Financial News

ZEDEDA Enables Efficient and Sustainable Operations for Oil and Gas Companies with Edge Computing Solutions

  • Insights pulled from oil rigs, wells and refineries can save millions of dollars by reducing equipment failure while improving operational performance and ensuring worker safety
  • The company’s industry experience includes a combined solution for Connected Oilfield Systems to help streamline and reduce costs
  • VP of Business Development Michael Maxey to speak on a panel at the Data Driven Oil & Gas USA 2023 Conference covering the latest developments in AI, IoT, automation and robotics

As oil and gas prices remain volatile, companies are looking to companies like ZEDEDA, the leader in edge infrastructure orchestration, to leverage the power of data and increased automation to optimize operations and gain a competitive advantage.

Pulling timely actionable insights from edge environments like oil rigs, wells and refineries can save millions of dollars by reducing equipment failure and safety issues and maintaining regulatory compliance. These environments, however, can be very remote and may have limited on-site staff, so addressing these challenges requires tools designed to simplify managing and securing edge infrastructure.

ZEDEDA has been a key partner in helping innovative oil and gas operators accelerate their digital transformation and increase their ability to remotely manage connected operations. Working with Advantech and Arrow Electronics, the company produced a new, combined solution for Connected Oilfield Systems to help streamline and reduce costs in oil and gas field operations.

Even though executives recognize digitization as the key to unlocking the gains they seek, deploying those technologies at scale remains elusive. Research from McKinsey showed that while almost every company has begun running digitization projects, 70% have not moved beyond the pilot phase.

ZEDEDA Joins Innovation Panel at Data Driven Oil & Gas USA 2023 Conference

ZEDEDA’s VP of Business Development, Michael Maxey, will present at the Data Driven Oil & Gas USA 2023 Conference on Tuesday, June 20 at 2:50 pm CT. Maxey will be part of the “Cutting Edge — Latest Innovative Technology” panel, along with Jim Sage, IT Manager – Emerging Technologies & Solution Architecture at Oxy; Scott Parent, VP Field Technology at ANSYS; Prabu Parthasarathy, Global VP Partner Success at Cognite and Joe Perino, President & CEO at PERTEX.

The discussion will look at how technological advances are making data-driven operating models a reality for oil and gas companies as they look to digitize their businesses. Because their equipment is often in remote, unstaffed locations, companies need real-time visibility into their assets and data to operate effectively.

“There’s so much opportunity for the oil and gas industry to innovate with edge AI and IoT solutions,” said Maxey. “Deploying edge computing platforms can help organizations become more efficient, keep people safe and achieve a greener future.”

For more information about ZEDEDA’s oil and gas solutions, please visit https://zededa.com/solutions/industries/.

About ZEDEDA

ZEDEDA makes edge computing effortless, open, and intrinsically secure — extending the cloud experience to the edge. ZEDEDA reduces the cost of managing and orchestrating distributed edge infrastructure and applications while increasing visibility, security and control. ZEDEDA delivers a distributed, cloud-native edge management and orchestration solution, simplifying the security and remote management of edge infrastructure and applications at scale.

ZEDEDA ensures extensibility and flexibility by utilizing an open partner ecosystem with a robust app marketplace and leveraging an open architecture from the Linux Foundation. ZEDEDA delivers instant time to value, has thousands of nodes under management and is backed by world-class investors with teams in the United States, Germany and India. For more information, visit www.ZEDEDA.com.

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