Digital Twins in the Oil & Gas Industry
Acuvate
DECEMBER 21, 2022
This is made possible with smart sensors and data transmitters that are connected to an Internet of Things (IoT) platform. billion by 2027, at a CAGR of 60.6% between 2022 and 2027. According to research, 63% of oil field assets are past the halfway point of their expected lifetimes. billion in 2022 to USD 73.5
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