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Technological and digital trends are transforming the oil and gas industry. Main players commonly choose operational technologies (OTs) to carry out the automation of their oil and gas processes; however, newer technologies, such as AI, IoT, and robotics are starting to gain more relevance in the industry. Oil and gas companies have adopted automat...

The oil and gas (O&G) sector is experiencing a significant technological and digital transformation. Companies are shifting their focus from traditional operational technologies (OTs) used for automating O&G processes to newer, more advanced technologies, including AI, IoT, and robotics.O&G companies have significantly increased their adoption of a...

18 Sep 2018  |  Global  |  Market Research

Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018

Technology Convergence of AI with IoT, Cloud, and Big Data will Open Up Numerous Application Opportunities in the Energy Sector

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Artificial Intelligence (AI) is one of the biggest technological trends transforming every business sector across the world. With advances in computer technology, AI has scaled new heights in utility and application, exceeding all initial expectations. By leveraging advanced machine learning (ML) and deep learning (DL) algorithms, and advanced neur...

The Asia-Pacific uninterruptible power supplies (UPS) systems market, currently in the growth stage, is expected to grow at a single digit CAGR between 2015 and 2021. The market is expected to reach just under $2.00 billion by 2021. The growing prominence of cloud computing and data centers is driving the UPS system market. Its demand will also be ...

As decarbonization strategies gather pace across industries, emissions management is emerging as a key growth opportunity because companies like to minimize their emissions impact. Frost & Sullivan has identified a complex and dynamic value chain and a set of process steps where opportunities abound: planning and advisory, measuring and monitoring,...

The meter data management (MDM) market is emerging as a critical component of modern utility operations, driven by the rapid deployment of smart meters, increasing grid digitalization, and the growing need for accurate, real-time energy data. MDM solutions enable utilities to collect, validate, store, analyze, and manage vast volumes of meter data ...

Drawing on recent internal strategic imperative analyses of the data centre sector, the industry is entering a period of unprecedented growth, driven by the convergence of AI, energy constraints, and digital infrastructure expansion. Key growth opportunities are emerging as operators transition from traditional facility-focused models toward AI-rea...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on drone based gas leak detection systems, pulse injection systems for enhanced oil recovery, offshore decommissioning technology using Machine Learning tools, enhanced wellbore placement, artificial lift solutions, pipeline integrity monitoring, bulk petroleu...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on novel innovative CO2 EOR technology for maximizing oil production and reducing carbon footprint. The TOE also covers the innovations in advanced fluid catalytic cracking (FCC) technology to optimize fuel production and enhance yield. The TOE focuses on stea...