Upstream. Midstream. Downstream. No matter where you operate, as the sector recalibrates, the pressure is on to innovate and “discover” more opportunities for profit amid evolving demands. The big players in oil and gas embraced innovative technologies like AI early, as a vital investment for competitive advantage. Now it’s time to see these investments pay off. The good news is, AI can yield major returns for companies of all sizes and focus.
AI is transforming the full lifecycle of operations for oil and gas companies from exploration and refining to transportation and distribution. Along the way, AI helps maximize efficiency, slash downtime, predict with greater precision, and continuously mine data for insights. Historical drilling data, for example, offers rich planning insights, allowing for exploration simulation and testing before expending real equipment and resources. It’s the ultimate answer to lower cost and risk in drilling operations. Or consider the opportunity unlocked by proliferation of IoT sensors which fuel AI-enabled predictive analytics across the supply chain.
Capitalize on your AI investments with Modzy, a secure platform to scale AI to the enterprise
With competing priorities before the demand for oil crashed, the return to profitability means charting a new course. Many oil and gas companies were ahead of the curve, identifying ways to deploy AI in support of a myriad of needs. The challenge becomes scaling AI investments to the enterprise in a secure, consistent way.
With the Modzy platform and marketplace, you gain the advantage of our subject matter expertise in analytics and AI augmenting your industry subject matter expertise in oil and gas.
We’re seeing all kinds of potential with Modzy to drill into the real benefits of AI.
Through techniques like advanced pattern recognition and anomaly detection, you can shift from preventative maintenance to predictive maintenance.
- Anticipate well issues earlier to remove potential production impacts
- Make more accurate, earlier predictions of sub-surface risks
- Monitor, detect, and diagnose critical equipment performance in real time
Risks are already high. Computer vision and object detection can detect safety hazards in real time, helping prevent incidents and improve safety.
- Use computer vision to analyze video and image-based data sources to detect and alert safety hazards, all while remaining compliant
- Ensure safety and prevent loss of containment incidents
Looking to maximize existing infrastructure? Operational transparency is one exciting outcome, as is greater business resilience—a vital asset today.
- Reduce time to collect, interpret, and simulate data
- Test out scenarios that could impact production
- Use live and historical data to guide drills, manage storage, or optimize output
- Use models to predict network flows, allocate production, minimize downtime
For users with existing AI models, now is the time to capitalize on what your data scientists have created. Modzy is a one-of-a-kind AI platform and marketplace designed to accelerate AI adoption at enterprise scale. Even better, built-in security, governance, and adversarial defense make Modzy a safe choice in these volatile times.
Modzy provides the ideal platform to test and deploy your models at scale, leveraging your investments through your own private instance. Modzy also offers dozens of pre-trained and retrainable models that could be adapted to your needs.
Modzy was built to bring AI to the enterprise in an easy, totally secure way, allowing you to manage and govern AI in your enterprise, your way.