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 [...]
Making the most of POB on offshore assets
Offshore industrial operations are risky environments for on-site workers. This group of people, referred to as People on Board (POB), is responsible for inspecting, executing maintenance, and ensuring operational safety in the facility. However, oil and gas facilities may present risks that result in incidents such as explosions, dropped objects, oil leaks, and others. Besides that, unplanned events happen, requiring workers to have an immediate response to mitigate the occurrence. The International Association of Oil and Gas Producers reported a 36% increase in offshore fatalities from 2020 to 2021. In this context, oil industries have to deal with limitations [...]
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 [...]
Why Reality Capture is a must to report anomalies in industrial inspections
Industrial inspections consist of reporting anomalies to later perform maintenance plans. For this purpose, companies display several methods to inspect assets that can be divided into two major categories: the traditional methods and the digitized ones. In this context, these two groups present clear disparities in the benefits they generate to operators. While traditional methods still expose professionals to risky and time-consuming activities, new digitized ways of capturing reality have intuitively fostered safety and uptime for industrial inspections. Indeed, the new optimized methods of visually inspecting assets have accurately illustrated industrial realities to streamline maintenance actions. Thus, reporting anomalies with [...]
Vidya Goes Global: Launching Houston Headquarters
Curitiba - Houston, November 29th, 2023. Vidya Technology, a global technology provider committed to supporting the Mining and Oil and Gas industries, announces its first international office in the United States. The company’s new headquarters will be located in Houston. Founded in 2013, Vidya is a company that develops hardware, software, and artificial intelligence solutions for asset integrity and performance management. Our solutions have been trusted by major companies such as Ocyan, MODEC, Equinor, Petrobrás, Vale, and SLB. In 2024, Vidya plans to launch its first pilot project with a regional oil and gas company. ‘’The road ahead is filled [...]
Why system integration is a must
Intro As industries get more digitalized, the need for establishing an integrated digital environment increases. In this sense, the extensive amount of data that large operations generate requires interconnectedness in order to properly monitor every part of an asset’s infrastructure. In this post, we’ll take a look at why this integration is a must, the advantages it provides, and how it can improve the overall efficiency and productivity of businesses, especially heavy asset industries. The rise of digital tools and the need for integration The process of digitalization is reshaping how industries face their routines. From manufacturing to [...]
What Digital Solutions are being a game-changer to industries
Intro In today’s rapidly evolving world, digital solutions are reshaping industrial standards for efficiency, safety and innovation. They’ve become a game-changer for facilitating multiple industrial and business related tasks such as process automation, anomaly detection, scenario visualization and decision making. This transformation is not merely a trend but a fundamental change that is rebuilding the landscape of industries worldwide. "Digital transformation is not about technology; it's about solving problems. It's about using technology to make our lives better." - Eric Schmidt, former CEO of Google And, on the edge of Industry 4.0, Digital Solutions are [...]
Why AI is becoming a consolidated reality
Intro Artificial intelligence (AI) is a rapidly evolving field with the potential to transform many aspects of our lives. It is already having a significant impact on the job market, creating new jobs and transforming existing ones. Besides that, AI is democratizing innovation, helping people to be more productive and creative. This is leading to a wave of innovation from startups and individuals. However, in order to comprehend AI’s scope, it’s important to consider the fundamental aspects that led to AI’s meteoric rise. AI’s boom Throughout history, society always had the need for technological innovations. Although the [...]
Top 3 Oil and Gas Inspection and Maintenance Trends for 2024
The search for digital solutions to the challenges faced in the oil and gas industries intensifies every year. According to BDO Global, it is predicted that the digital oilfield market, consisting of the internet of things, analytics, and cloud computing, will surpass US$20 billion by 2023. In this dynamic scenario, it becomes increasingly evident that the Oil and Gas sector is embarking on an ambitious journey towards the integration of digital technology as indispensable tools to tackle their most pressing challenges. Among the myriad of trends shaping the landscape, certain key areas emerge as paramount [...]
Paper vs Digital Inspections
Intro Oil and Gas operations pose unique challenges to their operations when the matter is inspection and maintenance. Since this kind of activity involves a variety of risks and complexities, it is not uncommon to find field workers filling out paper reports, and walking around the facility looking for potential problems. This is a traditional-manual method, on which oil and gas companies relied throughout the years when performing risk assessments with the goal of preventing potential hazards that could compromise the continuity of the operation. Meanwhile, digital transformation has been disrupting the way things are done with increasingly advanced [...]
