RAGSOL offers a novel approach for oil field digitalization from an operator perspective in view of big data and industry 4.0. The objective is to organize a smart technology change to state-of-the-art conditions in mature brown-fields under the circumstances of a low oil prize scenario, minor hydrocarbon production rates, high water cuts and the availability of a certain percentage of a well’s turnover for digitalization and monitoring purpose, as demand from the company’s management.