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Digital twins reimagined at scale for energy and resources 

OpenText Information Management

1 The ratio between man and machine All industries use machines, yet the energy and resources sector including utilities , oil and gas , chemicals , and metals & mining industries is the most capital intensive. trillion of annual capital investment is made in the energy industry today and by some estimates will grow to $9.2

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Powering up with governance: the AI revolution in utilities

CGI

The utility industry is facing a critical point where it must embrace the vast potential of artificial intelligence (AI) to transform energy production and distribution while addressing significant concerns related to regulations, data security, and ethical considerations.

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Renewable energy trends and developments powering a cleaner future

IBM Big Data Hub

In a warming world, the transition from fossil fuels to renewable energy is heating up. Global capacity for renewable power generation is expanding more quickly than at any time in the last thirty years, according to the International Energy Agency (IEA). And by 2028, 68 countries will boast renewables as their main source of power.

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CISA JCDC Will Focus on Energy Sector

Security Affairs

Taking note of the pervasive threat landscape, the US government has devoted more resources to building a team to protect citizens and businesses. This effort began with the 2018 establishment of the Cybersecurity and Infrastructure Security Agency (CISA) , a Department of Homeland Security division.

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Renewable energy in action: Examples and use cases for fueling the future

IBM Big Data Hub

As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. What is renewable energy? trillion in 2023. trillion in 2023.

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OpenText Summit | Houston Energy 2024 summary & key takeaways

OpenText Information Management

Last week industry leaders, experts, and innovators gathered at the Houston Aquarium for the OpenText Energy Summit in Houston , a pivotal event driving conversations on the intersection of artificial intelligence, information management, and energy sector dynamics.

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Holistic asset management for utility network companies

IBM Big Data Hub

Addressing challenges of the energy transition with grid asset management The energy transition is gearing up to full speed as renewable energy sources replace fossil-based systems of energy production. However, operators must balance intermittent renewable energy intake to produce a controlled, stable output.