Tag Archives: global
AI in Oil, Gas and Engery Operations
AI in Oil, Gas and Energy Operations
The global energy sector is undergoing a transformative shift as artificial intelligence (AI) technologies become increasingly integrated into oil, gas, and energy operations. This integration is not merely a trend but a necessary evolution to meet the growing demand for energy, reduce operational costs, and enhance safety standards. In this article, we delve into the current state of AI in the industry, explore its applications, and provide actionable insights for businesses aiming to leverage AI's potential.
The Evolution of AI in the Energy Sector
AI's journey in the oil, gas, and energy industries has been marked by significant milestones. Initially used for data analysis and predictive modelling, AI has expanded its role to include advanced applications such as autonomous drilling, real-time monitoring, and predictive maintenance.
Early Adoption and Growth
In the early stages,...
HK rises in global smart city index
Hong Kong has come in eighth out of 73 cities in a smart city index.
The ranking, compiled by Polytechnic University researchers, considered how factors such as infrastructure or the use of technology improved living standards.
The findings were disclosed at the fourth International Conference on Urban Informatics which opened on Wednesday at the university.
Professor John Shi, president of the International Society for Urban Informatics (ISUI), said this is an improvement compared with 2023, when the SAR ranked ninth out of 50 cities.
According to Shi, the city stands out for its economy and having a good business environment as well as its free flow of capital.
The ISUI Smart City Index is compiled by ISUI and the Otto Poon Charitable Foundation Smart Cities Research Institute.
Unlike similar indexes, the ISUI index is based on publicly...
S2 Global Showcases Innovative Wafer Transfer Robot Repair Technology at SEMICON TAIWAN and APSSE
Technology tamfitronics S2 Global Showcases Innovative Wafer Transfer Robot Repair Technology at SEMICON TAIWAN and APSSEIn 2024, S2Global, a promising Korean company specializing in wafer transfer robot repair, participated in major exhibitions held in Taiwan and Malaysia, where it showcased its innovative technologies and products.SEMICON TAIWAN, the largest semiconductor exhibition in Asia, attracts numerous industry experts and companies each year to present the latest technologies and products. This year’s event took place from September 4 to 6 in Taipei, and S2Global drew significant attention by demonstrating its robots in action. The company highlighted its remarkable technological advantages in robot repair, capturing the interest of many enterprises and attendees.APSSE (Asia Pacific Semiconductor Summit & Expo) was established to promote the development of the semiconductor and sustainable electronics industries in the Asia-Pacific region. This year, it held...
UP GLOBAL and Huawei Forge Strategic Partnership, Ushering in a New Era of FinTech Innovation
Technology tamfitronics On October 17, 2024, at the GITEX GLOBAL 2024 tech summit in Dubai, UP GLOBAL and Huawei announced a strategic partnership aimed at accelerating innovation in the global fintech sector and driving digital transformation. This collaboration marks a significant milestone for the financial technology industry. GITEX GLOBAL 2024, a prestigious annual event, brought together top technology leaders, startups, investors, and executives from around the world, eager to explore future advancements. Huawei, a major sponsor, showcased its expertise in cloud computing, artificial intelligence, and IoT technologies.At the summit, UP GLOBAL and Huawei formalized their partnership by signing an agreement in front of prominent attendees. UP GLOBAL, a Cayman Islands-based holding company, operates UPTX, a leading multi-asset trading platform offering services in stocks, forex, commodities, and cryptocurrencies. Fully licensed and adhering to global regulatory standards,...
