Data & Analytics
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
This case study describes how edge computing and industrial internet of things platforms were deployed to automate and optimize production operations across four distinct basins.
-
First developed as a proprietary system by a large Permian Basin operator, this hydraulic fracturing schedule exchange will be run by a data company and opened up to the entire North American shale sector. -
Usually, field engineers manually pick events such as start and end times out of hydraulic-fracturing pumping data. This manual process is time-consuming and prone to error. Now, a Denver-based company is using machine learning to identify these events more accurately and consistently.
-
Unlike structured data, unstructured data is information that either does not have predefined labels or is not organized in a predefined template, and inefficient management of this data is holding back the industry.
-
In recent times, we have been inundated with articles concerning the oil and gas industry’s race toward digitalization and automation. The pillars of such a transformation are the rapidly evolving industrial Internet of things, secure cloud computing, data analytics, AI, and machine learning.
-
Baker Hughes is still a GE company, but it has partnered with a second company for artificial intelligence expertise, C3.ai. The deal is expected to speed the integration of AI into oilfield operations by the company which also markets GE’s device analytics platform, Predix.
-
Quantum computers exploit the peculiar behavior of objects at the atomic scale and use the qubit as the basic unit of quantum computing. A quantum computer with only 100 qubits would, theoretically, be more powerful than all the supercomputers on the planet combined.
-
Merging tried-and-true physics-based models with data science is bolstering the Houston independent’s reservoir-engineering work on its deepwater and shale assets.
-
The company's second location in the area is expected to increase the production capacity for large-scale exploration and production digital transformation projects that are already under way.
-
Baker Hughes, a GE company, (BHGE) and C3.ai announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique artificial-intelligence software suite to deliver digital transformation technologies and drive productivity for the oil and gas industry.
-
Funded by a €10.6 million grant from the European Union’s Horizon 2020 program, the ambitious project will, for the first time, undertake an oceanwide approach to understanding the factors that control the distribution, stability, and vulnerability of deep-sea ecosystems.
