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Is Technology Revolutionizing the Gas Industry? Is Technology Revolutionizing the Gas Industry?

Is Technology Revolutionizing the Gas Industry? - PDF document

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Uploaded On 2020-11-19

Is Technology Revolutionizing the Gas Industry? - PPT Presentation

Tech advancements have revolutionized various sectors and while the gas industry hasnt been on the frontline it has experienced its fair share of changes The industry has lagged but recently significant changes have made it clear that it will no longer stand aside while others continue to rea ID: 817229

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Is Technology Revolutionizing The Gas Industry? Tech advancements have revolutionized various sectors, and while the gas industry hasn't been on the frontline, it has experienced its fair share of changes. The industry has lagged, but recently, significant changes have made it clear that it will no longer stand aside while others continue to reap the benefits the advancements continue to contribute. It can be argued that the intricate challenges have been the considerable elements holding down the advancements, but that is no longer the case. With more tech advancements such as machine learning driving more cutting-edge developments, including artificial intelligence and robotics, the gas industry has significantly been revolutionized. From exploration, production, refining, marketing, and reaching the consumer, the advancements have revolutionized various faculties, delivering a range of benefits. While the advancements such as automation have improved the industry's efficiency, among the primary winners are the consumers. Here are some of the benefits consumers enjoy owing to the tech advancements. Time-saving How annoyed are you when you realize, after getting home, that you need to refuel? A five or ten-minute period spent at the gas station might not always be annoying, but it can be frustrating when you are in a rush. With tech advancements, you no longer have to deal with such exasperations. For instance, you can sign up for reliable and reputable gas services such as Fuel It, schedule routine refueling, ensuring that you never spend a minute refueling at the gas station. This gets the frustrations out of the way while saving considerable time. The time-saving concept is a lot more practical as a manager running a fleet. With the app on your mobile device, you can comfortably manage the fueling bit, ensuring that your fleet gets the gas whenever needed without relying on employees who can, at times, be sordid. Operational efficiency owing to technology is among the top highlights that consumers enjoy a milestone that stresses the continued implementation of the advancements. Affordability With automation, enhanced efficiency, and streamlined operation that facilitates reach even to the most remote areas, the gas industry has seen production costs reduction. This makes it a lot more affordable, a benefit that consumers enjoy. Gas prices are volatile, but with the advancements, the prices aren't hiking as it was decades ago. Better transport and tracking, fewer errors leading to significant leaks, and quality standards lessening fuel adulteration chances, to mention a few points benefiting from the advancements, continues to offer the consumers quality products at affordable rates. With the introduction of robotics and automated processes, tech has lessened risks. Such measures can be deployed where human lives were once risked. The automation also leads to lesser errors, as humans are prone to mistakes due to various concerns such as fatigue or emotional imbalance. Accountability, streamlined operations, safety, and cost-effectiveness are among the primary highlights showcasing how technology has revolutionized the gas industry. While the gas companies are the apparent winners, consumers also reap the benefits in a range of ways, continuing to prove that the advancements have barely scratched the potential the industry has to offer.