Shape Memory Alloy-coated optical fiber provides an economical, Smart, and real-time monitoring technological solution for Industry 4.0. In this work, the compositional influence of Ni-Ti-Cu coating on optical signal actuation has been studied. Morphological studies showed improvement in the grain size, surface roughness, and a better shape memory effect. Thermal characteristics revealed an increase in the phase transformation temperature of NiTiCu with higher copper content. Experimental analysis of optical fiber sensors in Mineral Oil resulted in a gradual shift in the actuation temperature range. A sensitivity of ∼52 mV/°C was recorded in the actuation window, showcasing the improved response time for copper-rich composition. A comparison of coated-uncoated optical fiber performance in oil has also been presented, and delamination studies were conducted by continuously exposing the samples to hot oil. The work can be referred for requirement-based composition selection for real-time and smart monitoring capability in the Oil industries.