shoker — Industry Trends

OTC Highlights Major Challenge for Digital Transformation

A key theme highlighted throughout the OTC conference was the rising adoption of digital technologies, i.e. digital transformation. one of the challenges that comes along with the digital transformation and that is change management. This is coming out to be such a huge challenge that it was a part of nearly all discussions and presentations around digital transformation at the OTC.
May
22
2018
Dick Slansky — Industry Trends

Materials Science is Making Manufacturers More Competitive

Looking to the future all industries will need next-generation materials to meet the demands for new products that are stronger, lighter, more durable, able to deal with more extreme physical conditions, and quite simply to emulate the structure of the natural world around us.

May
18
2018
Tim Shea — Industry Trends

Digital Transformation as Total Develops AI solutions with Google Cloud

ARC has blogged several times in the past on the increasing importance for oil & gas companies to seek out strong technology partners in order to fully maximize the benefits provided for by digital transformation and with the ultimate objective being realizing operational excellence.  ARC is

May
16
2018
Ralph Rio — Industry Trends

Augmented Reality Reduces Mean-Time-To-Repair

To improve fuel economy, all automotive OEMs have converted many of the car’s parts to lighter materials which often involves aluminum or magnesium.  To make these parts in the high volumes needed for car manufacturing, automated casting machines are deployed.  A key manufacturer of these machine

May
22
2018
Tim Shea — Industry Trends

Autonomous Robot Trial by Total is World’s First

Some recent articles were highlighting some exciting new developments related to an autonomous robot being developed for use in oil & gas market. This revolutionary project which will see the world’s first autonomous robot working on an oil rig has been unveiled.
May
17
2018
Sharada Prahladrao — Industry Trends

Walmart Acquires Flipkart - Impact on the India Growth Story

For the last few days the headlines are screaming "Walmart Acquires Flipkart". And the debate about how it will impact the India growth story is ongoing. Flipkart - India's first billion-dollar ecommerce company, sells 8 million products across 80+ categories and has 100 million registered users. Walmart had entered India in 2009 through a joint venture with Bharti Enterprises and later took full control of that venture in 2013. It currently operates about 21 wholesale stores in the country that serve small businesses. This time around, Walmart has changed its strategy and route to enter the India market.
May
15
2018
Jyoti Prakash — Industry Trends

Drilling Optimization Poised to Grow Through Automation

Oilfield drilling optimization systems market will experience a more robust growth as it continues to hold its appeal for users, particularly in the form of improved efficiency and performance that can lower overall operational costs, and improve profitability.  After the global oil & gas mar

May
10
2018
Mark Sen Gupta — Industry Trends

The ‘Battle for the Industrial Edge’ Unfolds

At last week’s OTC 2018 conference, I stopped at the Phoenix Contact booth for an update on its offerings. It has introduced some interesting products around industrial networking, connectivity, and electrical protection. What caught my attention, however, was the PLCnext controller, which is its ‘open’ PLC product line for the industrial edge.
May
08
2018
Paul Miller — Industry Trends

Renewable Energy and the Smart City of the Future

Clearly, increased use of renewable energy will be a prerequisite for future sustainability, which is a core objective for smart cities. With this thought in mind, something recently caught my attention in an article in the Ideas section of the Boston Sunday Globe newspaper. The article, entitled “Boston vs. the Rising Tide,” discussed how, back in colonial days, the effects of ocean tide were once extremely apparent in this city by the sea. And based on the tidal-influenced flooding of downtown during a particularly severe storm this past winter – tides are becoming increasingly apparent once again. This is due in part to the gradually rising sea levels and severe weather patterns we’ve been experiencing courtesy of global warming.
May
18
2018
Eric Cosman — ARC Report Abstract

Sharing Industrial Cybersecurity Guidance Across Sectors

While the imperative to improve industrial cybersecurity for both industrial control system hardware and software only started to receive significant attention around 2001, the need to do so has been known for decades.
May
15
2018
Constanze Schmitz — Company and Product News

ARC's European Industry Forum kick off - Day 1

Today, ARC’s  European Industry Forum 2018 kicked off under the sunny skies of the Spanish coast of Sitges near Barcelona.  More than 130 experts from the processing

May
10
2018
Larry O'Brien — Technology Trends

NIST Releases Cybersecurity Framework Version 1.1

he U.S. Commerce Department’s National Institute of Standards and Technology (NIST) recently released version 1.1 of its Framework for Improving Critical Infrastructure Cybersecurity, more widely known as the Cybersecurity Framework.
May
24
2018
Sharada Prahladrao — Acquisition or Partnership

ABB India and NITI Aayog Collaborate to Make India AI-Ready

The National Institution for Transforming India (NITI Aayog), the think tank of the Indian government, and ABB India have signed a Statement of Intent (SoI) to support the Indian government to realize its ambitious vision of “Make in India” through advanced manufacturing technologies that incorporate the latest developments in robotics and artificial intelligence.

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