Industrial GenAI 101
Generative AI marks a groundbreaking milestone in the evolution of artificial intelligence, not just in its capabilities but in its reach and impact. While it may not be the single most important development in AI's history, it has certainly captured the public's attention like no other. Now, businesses of all sizes, across industries, can harness AI's power without needing a team of data scientists or advanced technical knowledge. According to Statista, the Generative AI market, which was just over $23 billion in 2022, surged to nearly $45 billion by the end of 2023. This rapid growth, averaging about $20 billion [...]
ROGe approved paper: Digitizing Corrosion Management and Fabric Maintenance
Vidya will present two technical articles regarding our deeptech solutions at ROGe 2024. The second presentation, which takes place on September 23rd, will discuss the Digital Fabric Maintenance application. The article showcases the application’s tracked and proven impact on the oil and gas industry. Get to know our article better in this blogpost: ''A case study of an alternative approach to digitize the management of external corrosion and fabric maintenance workflow of an offshore installation'' Corrosion poses a significant and inherent threat to the Oil and Gas industry, leading to equipment failure and production losses. For this purpose, [...]
AWS announces Generative AI acceleration with Vidya
It is an honor to share that Vidya was selected for the AWS Gen Ai Energy Lab. This Amazon program is an enterprise accelerator designed to spur co-innovation through partnerships and trials. Among over 800 applications, Vidya was selected for the Generative AI for Clean Energy. The partnership between Amazon Web Services and Vidya was announced at the AWS Energy Symposium, taking place Aug. 13-14, 2024, in Houston, Texas. The conference united energy and utility leaders, partners, and startups aiming to forge the industry's future by reinventing energy. This program allows us to accomplish our next step in Vidya’s platform [...]
Computer Vision 101: How can AI see things?
A world where computers can understand the environment around them simply by looking. This isn't science fiction anymore. It’s the new frontier of artificial intelligence called Computer Vision. It can perceive its surroundings and interpret visual information to identify objects, colors, shapes, and areas. This technology consists of a model that learns information from multidimensional data, such as images or videos, enabling machines to develop a visual perception like humans. Today, Computer Vision systems can analyze vast amounts of visual data with incredible accuracy. But how exactly was Computer Vision developed? How does it work? And what are the [...]
How to optimize Industrial Safety and Risk Management
The International Association of Oil and Gas Producers reported a 36% increase in offshore fatalities from 2020 to 2021. This concerning rise underscores the inherent safety challenges of the industry. Certainly, this sector is subjected to safety threats due to the complex processes and hazardous environments in which it operates. For this reason, high-complexity facilities such as oil and gas need to target safety and risk assessments as fundamental pieces of operational management. But what are the main concerns of the oil and gas industry regarding risk management? Concerns regarding risk management in the O&G Industry [...]
Enhancing Mining’s Risk Management with AI
Properly managing risks in the mining industry isn’t a simple task. Inherently, mining activities are characterized by high structural damage, safety risks, and obstructed productivity. Within this volatile environment, companies still face several limitations that impede effective risk management and safety efforts. For this reason, new methods to optimally control hazards need to be explored by the Mining Industry. This article elucidates the industry's bottlenecks in managing risks and how AI-driven technologies are enhancing current strategies. Concerns regarding risk management in Mining Industries According to the European Commission, risk management of a mine or any other mineral extractive [...]
How to leverage the full potential of AI Predictive Maintenance
Industrial maintenance is a crucial but challenging aspect of large-scale process industries. Traditional maintenance methods result in expensive, risky, time-consuming, and often inefficient activities. This has led to a growing implementation of digital technologies to optimize maintenance, which made clear the opportunities that these optimized processes offered, like foreseeing anomalies with predictive maintenance for example. However, successfully implementing this maintenance approach requires the integration of different cutting-edge technologies. Despite the complexity surrounding the adoption of predictive maintenance, we need to understand its leveraged opportunities in industrial environments. Why industrial maintenance requires predictive care Industrial maintenance can be a [...]
The 4 levels of Spatial Computing
Spatial Computing might be the next frontier of technological evolution. This technology blends virtual and physical environments for seamless interaction. Certainly, Apple's Vision Pro had a significant impact on the popularity of the concept among tech enthusiasts. Yet, it still represents a slightly abstract idea for most people, as it consists of a brand-new technology that presents different levels of immersion and integration within its scope. In this regard, it’s important to analyze the concept behind the different Spatial Computing levels. Virtual Continuum The concept surrounding Spatial Computing is defined as the Virtual Continuum. It represents [...]
How is AI applied to corrosion detection?
Corrosion detection is a challenging, risky, time-consuming, and expensive process. According to NACE, the global corrosion cost is estimated to be US$2.5 trillion, equivalent to 3.4% of the global GDP (2013). On top of that, it requires workers to inspect every edge of an enormous environment full of flammable hydrocarbons. However, the use of AI is reshaping this practice. In this context, AI-driven corrosion detection offers a safer and more sustainable method of addressing corrosion by providing a holistic perspective on Asset Integrity Management with 3D models, predictive algorithms, data contextualization, and Machine Learning. Thus, this blog analyzes how AI [...]
Top 4 AI Trends of 2024
Intro As we step into the year 2024, Artificial Intelligence continues to transform industries and our daily lives. From chatbots to AI-automated processes, this technology is rapidly increasing the speed of operations while delivering more specified and data-driven decisions. In this volatile reality, trends and technological innovations emerge faster, reaching a point in which it is hard to keep track of new AI solutions. In this blogpost, we will explore some of the top AI trends to watch for in 2024, discussing how these trends are shaping the future of industries. 1. Increased Processing Capacity Over the [...]