Oilfield Places


Machine Learning Goes Viral In Oil Patch

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Using historical data from compressors with maintenance problems, the software pinpointed patterns and put online a system to inform the operator when there would be problems, Beck said. The technology has been used by a large oil and gas company to gain insight about the drillbit downhole. That's where column analytics--software tools that meld predictive models with collected data--come into play. Looking at the investor presentation slide decks of some of industry's large independents and integrated oil companies, Beck said companies are talking about how they are using data analytics to improve efficiency in the oil field, including in the Permian Basin.


Early movers: WFC, UNH, ANTM, GM, TIF, VIAB, NFLX, CVX, KATE, FCX, WTW & more

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Anthem -- In that same report from Jefferies, Anthem was downgraded to "hold" from "buy." Kate Spade -- The fashion accessories maker was upgraded to "outperform" from "market perform" at Wells Fargo, which thinks recent stock weakness has created an attractive entry point and that it sees a pickup in coming quarters. Boeing -- Boeing increased its long-term sales outlook for the China market to 1.025 trillion over the next 20 years, with estimated aircraft purchases of 6,810. NRG Energy -- NRG won a bankruptcy auction for SunEdison's wind and solar projects in Texas and other states.


Big data management platform Datorama raises 32M

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It's a SaaS-based, big data management platform for advertisers and ad agencies, which uses machine learning and artificial intelligence to make it easier to upload data, and to categorize it. This lastest funding brings Datorama's total raised to 50 million. The company's Marketing Integration Engine uses artificial intelligence to automate the process by which marketers connect all of their online and offline data sources from advertising, marketing, sales and CRM technologies. It also provides TotalConnect, a data integration capability, allowing its customer to create API-like connections with any data source containing marketing, sales, service, commerce, or financial data; and API Connector Library, which provides an extensive selection of pre-built data connectors to integrate your data from popular marketing applications, databases and Big Data platforms.


PSN Tackles Extreme Production on Remote Oil Rig For IBM

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For the film IBM partnered with oil and gas company Woodside, and creative agency the Barbarian Group, to create '70 Miles from Shore with Watson: Woodside Energy and IBM'. About Production Service Network (PSN) Production Service Network is the one-stop shop for full local shoot support worldwide. IBM Watson: Pioneering a New Era of Computing Watson is the first commercially available cognitive computing capability representing a new era in computing. IBM continues to build on its strengths in cognitive computing, analytics, security and cloud with IBM Watson Health and the Watson Health Cloud platform.


Legendary physicist Freeman Dyson talks about math, nuclear rockets, and astounding things about the universe

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In England, that was a volunteer war, and all the young people volunteered, including Moseley. And the English government then decided before World War II that this time the scientists were going to be kept alive. But anyway, I was sent to the headquarters of the bomber command to work as a scientist, collecting information about the bombing of Germany. They had this huge system of information gathering in Afghanistan.


Domino's Pizza to launch drone deliveries with new tech partner Delimiter

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The two companies demonstrated their drone pizza delivery service in Auckland, New Zealand, yesterday – an event attended by the country's Civil Aviation Authority and its Minister of Transport Simon Bridges. Once approved, the two firms will launch a CAA-approved trial, making drone deliveries from a selected Domino's New Zealand store to customer homes later in 2016. Domino's indicated that New Zealand had been selected as the launch market since its current regulations allow businesses to make unmanned aircraft opportunities. With current delivery options being restricted by traffic, roads, access and distance, drones potentially offer greater reach for the firm.


Health startup Lifesum raises 10M round led by Nokia Growth Partners

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And the latest evidence of this is Stockholm-based Lifesum raising a 10m funding round led by Nokia Growth Partners (NGP), with Draper Esprit, Bauer Media Group and SparkLabs Global Ventures. So for instance, this year Lifesum launched a partnership with food and juice bar Crussh in the UK which saw it provide user data which revealed the nutritional deficiencies in London, which was then used to create tailor-made juices to provide the nutrients that locals were lacking. Walter Masalin, who leads NGP's investment in Lifesum, says: "Digital health is still at an early stage, but with the current exponential development in mobile technology and IOT, we will soon see rapidly increased empowerment of the individual." Lifesum is the market-leading health app in Scandinavia, Germany, France, Italy, France and Russia and has been featured in Apple Keynote events, and as one of 40 apps to launch with the Apple Watch, as well as being a launch partner for Google Fit, Google Now and Samsung Gear S2.


Amazon: The Real King Of Smart Home Appliances

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Amazon (NASDAQ:AMZN) had the perfect answer to the potential threat posed by Alphabet's (GOOG, GOOGL) upcoming Google Home intelligent home assistant. All the cheapo Fire tablets, Fire TV console/stick products, and Alexa-powered speakers it sells are mere customer recruitment avenues for Amazon's online marketplace. Smart home assistants like Google Home and Amazon Tap will have to rely on online neural networks to service millions of homes. Letting people test drive the league-leading artificial intelligence power of Alexa is a masterful marketing strategy.


Salesforce.com Inc (NYSE:CRM) - Salesforce.com Q1'16 Earnings Conference Call: Full Transcript

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Our first quarter results press release, SEC filings and the replay of today's call can be found on our IR website at www.Salesforce.com/inverstor. And with me today on the call is Marc Benioff, Chairman and CEO, Keith Block, Vice Chairman President and Mark Hawkins, CFO. A description of our risks, uncertainties, assumptions and other factors that could affect our financial results are included in our SEC filings, including our most recent report on Forms 10-Q and 10-K. Well thanks John and really excited to be here, really excited for the first quarter and I we have got some great people here for the call Keith Block here our new Chief Officer, really excited to have Keith here we have Mark Hawkins our Chief Financial Officer and you've all seen the press release we just had an awesome Q1 it's the best Q1 we have ever seen there is some incredible members that you are going to see including the cash flow number. I am also saw the national raising full year revenue guidance and 80 million raising guidance we are feel really excited about that 8.2 billion the high end of our range and our current outlook puts us on the clear path we are see now that we are going to realize very shortly a 10 billion dream.


AI could destroy hiring in one of the biggest industries for graduates

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The FT reports that increasing automation and artificial intelligence behind the reducing need for armies of graduates who can do the low-level paperwork usually required of them. The World Economic Forum estimates that AI, robotics, and automation could replace 5 million jobs around the world by 2020. Just as machines replaced many manual labour jobs in the industrial revolution, advances in computing mean many service sector jobs risk being replaced by computers. The bank warns that unlike part advances the Fourth Industrial Revolution looks like it will create fewer jobs than it destroys and is likely to exacerbate inequality.