Remove environment oil
article thumbnail

10 ways the oil and gas industry can leverage digital twin technology

IBM Journey to AI blog

The oil and gas industries have been the backbone of the global economy for decades. Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime.

article thumbnail

Six EAM trends pushing the oil and gas industries forward

IBM Journey to AI blog

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9%

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Power of Big Data and Analytics in Digital Signage

Smart Data Collective

It’s time to dig deeper into the nexus of Big Data, Analytics, and Kitcast Digital Signage , the new frontier of business intelligence that’s transforming our interaction with the commercial environment, one digital billboard at a time. This is more than just an HD screen displaying a PowerPoint slideshow.

Big Data 112
article thumbnail

Mixtral-8x7B is now available in Amazon SageMaker JumpStart

AWS Machine Learning Blog

ML practitioners can deploy foundation models to dedicated Amazon SageMaker instances within a network isolated environment, and customize models using SageMaker for model training and deployment. The model is deployed in an AWS secure environment and under your VPC controls, helping ensure data security.

article thumbnail

Private cloud use cases: 6 ways private cloud brings value to enterprise business

IBM Journey to AI blog

Enterprise organizations in industries that need to meet strict regulatory compliance standards or comply with data sovereignty laws (manufacturing, energy, oil and gas) frequently choose private cloud environments when they need to meet strict regulatory standards. All resources (e.g., Physical hardware (e.g.,

article thumbnail

The advantages and disadvantages of hybrid cloud

IBM Journey to AI blog

Enterprise-level businesses rely on hybrid cloud solutions to run critical workloads from anywhere by combining and unifying on-premises, private cloud and public cloud environments. Today, a hybrid multicloud approach has emerged that combines two or more public cloud services from different vendors and a private cloud environment.

article thumbnail

The Role of AI in Combating Climate Change

DataRobot

As our society presents advancement after advancement in technology, medicine, and industry, we can harness these investments to reduce the reflexive impact on the environment. Emissions leaks of methane and other natural gases cause damage to the environment and also increase the cost of energy transportation. Unplanned Emissions.

AI 93