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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. In light of this thought, let’s explore how AI/ML technologies are shaping up “digital champions” in the oil and gas space. AI Applications in the Oil and Gas Industry.

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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. dollars by the year 2027 – Statista. and ‘what should we do’.

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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

In today’s highly disruptive and digital-driven world, governments and public sector institutions at all levels are leveraging newfound opportunities to use data and emerging technologies to empower citizens and build more transparent, efficient, agile, and cost-effective services and programs. Composable Government Enterprise.

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6 Ways to Drive Sustainability in Transportation

Acuvate

GHG emissions in 2022. To push green initiatives and make the planet cleaner, safer, and more sustainable, the US Infrastructure Investment and Jobs Act (IIJA) Funding has allocated $934B towards new and smarter technological investments and programs in the transportation sector. Effective traffic flow analysis to reduce congestion.