Feature: It’s Been a Slow Road for AI in Oil and Gas Industries
Originally Posted: 28 August 2020
Author: Mark Labbe for TechTarget
TechTarget has featured Beyond Limits in an article, written by Mark Labbe, spotlighting some of the benefits of AI solutions for the oil and gas industry. Our own CEO, AJ Abdallat also weighed in on some of the technological challenges the industry has faced in the past with a positive outlook for the future, explaining how oil and gas majors have been overcoming those challenges through the discovery of advanced artificial intelligence that is designed to provide economic and environmental optimization – among several other benefits.
“Oil and gas, highly sensitive to economic cycles, saw a renaissance in digital technology after the shale bust in 2015-2016, said AJ Abdallat,” CEO and founder of AI vendor Beyond Limits. “The collapse forced many oil and gas companies to file for bankruptcy and prompted technological changes.”