IFS , the global enterprise applications company, and global IoT technology company The Marsden Group have signed a strategic partnership to jointly pursue opportunities in the oil and gas industry.

The Marsden Group is a global technology company specialized in developing advanced analytics in support of IoT solutions for the upstream oil and gas market. From its offices in the United States, Europe, and Australia, the company serves some of the largest companies in the oil and gas sector.

The combination of the IFS IoT Business Connector and The Marsden Group’s platform for IoT data discovery, machine learning and advanced analytics, oil and gas companies are able to monitor, capture, and analyze relevant IoT data, enabling timely action and optimized decision making in critical areas such as maintenance and supply chain management.

“We are excited to announce our partnership with The Marsden Group, which is a highly visible and well-respected brand in the oil and gas sector,” IFS Global Industry Director for Oil and Gas, Hege Wroldsen said. “The Marsden Group brings long and deep industry experience, which is evident in the comprehensive nature of its IoT offering. Together, we will be able to offer a solution that de-risks and accelerates IoT initiatives.”

The Marsden Group President, Andrew J. Pratt said, “By working together, we will be able to bring to market a comprehensive solution based on industry best practices. This means empowering customers with the right data at the right time in order to trigger the right action. For the asset-intensive oil and gas sector, IoT brings invaluable benefits in areas such as predictive maintenance and supply chain management. We look forward to a long and mutually beneficial partnership with IFS.”

More information about how IFS supports companies in the oil and gas industry can be found here:www.ifsworld.com/corp/industries/oilfield-service-software/ .

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