Machine Learning use cases to boost your digital investments.
Over the past decade the energy industry has undergone a rapid transformation from a conservative past reliant on fossil fuels to a nimble future focused on decarbonization, decentralization, and digitalization.
The market potential is so vast that investment in AI and machine learning within the energy sector is expected to top $7.8 billion by the end of 2024.
This investment includes efforts to make generation and transmission assets smarter and more resilient, lower costs for consumers through better energy management, and make the energy grid more agile.
In an industry with already thin margins, efforts to reduce expenses are of the utmost importance.