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Will generative AI make the digital twin promise real in the energy and utilities industry?

IBM Big Data Hub

Generative AI and digital twin use cases in asset-intensive industries Various use cases come into reality when you leverage generative AI for digital twin technologies in an asset-intensive industry such as energy and utilities. Consider some of the examples of use cases from our clients in the industry: Visual insights.

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Renewable energy in action: Examples and use cases for fueling the future

IBM Big Data Hub

As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. What is renewable energy? trillion in 2023. trillion in 2023.

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European cooperation on flexibility to accelerate the energy transition

CGI

European cooperation on flexibility to accelerate the energy transition. Early in September, we invited a number of our clients from around Europe to participate in a roundtable discussion on energy flexibility. Current energy pricing has little headroom to incentivize consumers to engage in flexibility. kathy.jacquay@….

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Digital twins reimagined at scale for energy and resources 

OpenText Information Management

1 The ratio between man and machine All industries use machines, yet the energy and resources sector including utilities , oil and gas , chemicals , and metals & mining industries is the most capital intensive. trillion of annual capital investment is made in the energy industry today and by some estimates will grow to $9.2

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OpenText Summit | Houston Energy 2024 summary & key takeaways

OpenText Information Management

Last week industry leaders, experts, and innovators gathered at the Houston Aquarium for the OpenText Energy Summit in Houston , a pivotal event driving conversations on the intersection of artificial intelligence, information management, and energy sector dynamics.

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Hackers Target Oil Producers During COVID-19 Slump

Security Affairs

Real-Life Examples of Spear-Phishing Attacks in the Energy Production Sector. The threat of spear-phishing for energy companies is, unfortunately, not a theoretical one. Downloading them infected a user’s system with a type of trojan spyware not previously seen in other utilities industry cyberattacks. Not a New Concern.

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Top 5 tech predictions for the energy and resources sector in 2025

OpenText Information Management

The energy and resources sector is undergoing a profound transformation driven by the global push toward sustainability, energy technological advancements, geopolitical risks, and increasing regulatory pressures in some areas of the world. Every digital fabric has horizontal and vertical digital threads. Digital twins are no different.