To help its service technicians more efficiently repair and maintain its models, Mercedes-Benz USA is outfitting all of its authorized American dealerships with HoloLens 2 headsets. The devices are equipped with Microsoft Dynamics 365 Remote Assist, a mixed reality app that that lets users collaborate during hands-free video calls from their own computers. Organizations have long known the importance of business resiliency, but becoming resilient requires time and preparation, and the pandemic has forced many organizations to evolve at a pace few could have imagined. To recover and thrive within this new context presents new challenges. That is why we are partnering with customers to support faster adoption of digital capabilities.
We are accelerating fast into an Artificial Intelligence (AI) driven digital era. Not a moment goes when digital is not part of our daily lives. And that's not just about smart devices at home or collaborating on MS Teams or Zoom meetings but extends to cars we drive, payments we make or shopping we do. While so much of our lives are surrounded and enhanced by digital experiences, when it comes to the most crucial resource that helps companies achieve goals and scale to new heights, that is human resources, AI is a tiny component. It will be a pity if we can't extend and use the very tools that make our lives so much better when it comes to talent or human resources management.
Energy, Oil and gas wealth is considered as one of the most valued commodities across the globe. As the revenue in the sector spikes, the security risks it faces also increases with more cyber and physical attacks taking place in the recent years. Unlike other industries, energy, oil & gas sector get a big bang on its whole working system every time a security breach happens. Ultimately, video analytics combined with artificial intelligence (AI) is shoving hackers the exit door with its extended technological influence. According to a report, global energy was valued at US$1.7 trillion, which is a 2.2% of the global GDP in 2016.
Windfall Geotek (formerly Albert Mining) is a Canadian corporation offering a proven and industry-leading digital platform leveraging Artificial Intelligence (AI) technologies to significantly improve outcomes in the exploration, development, operations and financing of geologically focused projects. Principal markets encompass the global resource mining industry including virtually all forms of mineralization including oil and gas exploration. Recent advances have led to the detection of water sources and aquifers especially in drought regions, and of anti-personnel landmines and related deadly legacy hazards in conflict zones. Our applied machine learning technology offers a revolutionary approach to geologic discovery and a markedly positive economic impact on operational efficiencies. Since 2004 our Company has added value to over 30 client discoveries and more than 80 target generation projects around the globe.
While the scope of reinforcement learning (RL) is likely to soon extend far beyond computer simulation, today the main location for training RL agents is within the digital environment. In the world of artificial intelligence, simulators are often the environments in which an algorithm functions. For humans, we are born directly into our simulator and it requires no effort on our part to go on functioning. We call this simulator the universe and it exists whether we believe in it or not. Similarly, the laws of physics apply whether you acknowledge them or not. They require no effort or acquiescence on our part.
AJ Abdallat is CEO of Beyond Limits, the leader in artificial intelligence and cognitive computing. Our world has reached a point where society recognizes the planet is under stress, with energy and technology sectors at the forefront of this reckoning. Microsoft, in association with PwC, revealed the urgency of the challenges currently facing our planet, reporting that 91% of people don't live in standard air quality-controlled areas, 60% of biodiversity has been lost since 1970, and greenhouse gases are at their highest levels in 3 million years. To get ahead of these challenges, we must reduce carbon footprints. AI will play a crucial role in supporting the energy industry's goals of achieving a more efficient, connected and sustainable future.
The oil and gas industry are dealing with massive disruption on several fronts from increasing oil price volatility due to Coronavirus and the failed OPEC deal. Combined with complexity of a rapidly changing energy sector where digital technologies, the drive for greener energy and demand for more consumer-centric services are putting shareholder returns at risk and reconfiguring policy mandates, industry players are forced to make a significant re-evaluation of energy value chains, assets and operations. The way we produce and consume oil & gas is shifting. Renewable energy sources, such as wind and solar, are growing exponentially and are expected to account for nearly 70% of global electricity production in 2050. Transport is being electrified, with 50% of all new cars sold globally forecasted to be electric by 2033.
This article was first published in Branch magazine, an online collaboration between EIT Climate-KIC, Mozilla Foundation and Climate Action.tech A global pandemic has shocked the world, leading to thousands of deaths, economic hardship and profound social disruption. While we worry about our immediate needs, we should remember that another crisis is looming: climate change. The lockdown made it clear that staying at home and slowing down the economy is far from enough to solve the climate crisis. We're still emitting more than 80 per cent as much CO2 as normal, despite having 17 per cent fewer emissions compared to 2019 -- which is one of the most significant drops in recent years (1).