an artist s illustration of artificial intelligence ai this image explores how humans can creatively collaborate with artificial general intelligence agi in the future and how it can
AI Power, Tamfis AI

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,...
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AI Power, AI Trends & News, Tamfis AI

AI in Energy: Driving Efficiency and Sustainability in 2025

Artificial Intelligence (AI) is transforming the energy sector by improving efficiency, reducing costs, and supporting sustainability initiatives. In 2025, AI-driven technologies are optimising energy generation, distribution, consumption, and renewable integration, enabling smarter and greener operations across the globe. AI in Power Generation AI helps power plants operate efficiently by predicting demand and optimising output: Predictive maintenance detects equipment issues before failure occurs. Load forecasting ensures power generation matches consumption patterns. AI-assisted plant operations optimise fuel use and reduce emissions. These applications save costs and enhance the reliability of energy supply. Smart Grids and Distribution AI enables smart grid technology to manage electricity distribution more effectively: Real-time monitoring detects faults and optimises power flow. Demand response systems adjust energy usage during peak periods. Integration of distributed energy resources such as solar and wind. Smart grids improve reliability, reduce outages, and lower operational costs. Renewable Energy Optimisation AI supports the growth...
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Communications sector contributes 5.8% to GDP in FY 2023/24: Talaat
Science & Technology

Communications sector contributes 5.8% to GDP in FY 2023/24: Talaat

Technology tamfitronics Amr Talaat, Egypts Minister of Communications and Information Technology, has emphasized that the success of Egypts communications and IT sector is built on its human capital and expertise, which have been driving growth for six consecutive years. Thanks to the skills of those working in this field, the sector’s contribution to Egypts GDP has risen significantlyfrom 3.2% six years ago to 5.8% last fiscal year.Talaat delivered these remarks during the Tech Heritage IBM Business Partners Forum and the celebration of IBMs 70th anniversary in Egypt. The event was attended by Sherif Farouk, Minister of Supply and Internal Trade; Ghada Labib, Deputy Minister for Institutional Development; Raafat Hindi, Deputy Minister for Infrastructure Development and Digital Transformation; Bakr El-Bayoumi, Deputy Minister for Research and Technological Planning; Ahmed Elzaher, CEO of the Information Technology Industry Development...
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Mumbai’s BFSI Sector Gears Up for Transformation at the 24th Edition of BFSI IT Summit, Business News
Business News

Mumbai’s BFSI Sector Gears Up for Transformation at the 24th Edition of BFSI IT Summit, Business News

Business new tamfitronics MUMBAI, INDIA, July 4, 2024 - (ACN Newswire) - The banking, financial services, and insurance (BFSI) sector in Mumbai is currently undergoing a profound transformation, fueled by rapid technological advancements and a significant increase in digital adoption. Emphasizing a strong commitment to digitalization, key stakeholders in Mumbai are championing initiatives akin to advancements in digital payments and the establishment of the Digital Banking Transformation Office. These efforts are propelling the BFSI landscape forward, fostering innovation and paving the way for sustained growth and competitiveness in the region.The summit serves as a strategic platform to delve into critical themes shaping the future of finance, such as digital payments innovation, cybersecurity resilience, AI and machine learning integration, cloud computing strategies, and enhancing customer experiences in digital banking. Participants can expect insightful discussions, keynote addresses...
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