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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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Recognizing the Building Blocks of Innovation

Paul Hobcraft

Artificial Intelligence (AI) and Machine Learning : With the explosion of big data, AI and machine learning have become increasingly important in innovation. Lastly, we are learning to combine all these tools, techniques, frameworks and methodologies. Open Innovation 2.0 (or

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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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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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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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Applications and innovations in the Internet of Things (IoT)

hackerearth

The Industrial IoT (IIoT), also known as the industrial internet or industrie 4.0 , employs big data technologies and machine learning to exploit machine-to-machine (M2M) communication, sensor data, and automation technologies that are already in place. Industrial IoT.

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4 Emerging Technologies Impacting Today’s Digital Transformation

Acuvate

In fact, the International Data Corporation anticipates the total amount spent on digitalization globally will surpass $2.1 trillion by 2021. 2 Artificial Intelligence (AI). 4 Big Data. Today’s society generates massive amounts of data.