15 Remarkable AI Applications in Oil and Gas Industry
Introduction The oil and gas industry faces mounting challenges - from fluctuating demand and supply concerns to infrastructure pressures and environmental responsibilities. As the sector strives to balance profitability with sustainability, companies are looking to harness the power of artificial intelligence (AI) to drive transformation. AI has opened up new capabilities across the value chain, enabling improved asset utilization, enhanced decision-making, connected operations and workforce safety. With the ability to optimize the present based on the past and predict future outcomes, AI holds immense potential. According to estimates, the global AI applications in oil and gas industry will reach $3.7 [...]
SAP’s Transformational Digital Oil and Gas Solutions
Hey there, Are you facing complexities in scheduling maintenance activities and monitoring equipment health without digital tools? Do you find it difficult to ensure the timely delivery of equipment to remote sites without digital logistics platforms? Does your outdated manual process create challenges in collaboration and communication among stakeholders in the oil and gas industry? I think you are questioning yourself about your current landscape. No worries, I have a future-ready Digital Oil and Gas Solutions. The “SAP” digital solution is an innovative system that has the potential to completely transform your oil and gas business. Positioned as a transformative digital solution [...]
Top 12 Oil and Gas Industry Technology Trends in 2024
Introduction The oil and gas industry are a testing ground for innovative technological developments that will impact the future of energy extraction and production in an era characterized by constant innovation. This evolution's pivot point has been digitalization, which has turned conventional methods into extremely effective, data-driven procedures. This blog aims to provide information on Oil and Gas industry technology trends that provide real-time insights for maintenance and monitoring by navigating the interconnected web of Internet of Things devices and communicating with them seamlessly across oilfields. What are the top 12 Oil and Gas Industry Technology Trends? As we enter [...]
