As an adjective 'cutting edge' refers to something that is the newest, most advanced of its kind.
Cutting-edge technology refers to technological devices, techniques or achievements that employ the most current and high-level developments, most advanced version of a product or service.; in other words, technology at the frontiers of knowledge.
The phrase cutting edge has a positive connotation and can be contrasted with the phrase bleeding edge, which has a negative connotation. Bleeding edge implies that a product or service is so new that its adoption could be harmful.
Petroleum companies are using digital technologies like edge analytics for oil and gas equipment monitoring and management to cut costs and enhance productivity.
Cutting-edge methodologies, based on achievements in basic science, are helping companies cut operating costs and increase efficiency in oil & gas production. This is particularly important in developing mature fields, where projects’ financial viability is directly dependent on the right technologie
As the oil and gas industry continues to digitize and utilize technology to improve operational and resource efficiency there is a fast-growing market at the cutting edge of innovation.