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Friday, September 14, 2018 10:24:05 AM
Re Chevron working with Microsoft....This sounds like it is very similar to the regular Inter of Things devices commonly used in the home. The product MMTIF has developed for Chevron is in the Industrial Internet of things category. It is very much more sophisticated and much higher value. Both will use the vast advantages of the cloud to obtain maximum benefit in cost reductions and labor savings.
However it is very good to know Chevron has committed to spending $5 billion to improve their Maintenance of equipment. They can buy the MMTIF unit and still have $4.5 billion left for this effort. JMO!!!
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