https://insidebigdata.com/category/industry-segments/energy/ Your Source for AI, Data Science, Deep Learning & Machine Learning Strategies Mon, 29 Aug 2022 06:18:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 136462205 https://insidebigdata.com/2022/08/29/how-predictive-maintenance-is-cutting-back-on-costs-and-injuries-for-the-oil-and-gas-industry/ https://insidebigdata.com/2022/08/29/how-predictive-maintenance-is-cutting-back-on-costs-and-injuries-for-the-oil-and-gas-industry/#respond Mon, 29 Aug 2022 13:00:00 +0000 https://insidebigdata.com/?p=30216 In this special guest feature, Peter Bernard, CEO, Datagration, discusses how oil and gas industry predictive maintenance doesn’t just provide an economic value, it also boosts safety by anticipating unpredicted failures amongst aging infrastructure in many rigs. By applying machine learning (ML) to pumps and compressors, operators can easily detect equipment failure before it happens, greatly reducing downtime and extending the lifespan of machinery. Maintenance strategies across upstream oil and gas require a smarter approach, and ML provides the answer. ]]> https://insidebigdata.com/2022/08/29/how-predictive-maintenance-is-cutting-back-on-costs-and-injuries-for-the-oil-and-gas-industry/feed/ 0 30216 https://insidebigdata.com/2022/04/26/insidebigdata-guide-to-energy-part-2/ https://insidebigdata.com/2022/04/26/insidebigdata-guide-to-energy-part-2/#respond Tue, 26 Apr 2022 13:00:00 +0000 https://insidebigdata.com/?p=29120 This special technology guide from Dell Technologies and AMD will take a closer look at some of the biggest disruptors affecting energy companies, and also examine how big data analytics can help these firms reduce risk, drive down costs, and improve efficiency. The energy industry has always faced large price swings as a result of changes in the global economy. But today, this entire sector is facing an unprecedented level of disruption. Industry analysts say it is in the throes of a dramatic upheaval that is requiring companies in this industry to reinvent themselves.]]> https://insidebigdata.com/2022/04/26/insidebigdata-guide-to-energy-part-2/feed/ 0 29120 https://insidebigdata.com/2022/04/19/insidebigdata-guide-to-energy/ https://insidebigdata.com/2022/04/19/insidebigdata-guide-to-energy/#respond Tue, 19 Apr 2022 13:00:00 +0000 https://insidebigdata.com/?p=29067 This special technology guide from Dell Technologies and AMD will take a closer look at some of the biggest disruptors affecting energy companies, and also examine how big data analytics can help these firms reduce risk, drive down costs, and improve efficiency. The energy industry has always faced large price swings as a result of changes in the global economy. But today, this entire sector is facing an unprecedented level of disruption. Industry analysts say it is in the throes of a dramatic upheaval that is requiring companies in this industry to reinvent themselves.]]> https://insidebigdata.com/2022/04/19/insidebigdata-guide-to-energy/feed/ 0 29067 https://insidebigdata.com/2021/04/30/ai-is-not-a-magic-bullet-for-renewables/ https://insidebigdata.com/2021/04/30/ai-is-not-a-magic-bullet-for-renewables/#respond Fri, 30 Apr 2021 13:00:00 +0000 https://insidebigdata.com/?p=26105 In this special guest feature, Blair Heavey, Chief Executive Officer of WindESCo, suggests that we hear so much about how AI is the next big thing in the energy industry, but in reality, it’s really over-hyped, and is nowhere near the magic bullet that some thought it might be. Many rewewable energy companies are not meeting the expectations with AI, and there’s a lot of confusion on what it really is and what it can do.]]> https://insidebigdata.com/2021/04/30/ai-is-not-a-magic-bullet-for-renewables/feed/ 0 26105 https://insidebigdata.com/2020/10/22/data-accuracy-and-measurement-validity-hold-the-key-to-the-future-of-oil-and-gas/ https://insidebigdata.com/2020/10/22/data-accuracy-and-measurement-validity-hold-the-key-to-the-future-of-oil-and-gas/#respond Thu, 22 Oct 2020 13:00:00 +0000 https://insidebigdata.com/?p=25125 In this special guest feature, Steve Cooper, Vice President of Data Management Solutions at Quorum Software, discusses the importance of data accuracy and measurement validity as these professionals are confronted with integrating the oilfield to the back office. Over the past several years, data volume in the oil and gas industry has grown exponentially through the advancement of information technology, but the next wave of innovation in the space will require streamlining data collection, storage and measurement across multiple sources in order for these companies to stay efficient and spend and save resources where they can.]]> https://insidebigdata.com/2020/10/22/data-accuracy-and-measurement-validity-hold-the-key-to-the-future-of-oil-and-gas/feed/ 0 25125 https://insidebigdata.com/2020/07/27/how-new-hardware-can-drastically-reduce-the-power-consumption-of-artificial-intelligence/ https://insidebigdata.com/2020/07/27/how-new-hardware-can-drastically-reduce-the-power-consumption-of-artificial-intelligence/#respond Mon, 27 Jul 2020 13:00:00 +0000 https://insidebigdata.com/?p=24797 In this contributed article, Diederik Verkest, Ph.D. from imec, points out that to make predictions, AI relies on the processing of large amounts of data, a process that takes a lot of energy. Imec develops solutions to drastically reduce that energy consumption. A new chip, in which these calculations are performed directly in the memory by means of analogue technology, is a major breakthrough in this field.]]> https://insidebigdata.com/2020/07/27/how-new-hardware-can-drastically-reduce-the-power-consumption-of-artificial-intelligence/feed/ 0 24797 https://insidebigdata.com/2020/05/15/why-ai-is-the-answer-to-oil-spills/ https://insidebigdata.com/2020/05/15/why-ai-is-the-answer-to-oil-spills/#respond Fri, 15 May 2020 13:00:00 +0000 https://insidebigdata.com/?p=24401 In this contributed article, tech blogger Caleb Danziger discusses how AI may be the solution to preventing and responding to disasters like oil spills. AI can help prevent these disasters and improve responses if they do occur.]]> https://insidebigdata.com/2020/05/15/why-ai-is-the-answer-to-oil-spills/feed/ 0 24401 https://insidebigdata.com/2020/03/05/what-you-should-know-about-big-data-and-energy-consumption-in-2020/ https://insidebigdata.com/2020/03/05/what-you-should-know-about-big-data-and-energy-consumption-in-2020/#respond Thu, 05 Mar 2020 16:00:00 +0000 https://insidebigdata.com/?p=24065 In this contributed article, front end developer Gary Stevens suggests that the future of big data in the energy industry is bright. Reducing energy consumption is a win-win situation for both companies and consumers, lowering costs as well as limiting environmental impact.]]> https://insidebigdata.com/2020/03/05/what-you-should-know-about-big-data-and-energy-consumption-in-2020/feed/ 0 24065 https://insidebigdata.com/2019/10/11/big-data-and-its-role-in-the-waste-and-recycling-industry/ https://insidebigdata.com/2019/10/11/big-data-and-its-role-in-the-waste-and-recycling-industry/#comments Fri, 11 Oct 2019 15:30:49 +0000 https://insidebigdata.com/?p=23391 In this contributed article, freelance human Avery Phillips believes that the advent of big data is making the whole process of recycling and waste management much easier. In fact, big data has impacted many industrial and scientific realms in ways that benefit the environment. For example, it is regularly used to help scientists and land managers gain a better understanding of our changing environment and ways to combat climate change. ]]> https://insidebigdata.com/2019/10/11/big-data-and-its-role-in-the-waste-and-recycling-industry/feed/ 3 23391 https://insidebigdata.com/2019/08/17/optimizing-fuel-pricing-in-a-convenience-retail-environment-with-ai-and-machine-learning/ https://insidebigdata.com/2019/08/17/optimizing-fuel-pricing-in-a-convenience-retail-environment-with-ai-and-machine-learning/#respond Sat, 17 Aug 2019 15:00:16 +0000 https://insidebigdata.com/?p=23115 In this special guest feature, Niels Skov, SVP, PDI Fuel Pricing Solutions, outlines how fuel pricing is a complex business for convenience retailers. Using advanced digital capabilities like AI and machine learning to get fuel pricing right can have a significant business impact far beyond an operator’s raw margins on gasoline or diesel. ]]> https://insidebigdata.com/2019/08/17/optimizing-fuel-pricing-in-a-convenience-retail-environment-with-ai-and-machine-learning/feed/ 0 23115