3D Modeling, 3D Visualization, and 3D Data Capture Market: Oil & Gas Industry Vies to Reap Benefit from Augmented Reality, Virtual Reality
The operational gains have offered an extra incentive, saving millions from operating costs. Upstream oil and gas companies have been slow to seize the opportunity, despite the deluge of digital advancements. As such, the oil and gas industry is taking cue from digitally capital-intensive industries influencing a robust change in their physical assets and capital models. Moreover, the oil and gas industry, which is grappling with plunging oil prices, embracing digitization could weather the downturn the O&G industry is vulnerable...
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