• August 23, 2014
  • Mark LaCour
  • 0

Learn about the huge opportunity that technology companies have in selling their product or service to the oil and gas industry. Here’s the free SSR report trends-and-challenges-oil-and-gas-industry

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Hey, folks. Let’s learn something new about the oil and gas industry.


Okay. Today, we’re going to talk about a huge opportunity and that opportunity is intersection of technology in the oil and gas industry.

Now, for a long time the oil and gas industry was shall we say a little bit slow in adapting new technology, but boy, has all that change. If you’re a software, hardware, or any type of technology company, you damn well better be looking at oil and gas because there’s millions and millions and millions of dollars to be made. And it’s being driven by a couple of things, right?

First thing it’ being driven by is the new unconventional resources. Think fracking, right? You got to be light, nimble, and there’s new technologies. Next thing is things like the digital oilfield, field instrumentation being done remotely with an array of sensors that didn’t exist a few years ago. And there was all this sensor data, you have big data issues you have to worry about, right? And then, there are things like workflow and changing workforce, The Great Crew Change, all that means that there’s a need for bigger and stronger and newer technology.

And then, with all the rules and regulations environmental concerns, reliability is important. Once again, where is that intersect? Technology. And then, think about the supply chain. The supply chain is enormous in driving operational efficiencies in a global supply chain crosses the intersection of technology.

So for the biggest baddest demand for technology, you got to be looking at the oil and gas industry. It’s crazy. I mean, I know there’s hundreds and hundreds and hundreds of companies that are entering the oil and gas market because they are oil and gas focused. So, if you’re a technology company, your ass better be looking at the oil and gas industry.

We’re going to actually put a couple things up here. So first thing, we’ll give you a free SSR Report talking about the new needs in oil and gas for technology. And then, we also, we never ask our audience to do anything, but we’re going to ask you to do something for us. If you’re not already signed up, will you please go sign up for our blog, so post like this are might get pushed up to your inbox. And then also, if you could sign up for our newsletter if you have an interest in oil and gas events. Once a month we send out a newsletter just showcasing all the oil and gas events that are going on.

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So, hopefully all this helped. We will see you next time.