Automating your industrial processes can give you access to many benefits, including reduced energy costs, greener energy options, and personalised solutions to complex problems, among others.
Why does the Energy & Utilities future start with AI?
While the Energy and Utilities industries may not seem like the most obvious places to look when it comes to automation, robotics and artificial intelligence, they are actually some of the biggest potential adopters of these technologies.
Poor data quality is believed to cost businesses an average of $15 million per annum and 75 percent of UK firms expect automation improve their operating costs, and a 62 percent forecast will in-crease their profitability.
It is looking for ad-hoc solutions for factories, such as improving the efficiency of the energy used while reducing carbon emissions ‘in a sustainable and cost-effective manner’
The systems will automatically manage the transportation of heat to molten salt tanks for storage and control how power is fed into the grid
A new report from the Capgemini Research Institute suggests intelligent automation in the sector could save up to $813 billion over the next three years
It is expected to dramatically reduce the duration of unplanned power cuts
The carmaker expects automation of routine tasks to result in between 5,000 and 7,000 job losses by 2023
Schneider Electric says digitisation can be used to improve efficiency, reliability, safety and sustainability