Edge Total Intelligence reposted this
Chief Executive Officer at EdgeTI.com I Leader at Forbes Technology Council | Expert on Digital Twins, Data Mesh & Data Management
As Carlos Soto recently reported, #AI in the #Energy market is estimated at USD 3.14 billion in 2024, and is expected to reach USD 5.70 billion by 2029, growing at a CAGR of 12.61% during the forecast period (2024-2029).* With so much investment it seems that a new market is emerging with solution providers focused on how to best leverage this, and other capabilities, to add differentiated value in a competitive landscape like #oilandgas. I predict in a year the emphasis in this sector will be more focused on #DigitalTwins. What do you think? Let me know below or visit edgeti.com to learn more. Cognite, Radix team up to accelerate AI in energy - Energy Capital (energycapitalhtx.com) *Source: AI in Oil and Gas Market - Artificial Intelligence - Trends & Companies (mordorintelligence.com)
Marketing Leader | Executive Based Marketing (EBM) Pioneer I Campaign & Brand Growth Innovator | Award Winning Author
2wThanks Jim Barrett. I would add that alternative #data architectures like Edge Total Intelligence #datamesh are also on the horizon for many companies in the #energy sector and beyond.