DSDE: In Theory

Many predictions have been made about what advances are expected in the field of artificial intelligence and machine learning. This column reviews a “data set” based on what researchers were apparently studying at the turn of the decade to take a fresh glimpse into what might come to pass in 2020.

This paper discusses how oil and gas companies are using a new generation of AI-driven applications powered by computational-knowledge graphs and AI algorithms to create a digital knowledge layer for oil and gas wells that provides a timeline of significant well events.

The complete paper presents a process used to successfully implement a rig-based drilling advisory system (RDAS) across a mixed group of rig contractors.

The size of the digital prize is large. But deploying digital technologies at scale is proving harder than first thought. A report from Wood Mackenzie presents lessons from digitalization's early adopters.

Digitalization is now a staple of boardrooms and plays a key role in corporate strategies. It brings equal measures of opportunity and threat. A report from Wood Mackenzie takes a look at how it will affect different categories of the supply chain.

Digital twins are powerful combinations of models and data that “age” throughout the lifecycle of an asset as they gather and integrate data from the field. This technology is a quantum leap from earlier efforts at modeling complex systems.

Should that outside hotshot lead your digital transformation work or an insider who knows more about the culture and customers?

The two main takeaways from this paper: First, it underscores the difference between explainability and interpretability and presents why the former may be problematic. Second, it provides some great pointers for creating truly interpretable models.

The scientific literature is riddled with bad charts and graphs, leading to misunderstanding and worse. Avoiding design missteps can improve understanding of research.

Harnessing the industrial Internet of things has arguably become the biggest strategic priority for industrial companies in the race to gain competitive advantage through digital transformation.