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The energyindustry plays a crucial role in all our lives. the wifi, or the computers.and so on, but what is it that powers this critical industry? So, what's it like to work with records and information in this exciting industry? On this episode, Kevin Craine chats with Elana Fate, Records Manager at MISO Energy.
2020 sent shock waves across oil and gas, utilities and mining organizations, creating dramatic shifts in supply and demand, revenue streams and productivity. Mining companies, meanwhile, are … The post Energyindustry 2021 predictions appeared first on OpenText Blogs.
The Reading Municipal Light Department (RMLD), an electric utility in Massachusetts, announced it was hit by a ransomware attack. This week, the Reading Municipal Light Department (RMLD), an electric utility in Massachusetts, announced it was hit by a ransomware attack. Online payment systems were not impacted by the attack.
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. In comparison, all other industries average $200,000 of gross PP&E per employee.
Uncertainty has become the new norm in the energyindustry and 2020 promises more of the same. This is due largely to the fact that the oil and gas and utility sectors are heavily impacted by some pretty intense forces – the geopolitical climate, trade tensions and economic fluctuations, just to name a few.
Worldwide demand for energy is growing faster than ever, leading to rapid changes in the energyindustry and in the wider world beyond. PwC says the sector faces a “big change… [that] may … The post Driving innovation in the energyindustry appeared first on OpenText Blogs.
As the new Industry Strategist for the energyindustry at OpenText, I’m proud to come from a US state where the energyindustry is of paramount importance. It’s also a state where over 25% of the GDP … The post Information management and the energy transition appeared first on OpenText Blogs.
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.
Threat actors employed the previously-undetected PoetRAT Trojan in a Coronavirus-themed campaign aimed at government and energy sectors. . The malware infected ICS and SCADA systems used to control the wind turbines within the renewable energy sector. ” reads the analysis published by Cisco Talos. Pierluigi Paganini.
For the energy and utilitiesindustry (E&U), time is not on their side. Facts about the energy and utilitiesindustry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases. Visibility.
But there are some essentials that, even with all that we are … The post Supporting the essential energyindustry appeared first on OpenText Blogs. We are coping, learning to go without, and making the best of what we have.
ChamelGang APT is a new cyberespionage group that focuses on fuel and energy organizations and aviation industry in Russia. ChamelGang is a new APT group that was first spotted in March by researchers at security firm Positive Technologies, it targets Russian companies in the energy and aviation industry.
As a result, the electric power industry is hastening efforts to reduce environmental impact. To assist utility companies, IBM has created the Clean Electrification Maturity Model (CEMM) in conjunction with the American Productivity & Quality Center (APQC). The latter can also help drive efficiency by lowering end-user energy use.
IOWN is all about supporting increased bandwidth, capacity and energy efficiency. Each sensor in each shroud must be uniquely smart and use next to zero energy. Optical technology can enable us to control energy consumption so we can support increasing capacity and increasing bandwidth,” Gomi summarizes.
The energyindustry as we know it is changing. 1 This massive growth in population will bring with it increased energy demands – and it is only one generation away! 1 This massive growth in population will bring with it increased energy demands – and it is only one generation away! Are you ready to take action?
New developments in renewable energy are making headlines and inspiring hope in communities worldwide, from a remote Arctic village working to harness solar and wind power under challenging conditions to a U.S. Air Force base planning an advanced, utility-scale geothermal power system. Let’s take a look at both.
Federal Bureau of Investigation (FBI) says it has disrupted a giant botnet built and operated by a Russian government intelligence unit known for launching destructive cyberattacks against energy infrastructure in the United States and Ukraine. energy facilities. Separately, law enforcement agencies in the U.S. Dragonfly 2.0,
Going one step further, in 2021, the CISA announced the formation of the Joint Cyber Defense Collective (JCDC) , an initiative formulated to bring government and private industry representatives together to build operation plans for protecting and responding to cyber threats.
Data Encryption Shields the Energy Sector Against Emerging Threats. The energy sector is part of the critical national infrastructure (CNI), and delivers services that are essential for modern life. Energy services companies are a lucrative target for adversaries. Wed, 01/13/2021 - 09:42. Cybersecurity challenges. A recent U.S.
The energy sector has never looked more interesting - can the staid utilityindustry embrace the digital transformation strategic models required to stay relevant or will they be crushed in the emerging battle between tech and energy companies?'
Encoders, for instance, consume significantly more energy than decoders – sometimes as much as 5 to 10 times as much energy, in comparison. As a result, industry executives are re-evaluating how to balance sustainability with the ever-growing corporate and consumer demand for video content. Streamlining Logistics.
The Israeli authorities are alerting organizations in the water industry following a series of cyberattacks that hit water facilities in the country. ” Organizations are recommended to implement supplementary security measures to protect SCADA systems used in the water and energy sectors.
Since the killing, there has been a marked increase in probing for vulnerable servers – focused on industrial control systems in facilities in both the Middle East and North America. Stuxnet was intended to quietly gain deeper footholds and thus remain in prime position to access industrial controls of Iranian plants at an opportune moment.
Renewable energy , also known as clean energy, is produced from natural resources that are generated and replenished faster than they are consumed—such as the sun, water and wind. Most renewable energy sources produce zero carbon emissions and minimal air pollutants.
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.
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@….
Once upon a time, the utilityindustry was a relatively simple place to be. It was all about the safe and consistent generation and distribution of energy with good capacity planning, minimal outages and happy customers. Then it all changed. Climate change happened. Infrastructure got older. appeared first on OpenText Blogs.
A phishing campaign employing QR codes targeted a leading energy company in the US, cybersecurity firm Cofense reported. “Beginning in May 2023, Cofense has observed a large phishing campaign utilizing QR codes targeting the Microsoft credentials of users from a wide array of industries.”
Not as noticeably, but perhaps even more crucially, big advances have been made in semiconductors, the chips that route electrical current in everything from our phones and laptops to automobile components and industrial plant controls. Energy at the edges. How microcontrollers distribute energy is a very big deal.
Cybersecurity in utilities: Critical questions for securing distributed energy resources (DERs). The energy transition is driving a shift toward the increasing use of distributed energy resources (DERs). From a cybersecurity perspective, DERs pose new and unique challenges for utilities. Mon, 06/17/2019 - 05:09.
Assets are the lifeblood of the energyindustry. As new layers of change – including deregulation, new legislation, new market entrants, new consumption patterns – impact the sector, enterprise asset management becomes key to the profitability and long-term sustainability for many oil and gas and utility companies.
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. Hello from Alaska!
Recent research shows that the oil industry — already experiencing difficulties due to COVID-19 — must remain abreast of threats to stay safe from hackers. Recent research shows that the oil industry — already experiencing difficulties due to COVID-19 — must remain abreast of threats to stay safe from hackers.
However, in the past few decades, advances in artificial intelligence, sensing, simulation and more have driven enormous impacts within the biotech industry. To that end, we convened five working groups covering healthcare/life sciences, materials science, high-energy physics, optimization and sustainability.
The energy and resources sector including utilities, oil and gas, chemicals, and metals & mining is one of the most hazardous in the world. For example, 2023 had one of the lowest property damage losses for the hydrocarbon industry. far below the average for all industries at 3.0. Also, according to the U.S.
OpenPLC is an open-source programmable logic controller (PLC) designed to offer a low-cost solution for industrial automation. It is widely used for automating machines and processes in industries like manufacturing, energy, and utilities.
Like every industry, the energy sectors are undertaking digital transformation. But despite years of pursuing operational excellence, many energy companies are still struggling to create an integrated and optimized environment within operations.
Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself.
Utilities Digital Journey Insights (Part 5): Utilities decentralize organizational models to meet consumer needs. To gain the true value of digital transformation, utilities are embracing more dynamic and autonomous organizational structures that enable them to make decisions closer to the customer. Wed, 03/27/2019 - 03:33.
Strategize your next move to become a utilities leader, delivering value at scale and pace. In 2019, our CGI Client Global Insights reveal, once again, that utilities are making considerable progress in their digital transformation journey, with 92% of executives now reporting their organization has a defined digital strategy in place.
Delivering on the benefits of data: How utilities can get the first-mover advantage. I recently visited the old Philips industrial complex in Eindhoven in the Netherlands. With the energy transition underway, there is a similar bold “rethink” taking place in the way energy companies view solutions, particularly around managing data.
Balancing speed and stability to reinvent utility operations for the energy transition. The COVID-19 pandemic has underscored our need for a reliable energy supply, which is something we typically take for granted. Today, utilities must respond to rapidly changing demand profiles caused by stay-at-home orders.
Addressing challenges of the energy transition with grid asset management The energy transition is gearing up to full speed as renewable energy sources replace fossil-based systems of energy production. However, operators must balance intermittent renewable energy intake to produce a controlled, stable output.
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