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Differences between such as LoRaWAN, RFID, or how they work together (Asset Tracking)

When it comes to oil and gas, LoRaWAN (Long Range Wide Area Network) is quickly drawing the attention of companies around the globe, especially for asset tracking. This technology is…

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The Short Guide to Asset Verifications During M&A

When you merge with or acquire a company, you are taking on an entire portfolio of assets. From real estate to equipment, proprietary knowledge to product designs, each asset needs…

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WHAT IS ASSET MANAGEMENT?

Definition by Example Most industrial companies make capital equipment purchases on a regular basis.  Much care is taken to ensure the equipment item is fit-for-purpose, competitively priced, and properly accounted…

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How Can LoRaWAN Be Used to Track Assets In O&G?
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How Can LoRaWAN Be Used to Track Assets In O&G?

Since we first formed our company, we have seen many changes in terms of developing technology. Although the evolution of technology has drastically changed (and improved) a wide range of…

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How Smart Contracts Can Help Improve Your Oil and Gas Business

Blockchain as a technology has the power to change the way business works. It offers a distributed ledger that makes transactions transparent by recording every action with regard to a…

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Why Would My Company Need Blockchain? Is it a distributed ledger or digital currency?
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Why Would My Company Need Blockchain? Is it a distributed ledger or digital currency?

Blockchain may be the newest buzzword, but that doesn’t mean it is all hype. The technology has the potential to put supply chains in the oil and gas industry on their…

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When Should I Perform a Physical Inventory Count (Stocktake)?

One question we are asked repeatedly is when should I perform a physical inventory count also known as a stocktake. There are several circumstances that call for a physical inventory…

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When Blockchain Meets Supply Chain in Oil and Gas
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When Blockchain Meets Supply Chain in Oil and Gas

Blockchain is revolutionizing the way people pay for goods and services all around the world, but it is also impacting companies. From placing a purchase order to the delivery of goods,…

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How Mobile Printing Streamlines Rig Supply Chain & Warehouse Processes

To survive and thrive, the oil and gas industry must work more efficiently than ever, especially in a low-crude price environment. To make the supply chain more streamlined, I see…

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The Top 10 Challenges When Cleaning and Converting Master Data

Dirty data is a big problem—and too many companies don't know how to handle it. According to a 2013 Gartner study, 20 percent of the information inside a database is of…

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