Cloud Computing, Coming to an Oil and Gas Company Near You

Grazed from Cisco.  Author: Editorial Staff.

For many in the Oil and Gas industry cloud computing might seem like a confusing IT buzzword with very little substance. Trying to wade through the complexities of all its offshoots (public, private, on-premise cloud) without understanding the base concept probably just makes things worse. So is this just technology for technology’s sake or are there some real benefits to cloud computing for Oil and Gas?  The answer is unequivocally yes. Cloud computing will significantly change the way the Oil and Gas industry will use IT, and, in fact, the change is already underway.

Not so new after all

The term cloud computing can be a bit vague but if you instead think of it in terms of the function it actually performs, it becomes straightforward. If cloud computing was called “Hosted Application Services” it might not be so confusing!…

It’s easy to appreciate the skepticism of many who don’t understand the value of cloud for Oil and Gas. In the past, new IT paradigms haven’t always lived up to their hype, and many were simply not applicable to the unique challenges of the Oil and Gas industry. Cloud computing is different because it shares many of the characteristics of other technologies that have delivered new value to the industry, such as: reducing operational costs, reducing non-productive time (NPT), and reducing business risk and uncertainty…

Read more from the source @ http://canadablog.cisco.com/2014/11/19/cloud-computing-coming-to-an-oil-and-gas-company-near-you/