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Supply chain visibility in the energy and utilities industry

IBM Big Data Hub

For the energy and utilities industry (E&U), time is not on their side. Facts about the energy and utilities industry 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.

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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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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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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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How utilities can boost engagement, retention, and profits

OpenText Information Management

Utilities have undertaken a large transformation journey to leverage new technologies (such as AI, IoT, robotics, etc.) With spreading deregulation and innovative new energy retailers entering the market, the … The post How utilities can boost engagement, retention, and profits appeared first on OpenText Blogs.

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Cybersecurity in utilities: Critical questions for securing distributed energy resources (DERs)

CGI

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.

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How utilities can prepare for extreme weather with data and AI

IBM Big Data Hub

But flash floods, hurricanes and winter storms also profoundly impact utilities. Today, utilities are meeting these challenges and risks with innovation by leaning on data and AI to prepare for the next event. Identifying at-risk assets in advance is a main challenge for utilities.