Gazprom Neft and Rostelecom sign a strategic partnership agreement to implement the industrial internet of things and other innovative technologies
February 08, 2017, Moscow – Rostelecom has signed a strategic partnership agreement with Gazprom Neft on the industrial internet of things (IIoT) development. The key goal of the agreement is to establish long-term and effective cooperation between the two companies to form new business models as well as to develop and implement innovative IT technologies.
The cooperation will focus on joint programmes and activities, research and projects in the IIoT space*. As part of this move, Rostelecom is currently involved in the creation of a platform which, with the help of the Company’s engineers, will be tuned to Gazprom Neft’s current and prospective business processes and industrial applications.
“The industrial internet of things is one of the most important trends today which will affect a lot of areas in the nearest future. IIoT has huge potential and will help ensure workflow efficiency and security in the oil and gas sector as well as forecast possible issues and arrange measures to address them. Rostelecom has been working with major companies to help them achieve the strategic objectives and this remains a key strand of our business development, including the agreement with Gazprom Neft.”
“The cooperation between the two companies is aimed at the creation and implementation of IIoT technologies in Russia as well as the joint development of relevant standards. IIoT is high on the agenda for all industries including the oil and gas sector and Gazprom Neft has been consistently supporting the interaction between enterprises, vendors, software suppliers, telecom operators and R&D centres to develop the IIoT market in our country”.
*Industrial Internet (Industrial Internet, Industrial Internet of Things, IIoT) is the concept of building an information communication infrastructure. It involves the connection of any non-domestic devices, equipment, gauges, sensors and automated systems to the Internet, as well as the integration of these elements together, which leads to the formation of new business models for the creation of goods and services and their delivery to customers.