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
Outstanding product, which allows us to move the power of machine learning closer to our subject matter experts and allows them to interface with the data and analysis in a deeper way than previous analysis tools. Support from the RapidMiner team has been amazing. They continually exceed our expectations for helping us implement and benefit from their product.
A well-designed and flexible product, plenty of pre-built models, generalized transformations and evaluation processes. In addition, easy to understand explanations and an extensive training library.
RapidMiner Studio is an awesome tool! It really speeds up the data exploration process and provides a firm foundation for building machine learning models. The support staff is excellent! They really helped me and my team build and prove out our use case to put into production. They also helped us integrate seamlessly with Tableau, which was critical for our user group. Overall, would highly recommend the tool to anyone who is looking at taking their predictive analytics/machine learning capabilities to the next level.
The software enables us to perform relevant analytics and the team is always here to help us on our way to success, guiding us at each step!
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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