3 minute read
Introducing Artificial Intelligence to the Industry
By: Kym Bolado
Advertisement
The use of artificial intelligence (AI) in the energy sector has been mainly focused on improving operational efficiency and predictive analytics. Companies are using AI-driven technologies to analyze large amounts of data to make accurate predictions about future events, giving them a competitive advantage over their peers. By leveraging AI technology, companies are able to reduce costs, improve productivity and find new ways to increase their profits. Additionally, AI is being used to optimize asset performance and detect potential issues before they become serious problems.
AI can also be used by oil and gas companies for marketing purposes. Automated campaigns powered by machine learning algorithms allow companies to target specific audiences with personalized messages that speak directly to their needs. This type of targeted marketing helps oil and gas companies reach more customers and drive more sales.
AI is also being used to improve safety and security in the energy industry. Companies are leveraging AI-driven technologies to monitor equipment, detect potential risks, and alert workers of any potential danger. By using predictive analytics, companies can take proactive steps to protect their people, processes, and assets from harm.
As AI technology continues to evolve at a rapid pace, the role it will play in the energy sector remains uncertain. However, one thing is for sure: AI has revolutionized the way oil and gas companies operate and find success in today’s competitive market. As digital marketing evolves and new technologies are developed, we will continue to see innovative applications of artificial intelligence within the energy industry.
With the rapid advancement of technology, AI is becoming increasingly important for oil and gas companies to stay competitive. AI-based applications provide a wealth of opportunities for companies in the energy industry, from improved operational efficiency to targeted marketing campaigns. It is clear that AI will continue to revolutionize the way we do business in this sector for years to come.
By leveraging Artificial Intelligence (AI) technology, oil and gas companies can make more accurate decisions, optimize their assets and processes, improve safety, and target potential customers with personalized messages — all while reducing costs and increasing profits. In the age of digital transformation, it’s essential that oil & gas companies embrace AI solutions if they wish to remain competitive in today processes, from exploration and drilling practices to customer engagement strategies.
About the author: As the publisher and CEO of SHALE Magazine and the host of In the Oil Patch radio show, Kym Bolado has conducted more than 250 interviews with energy experts. With 25 years of entrepreneurial experience, Kym Bolado started SHALE Magazine in 2013 as a result of her interest in the economic development taking place in Texas. The magazine thrived early on and has seen exponential growth since. Along with the growth of the magazine, Bolado took on the new challenge of becoming a radio talk show host on In the Oil Patch. In the Oil Patch was started in 2015 on San Antonio’s KTSA 550 AM. Within six months the show was in syndication. The show now airs on iHeart’s KTRH 740 AM in Houston, the number-one talk radio station in the U.S. The radio show also airs in major metropolitan areas in Texas including Dallas, Midland, San Antonio, Austin, and Corpus Christi, as well as parts of New Mexico, Louisiana, and Mexico.
In the age of digital transformation, it’s essential that oil & gas companies embrace AI solutions if they wish to remain competitive in today processes
How
Listings
The Listings grade is a reflection of your business’s online listings. Each listing source is assigned a score based on how popular the site is. For example, having an accurate listing on a popular site like Google will have a greater influence on your Listing Score. The Listings grade is determined by the percentile range your business falls into when compared to other businesses in the same industry.
Reviews
Review grades are a reflection of your business’s online review performance. Each grade in the Reviews section is determined by the percentile range your business falls into when compared to other businesses in the same industry.
Social
Social grades are a reflection of your business’s social media presence. Each grade in the Social section is determined by the percentile range your business falls into when compared to other businesses in the same industry.
Website
Website grades are a reflection of your business’s website performance, based on Google’s PageSpeed Insights. Each grade in the Website section is determined by the percentile range your business falls into when compared to other businesses in the same industry.
Advertising
The Advertising grade is a reflection of your business’s online campaign performance. The grade is determined by the percentile range your campaign’s estimated cost per click falls into when compared to other businesses in the same industry.
Seo
The Search Engine Optimization (SEO) grade is a reflection of your business’s search engine visibility. The grade is determined by the percentile range your keywords’ estimated value per click falls into when compared to other businesses in the same industry.