The importance of the Oil & Gas industry is not hidden from anyone as the human race is highly dependent on this particular industry just like the agricultural industry. As per the estimates by IEA, International Energy Agency, demand for oil is nowhere expected to decline in the near future even when the world embarks on a low carbon pathway to help meet climate change commitments. Usage of petroleum and gas is not just limited to fuel in cars and for generating electricity. For instance, oil is not only required as fuel in cars, but it’s leveraged in the manufacturing of car seats, tires, and bumpers. Oil and gas are basically required in more or less every sector one can think of, furniture, clothing, medicine, electronics, fuels, vehicles, construction, beauty, household, and likewise. Therefore, one can understand the impact the oil and gas industry has on the mass population of the world. Oil is one of the most important raw materials in existence, it’s not just used in manufacturing hundreds of things, more importantly, the same is responsible for creating millions of jobs worldwide.

Despite the fact that this industry is a gigantic and booming one, it additionally has a great deal of danger engaged with it!

The Oil and Gas industry has to comply with a number of government laws and regulations that vary in different states and governments. Coming up short on the various upheld guidelines can have huge consequences for the companies in the said industry. The failure of noncompliance can go from cost overruns, fines, prosecution, work stoppage and physical security threats. This industry should likewise be careful about where they are drilling and be very much educated and mindful of the laws that can have an impact. The companies also have to take into consideration the environmental factors of the areas before they plan on starting with the project. Since it’s illogical to waste all the time and resources to find out the place to be illegal for the project.

Furthermore, human error is the biggest risk which is the reason behind 70% of accidents in the oil and gas industry. Human error is an act that leads to a crisis circumstance, causes loss of lives, harms property and climate, creates a disruption in the entire workplace. We very well know how a small mistake can even cause explosions and blasts putting millions of lives at risk, causing terrible damage to the environment, damaging companies’ reputation, and creating huge losses as well.

Therefore, to create a sense of alertness in the employees and for safety reasons, it becomes highly essential to ensure the safety of various employees across the organization (right from the people working in the back office, in the fields, with pipelines, truck drivers carrying oil and the vendors) to undergo a thorough id verification check. This id verification if done manually would take weeks and months to complete and will have significant room for human error as well. Also, it’s impossible to maintain such a humongous database in physical registers. Therefore, having an automated id verification solution in the Oil & Gas industry is a must.

At AZYO, we combined our cybersecurity expertise, technical skills, and data analytics experience to build the #1 Rated Automated Verification Solution. With a solid team of PhDs, Scientists and Researchers, we have successfully achieved to completely automate complex verification processes. Not only a smooth, robust, and user-friendly platform, but a developer-friendly interface is developed for the businesses to easily integrate AZYO’s solution to either homegrown or any 3rd party applications. AZYO leverages the power of AI and ML for a seamless verification experience.

AZYO’s innovative plus cost-effective solution is highly efficient and effective in today’s digital world.