AI Articles and Reports in Natural resources

Explore articles and reports related to artificial intelligence in natural resources, including coverage of mining, agriculture, agtech, oil and gas, and more.

Predictive Analytics in the Oil and Gas Industry - Current Applications

Predictive Analytics in the Oil and Gas Industry – Current Applications

McKinsey reported that most oil and gas operators have not maximized the production potential of their assets. A typical offshore platform, according to the 2017 report, runs at about 77% of its maximum production potential. Industry-wide, the shortfall comes to about 10 million barrels per day, or $200 billion in annual revenue.

Drones for Agriculture - Current Applications

Drones for Agriculture – Current Applications

A recent PricewaterhouseCoopers study revealed that the global market for drone-powered business solutions was valued at $127.3 billion in 2016. For agriculture, prospective drone applications in global projects were valued at $32.4 billion.

Predictive Analytics in Top Utilities Firms

Artificial Intelligence in Public Utilities – Comparing Applications at 4 Top US Firms

Global spending on utility customer information systems (CISs) and analytics is expected to total nearly $37 billion from 2014 to 2023, according to a report from Navigant Research. Some of the top utilities companies in the United States have been using predictive analytics to enhance operations, cut costs and improve customers’ experience.

Microsoft India Sowing App

Artificial Intelligence in Indian Agriculture – An Industry and Startup Overview

Agriculture plays a vital role in India’s economy. Over 58 percent of the rural households depend on agriculture as their principal means of livelihood, according to an IBEF report. Agricultural exports constitute 10 percent of the country’s exports and is the fourth-largest exported principal commodity category in India.

Artificial Intelligence for Energy Efficiency and Renewable Energy - 6 Current Applications

Artificial Intelligence for Energy Efficiency and Renewable Energy – 6 Current Applications

The U.S. Energy Information Agency (EIA) defines renewable energy as an energy source that naturally regenerates, such as solar or wind. In contrast, fossil fuels are considered finite. The EIA reports that in 2016, 10 percent of all energy consumed in the U.S. was derived from renewable energy sources. This is equivalent to roughly “10.2 quadrillion British thermal units (Btu) —1 quadrillion is the number 1 followed by 15 zeros”.

AI in Mining - Mineral Exploration, Autonomous Drills, and More

AI in Mining – Mineral Exploration, Autonomous Drills, and More

Mining is a major worldwide industry producing everything from coal to gold. According to a PWC annual report, the top 40 mining companies have a market capitalization of $748 billion as of April 2017. The industry as a whole saw a slump in 2015 but since then the sector has recovered due to rising commodity prices.

Agricultural Robots - Present and Future Applications (Videos Included)

Agricultural Robots – Present and Future Applications (Videos Included)

Artificial intelligence is gaining traction in the agricultural industry and is steadily being integrated in robotics developed for this sector. As automated technologies penetrate the market, we aim to answer the important questions that business leaders are asking today:

Artificial Intelligence in Agriculture 950×540

AI in Agriculture – Present Applications and Impact

Agriculture is both a major industry and foundation of the economy. In 2016, the estimated value added by the agricultural industry was estimated at just under 1 percent of the US GDP. The US Environmental Protection Agency (EPA) estimates that agriculture contributes roughly $330 billion in annual revenue to the economy.

Natural resources

Explore articles and reports related to artificial intelligence in natural resources, including coverage of mining, agriculture, agtech, oil and gas, and more.