Digital Energy Technical Section
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Industries have gone a long way in the implementation of digital and intelligent technologies and have already realized numerous benefits. However, leaders realize that the full value of any transformation is unlikely to be achieved by implementing strategies of the past.
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Recently, the hype around artificial intelligence and machine learning caused several people to ask me how much of a project is actual machine learning. Based on man-hours spent on the project, I estimate that only about 5% of the effort is spent directly on data-science-related activities.
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Remote and integrated operations can make production safer and more efficient. Despite this, the industry has struggled to implement these clearly effective techniques.