AI is transforming several sectors. Sectors such as Travel, Banking, Healthcare are leveraging AI applications that include virtual assistants, customer care and patient diagnosis. These applications are transforming effectiveness, efficiency and experience across value chains. Enterprises are increasingly adopting AI with a surge in adoption in 2024. The Oil & Gas Industry is following suit.[1] The Oil & Gas C-suite discussions on AI, predict vast technology advances with new value to their business, yet the reality is different from expectations. It is imperative that C-suite discussions result in business plans that provide visibility into the real value of AI and lead to tactical steps required to harness the technology. This thought paper series outlines the below path to turn expectations from AI in Oil & Gas into reality. The series begins with a focus on Upstream in Oil & Gas and aims to bring forth tangible and quantifiable opportunities in AI for Upstream Oil & Gas operations.
Read more in our POV: AI in Oil and Gas Turning Expectations to Reality
