With today’s gradually improving prices, ARC has observed an increased focus on offshore and subsea drilling. Renewed investments in deep water and ultra-deepwater projects by major oil & gas companies should help drive a recovery in the market for subsea control systems.
For the first time Wind River participated as a global sponsor at the recent ARC India Forum. I was curious to know how the company views digital transformation and how their journey has been. I listened keenly to the keynote address by Ricky Watts, Director, Industrial Solutions, Wind River. Presented here are some of the highlights.
When I ask people what they think the Internet of Things (IoT) is all about, the majority say, “smart homes”, probably based on personal experience with Alexa or Siri. If I say that it’s also about industries making using of sensor data, most think of manufacturing. Sensors have been used for a long time in manufacturing, and the concept of using data generated at the edge to monitor and run automated processes is well understood. But this is underestimating the potential of IoT. In practice, IoT can be applied anywhere.
Siemens PLM, a business unit of the Siemens Digital Factory group, recently held their annual analyst conference. There was a very noticeable and very significant difference between the 2018 analyst event and those in past years. Up until now, these industry analyst events provided Siemens PLM an opportunity to present the analyst community with a look at new features, improvements, and new products added to their overall PLM solution portfolio that were developed and released during the last year.