Remove 2027 Remove Artificial Inteligence Remove Big Data Remove Government
article thumbnail

6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

Demand evolution, regulatory concerns, supply diversification, rapidly growing infrastructure and resulting frequent asset downtimes, siloed operations, and environmental, social, and governance (ESG) risks continue to plague the industry with difficult-to-conquer obstacles. This data repository is analyzed by AI algorithms in real time.

article thumbnail

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. dollars by the year 2027 – Statista. Data continuously flows from a plethora of internal and external channels including computer systems, networks, social media, mobile phones etc. Advanced Analytics.