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Did you see the Oil & Gas and Petrochemical Market Shift and Upturn? The volume of Oil & Gas and Petrochemical engineering, procurement and construction (EPC) contracts awarded in 2018 is about to double compared with 2017 as a consequence of the market shift from the international oil companies (IOCs)
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The Independent companies of the Oil & Gas and Petrochemical market develop a new business model to award EPC contracts.
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Independent companies definition. Independent companies refer to Oil & Gas and Petrochemical operators that are neither international oil companies (IOCs) nor national oil companies (NOCs).
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Do you value chain or do you value network? Is this wording game that important? We believe it just summarizes the gap between the conventional economy and the new one leading to the 4thindustrial business model revolution. Over the last decade, we have seen the emergence of new business models
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The General Data Protection Regulation (GDPR) is the new directive adopted by the European Union to regulate data privacy between citizens and organizations. This law will come into effect the 25 May 2018 and will apply to every company processing data from EU citizens, even if the organization is not
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Blockchain is a technology allowing an ecosystem to store and share information without the supervision of a control center. In fact, it is a distributed data base where information are checked and arrange in blocks at regular time interval. Creating a « chain of blocks », these remote registers are
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Technology Readiness Level (TRL) is a methodology to estimate the maturity of a technology. Based on observations, formulations, experimentations, and running feedbacks the TRL approach is used to position the progress of a technology on a scale ranging from observed concepts (1) to validated operating systems (9).
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A Proof of Concept, or mostly referred as “PoC”, is the earliest step of development of any Use Case within digital organisation. The PoC ambition is not to overwhelm the total Use Case but to prove the efficiency of the selected solution to tackle it. The PoC targets to explore
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Digital Twin is a virtual model of a real process, object or service. The contrast between Digital & Physical Twins highlights deviations between predicted and real scenarios allowing to optimize the execution, operation and return of experience.
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Industrie 4.0 is the name of the German Futur of Manufacturing Program, launched by Angela Merkel at Hannover Fair in 2014. The objectives of this digital program are to maintain the position of the German Industry despite the competition of actors like China, and to strengthen their economy in light
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