How to optimize Industrial Safety and Risk Management
The International Association of Oil and Gas Producers reported a 36% increase in offshore fatalities from 2020 to 2021. This concerning rise underscores the inherent safety challenges of the industry. Certainly, this sector is subjected to safety threats due to the complex processes and hazardous environments in which it operates. For this reason, high-complexity facilities such as oil and gas need to target safety and risk assessments as fundamental pieces of operational management. But what are the main concerns of the oil and gas industry regarding risk management? Concerns regarding risk management in the O&G Industry [...]
Digital Fabric Maintenance Solution takes home 2 international awards
November 6th, 2023. Vidya Technology has won 2 prizes at the Society of Petroleum ATCE Energy Competition and is indicated as a finalist at the Corrosion Innovation Award, from AMPP. In the Oil, Gas, and Energy sector, innovation and technology are crucial for addressing industrial challenges, such as operational costs, integrity management, and process safety. In that way, conferences, events, and award ceremonies are vital in securing the industry’s long-term sustainability while emphasizing its global commitment to progress and innovation. When recognized as a finalist in these prestigious competitions, it not only highlights the team’s technical expertise but also underscores [...]
Why AI is becoming a consolidated reality
Intro Artificial intelligence (AI) is a rapidly evolving field with the potential to transform many aspects of our lives. It is already having a significant impact on the job market, creating new jobs and transforming existing ones. Besides that, AI is democratizing innovation, helping people to be more productive and creative. This is leading to a wave of innovation from startups and individuals. However, in order to comprehend AI’s scope, it’s important to consider the fundamental aspects that led to AI’s meteoric rise. AI’s boom Throughout history, society always had the need for technological innovations. Although the [...]
