Publisher's Note

Welcome to edition 51 of Machinery Lubrication India! A very challenging year has finally ended. This year there is a sigh of relief as the world recovers and adapts to the new normal.

Digital transformation is emerging as a driver of extensive change in the world around us. Connectivity has shown the potential to empower millions of people while providing businesses with supreme opportunities for value creation. Since the industrial revolution, the Oil & Gas industry has played a crucial role in the economic transformation of the world, fuelling the need for heat, light and mobility of the world’s population. Today the Oil and Gas industry has the opportunity to redefine its boundaries through digitalization. After a period of falling crude prices and, frequent budget and schedule overruns, together with greater demands of climate change accountability and difficulties in attracting talent, the Oil & Gas industry can provide practical solutions.

While digitalization could be a source of positive change, there are a number of challenges that need to be overcome to realize its full potential for both business and society. In some cases, the gains from digitalization have been inequitable with the benefits of not reaching those who need it most. At the same time, the exponential increase in global information flows has created new risks around data privacy and security.

The Oil and Gas industry is no stranger to big data, technology and digital innovation. This edition’s cover story focuses on Monitoring Lubricants in the Digital Era. Big data analytics, deep machine learning, artificial intelligence and the rise of the algorithm are driving the newest industrial revolution. Read our cover story to identify how the lubricant monitoring industry has started to change this paradigm as well as speculate where the industry is going and the potential it has to fully embrace Industry 4.0 and the digital revolution.

We would like to thank our readers for the great response to our previous edition’s cover story – “50 Lubrication Best Practices You Should Be Using Now” and other articles.

We are giving an opportunity to your company to get featured in our 'Buyer's Guide' for free. Buyer’s Guide is a comprehensive directory of companies who offer products and services within the domain of lubricants, lubrication, oil analysis and reliability.

As always, we look forward to your valuable suggestions and feedback. Enjoy the read!!

Warm regards,

Udey Dhir