Energy Executives Favor More Robotics, Artificial Intelligence To Perform Tasks

We could soon see more robotics and other artificial intelligence technology performing tasks and jobs in the energy sector. KPMG's recent 2018 U.S. Energy Survey, which polled 92 energy executives, revealed that the majority of them are in favor of utilizing emerging technologies like artificial intelligence and intelligent automation to improve business operations without a reduction in human workforce. Regina Mayor, KPMG's global and U.S. energy sector leader, said the survey revealed this is an exciting time in the industry as it moves toward streamlining and making production more efficient. "One of things I find really exciting and what our survey and report recently validated is our energy industry is embracing technology and what it can do for it in every facet of their business," Mayor said. "If you are in upstream, you are using it for everything from oil dynamics to drilling efficiencies to lease obligation management and all the various onshore challenges you have from an administrative perspective."