Noticed lately how your smartphone does everything for you? That happened in just seven short years. That's the power of technology disruption.
Well, it's happening to the oil industry too.
Oil is all about technology these days.
The whole fracking revolution came about because of a huge technology leap. This is why the rest of the world is playing catch-up to the US oil and gas industry.
And now check out this article in OilPrice.com last week:
In 2015, oil field, drilling and information technology have combined to create a perfect storm of capability and agility that will allow American oil markets to respond with a speed typically only seen in the digital realm.
So the US oil industry is moving fast. That's a big change from a decade ago.
We're experiencing that ourselves, with a constant stream of visitors to our full-scale Bakersfield pilot site (video).
The Internet of Industrial Things: the Next Big Thing.
You see, the US shale industry is part of this huge revolution, the Internet of Everything.
Take a look at this chart. This is how technology is transforming... well, everything.
This is your answer to problems of scarcity, pollution, water, even climate change.
Machines that "think"
Have you noticed lately how there are fewer parking lot attendants? Swipe your credit card at the exit. That's automation at every level, and it's sweeping.
Here's how it's happening in the world:
...more machines are being outfitted with sensors that connect to the cloud, enabling communications with other machines and their operators in real time.
How Internet of Things Will Change Industry
That's true of our own Electro Water Separation™ systems, which are increasingly intelligent, self-adaptive and connected.
That's the kind of thing that is transforming the oil and gas industry, and Everything.
And that is what makes what we do so exciting.
Have a great week!
Riggs and Team
President & CEO
OriginOil, Inc. (OOIL)