IBM UNVEILS SURPRISING INSIGHTS AT DISTRIBUTECH 2024!
Hey there, energy enthusiasts! Get ready for some mind-blowing news from the energy and utility sector! According to a recent study, a whopping 74% of companies in the Energy & Utility industry are either already using or exploring the use of AI in their operations. Can you believe it? AI taking over the world of energy!
But that’s not all, folks! Within this sector, IT professionals are focusing their AI projects on HR/Talent Acquisition and AI Monitoring & Governance. Sounds like the future is knocking on our doors, and it’s powered by artificial intelligence!
Energy CEOs are buzzing with excitement over the possibilities of generative AI and automation. In fact, a staggering 63% of Energy CEOs surveyed are expecting to see some serious value from these technologies within the next three years. That’s not all, though – 61% of CEOs are also keeping a close eye on the data sources for generative AI.
To stay ahead of the game, IBM is showcasing its watsonx platform at Distributech 2024 – the leading annual transmission and distribution event. This enterprise-ready AI and data platform is designed to help energy companies harness the power of AI and navigate data-related challenges with ease.
But wait, there’s more! IBM is also highlighting its watsonx.governance toolkit for AI governance. This toolkit allows Utility companies to manage, monitor, and direct their AI efforts, ensuring responsible decision-making and ethical practices in the industry.
The possibilities are endless with AI in the energy sector! From augmenting compliance processes to creating sustainable and resilient grids, the future looks brighter than ever. So, what do you think about the impact of AI in the energy industry? Do you think generative AI and automation are the way forward? Comment below and let’s keep the conversation going! Let’s power up the future together!
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