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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. Smart asset management using Digital Twins. What is a Digital Twin?

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Choosing your direction of travel

Paul Hobcraft

Yet, lying within the walls of these large Pharmaceutical and Chemical companies is such a rich dataset that stays behind their ‘closed’ walls. The project and portfolio management, the life-cycle management, integrating the supply chain, quality assurance and corporate sustainability all are work-in-progress.

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Why digital transformation will drive business model innovation

Jeffrey Phillips

As this movement gains steam, and autonomous vehicles gain traction, it's increasingly likely that individuals don't acquire cars, they pay for transportation or miles traveled. While this is a radical departure from GM's model today it is not that alarmist. And this is just for the car companies.

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Learning a new innovation language

Paul Hobcraft

It can be related to your travel to make it less complicated, more integrated in design so when you undertake a journey you have a collective knowledge of where you are going, the way you are travelling; in purchases of the travel tickets, hotel choice, and suggestions of where to eat and visit on your trip.

Learning 189
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The Digital Bank – How to make Business Models fit for the Future

ITONICS

Unfortunately, the times when a solid business model worked for decades are over – not only in the banking sector but also for rental car businesses, travel agencies, wholesale and retail operators, basically everywhere. If these core competencies are combined with a sustainable innovation management, such banks are on the right track.

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Nick Fury: understand exploratory analysis

mjvinnovation

As we have seen, we are in the exponential curve of Big Data. Because of this, it is very important that we have methods to validate hypotheses and, more importantly, techniques so that we can see all this data clearly. Supports the discovery of new points of view under the data. The future of Big Data is automation.

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Insurtech: what it is, examples and how to seize opportunities

mjvinnovation

Quite in line with what we already know from the Digital Transformation concept, the Insurtech phenomenon is grounded by Big Data, Artificial Intelligence (AI) and the Internet of Things (IoT) – most of the capital invested goes into these areas. Minuto Seguros.