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Recognizing the Building Blocks of Innovation

Paul Hobcraft

I think of the Gartner Hype Cycle here as we have gone through each of the stages of recognition of the application and the learning from this; we have the innovation triggers first, then a peak or inflated expectations, followed by troughs of disillusionment and finally by the slope of enlightenment, to give a new plateau of productivity.

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6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

Consequently, like every other sector, O&G is exploring the vast potential of Artificial Intelligence (AI) applications to increase productivity, boost security, enhance equipment availability, maintenance, and uptime, and enable sustainable operations. This data repository is analyzed by AI algorithms in real time.

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Extracting Actionable Insights From Data: What you need to know

Acuvate

Extracting insights from raw data and making data-driven decisions has now become pertinent to organizations around the world. In fact, businesses driven by data insights and analytics are effectively growing at an average of more than 30 percent every year , and by 2021, they are expected to take $1.8 Final words.

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Digital Transformation Use Cases in the Oil and Gas Industry

Acuvate

Leveraging AI, Big Data, IoT, and Analytics to boost data-driven decision-making. Research by Gartner suggested that oil and gas CIOs listed AI, machine learning (ML), analytics, and industrial IoT as the top game-changing technologies in 2021. Digital Transformation Journeys in the Oil and Gas Industry.

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Top 5 Digital transformation use cases for the BFSI industry

Acuvate

The advent of conversational AI and NLP in the form of chat and voice bots has empowered banks to mimic the branch experience at scale with the ability to converse in the customer’s preferred language. Digital and mobile banking building smarter customer service operations.

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5 Digital Transformation Use Cases for the Government and Public Sector

Acuvate

The 2021 CIO Survey by Gartner found that 58% of the government sector respondents wish to increase IT investments in cyber/information security, 56% in cloud services/solutions, 54% in business intelligence/data analytics, 41% in process automation, and 36% in artificial intelligence/machine learning.

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Applications and innovations in the Internet of Things (IoT)

hackerearth

The Nest Learning Thermostat , a smart thermostat, created by Nest Labs, allows users to remotely control and monitor the temperature of their homes. The device also learns the preferences of its user and adjusts itself accordingly. Smart cameras can detect the difference between robbers, visitors, and pets. Industrial IoT.