One of the biggest constraints for onshore productivity in oil and gas is pipeline corrosion, estimated to cost £1.5tn globally. Now, the application of digital sensors is helping to significantly reduce the cost of monitoring the deterioration of metal, and the risk of catastrophic and costly failures.
In a world where appliances last ten years and we replace our phones every two, it’s unusual to run into a company that produces components to last more than a quarter century. And with no maintenance required!
The Fourth Industrial Revolution, Industry 4.0 and 4IR are terms that are becoming commonplace in manufacturing. Now that these terms are accepted, a new wave of technical turns of phrase have been born.
Smart technologies are becoming increasingly ubiquitous in our day to day lives. From smartphones to smart homes, the dramatic increase in power and sophistication of technology is opening up new technological frontiers and promising endless possibilities for the development of many different industries, particularly manufacturing.