Neural network for analysing data from oil pumps
Problem and implemented solution
Oil companies are losing out on time, production volumes, and profits because they don't know how to make the most of their pumps' lifespan.
Nomination
Artificial Intelligence And Digital Services
Topic
Artificial intelligence
Estimated duration of implementation
6-12 months
Implementation geography
There are no restrictions on the regions of implementation
Description of competitive advantages
No analogous technologies exist so far. Currently, the typical approach to handling data from pumps involves merely collecting it without systematic analysis or efficient predictions, The volume of data is massive, making efficient manual processing impossible.
List of awards and prizes, media articles about the organization/individual or the Practice
N.A.
List of scientific works and IP connected with the Practice
N.A.