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How AI is reshaping Saudi Aramco’s oil exploration and underwater operations strategy

CIO

The Saudi state-owned oil company has significantly invested in research and development compared to its industry peers, allocating approximately 3.5 These images are then analyzed using machine learning algorithms to detect oil spills and pollutants. USD billion in 2023, representing a 15% annual increase despite global challenges.

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Data Science for Oil & Gas

Dataiku

At the end of the day, the mission of many projects in oil and gas companies can be drawn back to one thing: the efficiency of the wells. Specific targets could be upping production, enhancing recovery, or reducing loss, but all of these things lead to increased efficiency.

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JLR revs up AI and intelligent automation initiatives

CIO

Battle joined JLR as group chief digital and information officer in February 2022, after a long career managing IT for a succession of oil companies. It’s a big project for us in terms of defining our strategy for data and AI, but also for automation.” There are plenty of software vendors willing to help with that — perhaps too many.

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Perficient’s Impressive Oil and Gas Industry Expertise and Capabilities Continue To Be Recognized 

Perficient

As oil and gas companies face a future of flux and rapid energy transition, remaining competitive requires either full-fledged digital transformation or major components of it. In response, there is also a rising interest from these organizations to invest in CX as well as data and personalization.

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Arrikto raises $10M for its MLOps platform

TechCrunch

Arrikto , a startup that wants to speed up the machine learning development lifecycle by allowing engineers and data scientists to treat data like code, is coming out of stealth today and announcing a $10 million Series A round. The round was led by Unusual Ventures, with Unusual’s John Vrionis joining the board.

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Russell Westbrook, Chainsmokers join group pouring $13.5M into prebiotic soda brand Poppi

TechCrunch

Husband-and-wife co-founders Stephen and Allison Ellsworth, former oil and gas researchers, launched the soda in 2020 after Allison Ellsworth began having stomach issues about two years prior. 1 spot based on four-week data from SPINS ending June 13, 2021. Poppi , a prebiotic soda brand, closed $13.5 The drinks retail for $2.49

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Jacobs revamps its IT operating model to accelerate business

CIO

In March 2022, Steve Demetriou, chair and CEO of Jacobs, announced a new multiyear strategy that would focus on three accelerators for the $15B professional services business: climate response, consulting and advisory, and data solutions, each supported by significant acquisitions. We want to help our clients disrupt their own industries.”.