ITRS provides real-time monitoring & analytics software to help oil + gas operators simplify their information processes, giving them real-time actionable insights into their operations. ITRS' technology creates operational resilience for oil + gas companies in highly demanding IT environments. Today, the risks of technological outages have been drastically underestimated industry-wide, causing serious financial pain. Glitches can result in financial losses in the millions, mass client exodus and significant brand reputational damage. ITRS' real-time application performance monitoring tools help oil + gas companies manage the increasingly complex interdependencies between their infrastructure, their applications and their business services.

Remote monitoring of drilling operations can help operators and regulators enhance the safety of these operations. Remote real-time monitoring improves management of the safety and environmental risks of onshore and offshore oil and gas operations. Drillers have monitored drilling operations offshore in real time for decades; more recently, a few operators have also transmitted some of these data onshore to improve efficiency and risk management. Remote real-time monitoring's benefits include increased efficiency, decreased downtime and operational disruptions, reduced equipment damage, improved safety, and overall reduction in risk. Remote real-time monitoring information could also help with inspection activities and support inspectors’ review of safety-related information before they visit onshore or offshore facilities.

As sensor technology advances and the ability to transmit that data improves, issues with regard to the management of massive volumes of real-time data will grow. With mass adoption of IoT right around the corner, the amount of data generated is set to grow exponentially. Cybersecurity risks associated with the increased use of technology will also rise. Control systems for critical rig-based equipment, not originally designed for connectivity to Internet-facing systems, are likely be at risk.

ITRS' Oil + Gas solution can help in the following ways: