Heard the buzz about the many benefits of AI, but curious about how it actually delivers? Here are 15 remarkable applications of how companies used AI to transform their business.
Deliver more for less, in faster timescales, while reducing environmental impact.
Revolutionizing the energy industry through artificial intelligence
With AI, energy companies can enhance every aspect of today’s value chains, while simultaneously innovating with renewables to set the stage for tomorrow’s markets. From exploration and discovery to generation and delivery, RapidMiner is experienced in helping energy companies across the globe do more with less, at a faster pace, while also reducing burden on the environment.
Energy Industry Use Cases
Why AI Now?
Energy — its sources, consumption patterns and economic and ecological impact — has become one of the defining issues of our time. The industry faces financial and market pressure to operate profitably, and societal and regulatory pressure to do so at minimal risk to the environment. Sometimes those initiatives feel as if they’re competing against each other.
The good news is the unprecedented volumes of data to feed analytics, from equipment in the field, the plant, transmission infrastructure, homes and businesses. AI enables the energy industry to improve every facet of the value chain, while innovating with renewables for a brighter future.
MAJOR CRUDE OIL & NATURAL GAS PRODUCERHow much do you leave on the cutting floor? AI can help ensure you're not leaving too much or too little. We worked with this producer to optimize raw materials, leading to a projected $3.2M increase in profits per year.
LOCAL GAS DISTRIBUTION COMPANYPredictive maintenance can not only be beneficial for improving efficiency, but also for avoiding events that affect public safety and cause brand and reputational harm. Learn how this gas company reduced risk, generated cost-savings through more efficient repairs and more.
What Our Energy Customers Say
This tool provides empowerment to our business users in data and analytics challenges. Their customer service support is remarkable and the tool is, in my opinion, one of the most powerful in advanced analytics. Functionalities like TurboPrep and AutoModel make our end users much closer to the Data Scientist Citizen role.
The main product we use is RapidMiner Studio with easy and intuitive interface for data connections, data prep, process and model building, validation and assessment. Studio comes with the AutoML module that allows to build, assess and compare the models in agile manner and provides the simulation interface.
RapidMiner, as a company, is probably the most responsive company that I have worked with. Whenever we have an issue or an enhancement that we would like, they listen and do everything they can to accommodate us.
Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences, and do not represent the views of Gartner or its affiliates.
Thinking about what digital transformation means for your organization? This study conducted by Forrester Consulting outlines how organizations are achieving success and planning for the future.
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