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How AI and Cloud are set to Change the Future of Businesses
The world of artificial intelligence has achieved an inflection point and is poised to disrupt every industry. A lot of organizations have already been transformed and are well-equipped to stay abreast of AI trends. In this AI-driven world, cloud companies are envisioning AI scope and trying to leverage AI to become the trendsetter. Talking about one of the most widely used platforms like eCommerce and streaming platforms, a lot of recommendations that people stumble upon are based on their interests and recent searches. It is fascinating to see how one of the video streaming providers leveraged AI and public cloud services to automate personalized recommendations for users and converted this opportunity to make USD 1 billion every year.
AI in Oil & Gas Market to Exceed $2.85 Billion by 2022 - Press Release - Digital Journal
AI in Oil & Gas market is projected to grow from an estimated USD 1.57 Billion in 2017 to USD 2.85 Billion by 2022, at a CAGR of 12.66% from 2017 to 2022. Northbrook, IL -- (SBWIRE) -- 06/20/2019 -- AI in Oil & Gas market is expected to grow from an estimated USD 1.57 Billion in 2017 to USD 2.85 Billion by 2022, at a CAGR of 12.66%, during the forecast period. The growth of AI in Oil & Gas market will be mainly driven by the rise in adoption of the big data technology in the Oil & Gas industry to augment E&P capabilities, a significant increase in venture capital investments, and growing need for automation in the Oil & Gas industry, and tremendous pressure to reduce production costs. Software in AI in Oil & Gas market is applicable in upstream Oil & Gas exploration and production activities. The hardware segment in AI in Oil & Gas market is expected to grow swiftly during the forecast period (2017 to 2022), mainly due to the increasing requirement for sophisticated hardware system configurations and components capable of handling massive data, including, but not limited to Tensor Processor Unit (TPU), Graphic Processing Unit (GPU), Resistive Processing Unit (RPU), Field Programmable Gate Array (FPGA), and Visual Processing Unit (VPU) to install software-based AI capabilities.
AI in Oil & Gas Market to Exceed $2.85 Billion by 2022 - Press Release - Digital Journal
AI in Oil & Gas market is projected to grow from an estimated USD 1.57 Billion in 2017 to USD 2.85 Billion by 2022, at a CAGR of 12.66% from 2017 to 2022. Northbrook, IL -- (SBWIRE) -- 06/20/2019 -- AI in Oil & Gas market is expected to grow from an estimated USD 1.57 Billion in 2017 to USD 2.85 Billion by 2022, at a CAGR of 12.66%, during the forecast period. The growth of AI in Oil & Gas market will be mainly driven by the rise in adoption of the big data technology in the Oil & Gas industry to augment E&P capabilities, a significant increase in venture capital investments, and growing need for automation in the Oil & Gas industry, and tremendous pressure to reduce production costs. Software in AI in Oil & Gas market is applicable in upstream Oil & Gas exploration and production activities. The hardware segment in AI in Oil & Gas market is expected to grow swiftly during the forecast period (2017 to 2022), mainly due to the increasing requirement for sophisticated hardware system configurations and components capable of handling massive data, including, but not limited to Tensor Processor Unit (TPU), Graphic Processing Unit (GPU), Resistive Processing Unit (RPU), Field Programmable Gate Array (FPGA), and Visual Processing Unit (VPU) to install software-based AI capabilities.
Low Cost Gold In The Age Of QE, AI, Trump and War - GoldCore Gold Bullion Dealer
'Fear and Loathing In the Age of QE … AI' is a presentation given at Mining Investment London earlier this week. Stephen Flood, CEO of GoldCore presentation (28 minutes) was well received at the conference which is a strategic mining and investment conference for leaders in the mining and investment sectors, bringing together attendees from 20 countries. 'Fear and Loathing In the Age of QE … AI' can be watched on Youtube here Why Silver Bullion Is Set To Soar – GoldCore Interview Gold Bullion Stored In Singapore Is Safest – Marc Faber Russia Seen More Likely to Sell Dollar Rather Than Gold Talking Gold with CNN's Richard Quest Gold holds near one-week low as dollar firms (Reuters.com) Goldman Says the Bitcoin Haters Just Don't Get It (Bloomberg.com) Goldman Warns That Market Valuations Are at Their Highest Since 1900 (Bloomberg.com)