Digital Transformation Makes Data the “New Oil”

GE recently held its Oil & Gas Annual Meeting in Florence, Italy.  This consisted of a number of presentations and demonstrations featuring the latest oil & gas technologies for upstream, pipelines, LNG, refining, etc.  Even in a time where many capex budgets have been adjusted downward in line with the “new normal” in oil prices, companies have deploying digital transformation projects due to their often quick ROIs and positive bottom line impact.

New EdgeX Foundry Looks to Unify the IoT Marketplace to Accelerate Enterprise IoT Deployments

The Linux Foundation announced the launch of EdgeX Foundry, an open source project to build a common open framework for Internet of Things (IoT) edge computing and an ecosystem of interoperable components that unifies the marketplace and accelerates enterprise and Industrial IoT.  The initiative is aligned around a common goal: the simplification and standardization of Industrial IoT edge computing, while still allowing the ecosystem to add significant value.

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