IoT is having a tremendous impact on all verticals including the Oil and Gas industry. According to McKinsey, IoT will have a total potential economic impact of $3.9T to $11.1T by the year 2025. Oil and Gas and mining is expected to bite out a chunk of that total with an estimated economic impact of $930B within the next 10 years. Looking at these figures, the oil and gas industry should be gliding down the path of IoT. Gliding may be a too advantageous word to use but the oil and gas industry certainly has recognized the importance and necessity of utilizing and deploying IoT Initiatives.