Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Technology Convergence of AI with IoT, Cloud, and Big Data will Open Up Numerous Application Opportunities in the Energy Sector
save 10 %
* Required Fields
Pay by invoice
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 neural networks (ANN), AI can handle terabytes of structured, semi-structured, and unstructured data from disparate sources and identify patterns, as well as make predictions and recommendations based on its understanding of the data. This intelligence is being harnessed to develop innumerable smart applications that can efficiently take critical decisions autonomously and accurately, without human intervention.Currently, the global energy market is undergoing a massive shift with the emergence of decarbonisation, decentralisation, and new technologies. Utilities, independent power producers (IPPs), and other energy companies are exploring effective ways to manage the imbalance in demand and supply caused by the growing use of unpredictable renewable energy source (RES) in power generation. Therefore, utilities, energy companies, and grid operators are exploring ways to employ AI technologies to improve the accessibility and efficiency of renewable energy technologies. Despite its nascence, AI possesses tremendous potential to transform the energy & utilities sector. In combination with other technologies like Big Data and IoT, it can aid the active management of electricity grids by balancing demand and supply.This market insight provides a detailed analysis of the current and future applications of AI in the energy & utilities sector, across the entire energy industry value chain.The study includes the following:• Technology trends, which includes AI, its evolution, and the different disciplines in which it is being used• Industry trends, which includes the application of AI across different business verticals, with use cases• Geographical adoption and key companies that dominate the global AI market• The applications of AI across the three main application segments of renewables management, demand management, and infrastructure anagementThe case studies provide an overview of the current challenges in certain areas of the industry and showcase the ways in which AI can be a better solution than manual methods.
North American Generator Set Market, Forecast to 2023
ASEAN Renewable Energy Market, Forecast to 2023
Technology Advancements in Metals Enhancing Energy Generation
Technology Innovations in the Global Wind Energy Market, 2030
Americas Solar Power Market, Forecast to 2022
Global Nuclear Power Market, Forecast to 2030
Global Renewable Energy Outlook, 2018
IPP, Licensing and Market Reforms in Sub-Saharan Africa’s Energy Landscape, 2018
Global Transformers Market, Forecast to 2022
Electricity Industry Profiles—Czech Republic
aerospace industry outlook
cloud security market
commercial lighting market
packaged food industry
electric car market
cyber security market
solar energy market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.