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6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

According to research, the global artificial intelligence in the O&G sector will be worth $3,669.8Mn by 2027 , growing at a CAGR of 10.81% between 2022 and 2027. This data repository is analyzed by AI algorithms in real time. AI, machine learning (ML), analytics, and industrial IoT were the top game-changing technologies in 2021.

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Key Essentials of Modern Business Intelligence

Acuvate

The Growing Importance of Data. The global big data market is forecasted to grow to about 103 billion U.S. Data continuously flows from a plethora of internal and external channels including computer systems, networks, social media, mobile phones etc. In 2022, the modern BI market will exceed $6.25

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The characteristics of data-driven business model development and how to succeed

The BMI Lab Blog

In our recently published book chapter Besonderheiten datenbasierter Geschäftsmodellentwicklung in the book Datenwirtschaft und Datentechnologie - wie aus Daten Wert entsteht (Springer, 2022) , we go into more detail on this topic. This new data management system reduced the error tolerance to zero. [2]

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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. Composable Government Enterprise.

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6 Ways to Drive Sustainability in Transportation

Acuvate

GHG emissions in 2022. Intelligent technology solutions like machine learning, deep learning, AI, and IoT have shaped smart cities, driving innovation and sustainability in transportation to lessen air and noise pollution, reduce traffic congestion, and increase passenger safety. US traffic deaths hit a 20-year high in 2022.