BRICS Solution Awards

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.

Russia
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.

Contacts

For queries about BRICS Solutions Awards please reach out to Agency for Strategic Initiatives International Office Team:

Partners

logo-ntilogo-tpprflogo-brics-businesslogo-tv-bricslogo-development-corporation
rainbow
footer-star