Advantages of Visual Based AI-Powered Asset Management for Utilities
Series: Digitalization and Data Analytics
Time: 10:30 AM – 11:15 AM CT
Artificial intelligence (AI) and machine learning have become major factors in nearly every industry, and have increasingly become more popular among utilities. Automated technology is being used to inspect gas, water, and electric assets, improving the overall management that provides more efficient, cheaper, and accurate digitized asset data than traditional methods used.
While skilled operatives and subject matter experts hold great value in asset management, technology can assist the process by acting as a tool to improve efficiency and quality of work. One of the biggest advantages of using an AI-powered technology is that most of the data collection can be conducted autonomously at highway speed and processed in near real-time, which ultimately reduces manual time spent on surveys, and contributes to lower O&M costs. Using innovative technology also removes the subjectivity of data and delivers benefits that further improve system reliability.
With the COVID-19 pandemic, this past year alone has shown the value of reliance on technology in the energy sector, which will only continue into the future. Join us in this session to learn about how AI and data analytics has evolved in a way that is easy-to-use by gas, water, and electric utilities, and through further development, has potential for more inspection applications in the future.
Dominic Brennan, Solution Specialist at SAP
Tyler Foreman, Head of Platform Architecture at Intel