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Top 3 asset management capabilities for oil and gas

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Checklist The oil and gas industry continues to increase its use of analytics and digital data to meet evolving market conditions. Optimizing asset performance and return on assets and capital is essential to maximizing profits and competitive position. When evaluating their current and future asset management technology needs, oil and gas companies should look for the following capabilities as a starting point to make sure their enterprise asset management (EAM) platform is best positioned to meet their needs: Top 3 asset management capabilities for oil and gas 1. Facilitate interoperability between engineering, construction, and operations/maintenance Graphically visualize your management-of- change in your field operations Enable predictive and prescriptive maintenance to minimize environmental risk Adapt to rapidly evolving regulations Support impact analysis and planning for compliance strategies Provide solution architecture to support planning, control of work, sensor, and autonomous technologies 2. Leverage embedded digital work capabilities Provide full access and capabilities via handheld devices to optimize technician time Personalize digital work versus third-party Ensure handheld support for remote sensors and ID technology for real-time information capture and retrieval

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