Cambium Networks and Future Technologies Venture, LLC announced that a top tier Fortune 150 oil and gas producer with global operations has awarded Future Technologies a multi-year, multi-million dollar project for an integrated wireless communications infrastructure to improve oil field operational efficiency and enable digital transformation initiatives. Multiple phases of the project are already deployed, with completion planned for 2023. The integrated solution includes Cambium Networks’ end-to-end coverage for wide area networks, field networks and indoor and outdoor Wi-Fi connectivity leveraging fixed wireless microwave and millimeter wave, IoT narrowband and Ethernet switching technologies centrally managed by cnMaestro™ cloud management.
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Oil and Gas producers are not able to achieve step function efficiency improvements with communications solutions from multiple vendors. The end customer is leveraging one network for all of the following.
In today’s digital oil field, it is critical to have an effective wireless communication network – functionally and economically. Centralized communications infrastructure enables operators to find and produce new oil and gas reserves, enhance recovery in existing fields and optimize productivity of downstream assets to deliver energy.
“Incremental improvements to multiple systems are time consuming and can only get you so far. Centralized integrated communication systems deliver real value to energy providers,” said Peter Cappiello, CEO, Future Technologies Venture. “By focusing on solving centralized management of the end-to-end network, rather than integrating multiple pieces from independent providers, we reduced the total project timeline by 25%.”
The integrated solution includes proactive and deterministic network management and advanced applications to self-optimize performance of the network. Unified management enables the network operator to focus on the needs of their core business while the technology delivers the connectivity reliably and at the lowest total cost.
“Efficiency and reliability are enabling Industry 4.0 initiatives at the intelligent edge of the network,” said Atul Bhatnagar, president and CEO of Cambium Networks. “Our wireless fabric of technologies offers energy producers unprecedented flexibility in designing communication networks that provide the coverage and capacity they need for their mission-critical voice and data communication. It is a pleasure to collaborate with Future Technologies on this success.”