AI in Energy - Thematic Intelligence

AI in Energy - Thematic Intelligence Summary Artificial intelligence (AI) refers to software-based systems that use data inputs to make decisions on their own. The technology allows machines to perform tasks that would typically require human intelligence. AI is a growing industry that GlobalData expects to be worth $1 trillion by 2030. This is up from $103 billion in 2023, a compound annual growth rate (CAGR) of 39.1%. AI shows little sign of slowing and the energy sector is primed to adopt AI capabilities across its entire value chain. Implementing AI will prevent system failures, improve resource management, and use predictive analytics to accelerate the transition toward renewable energy sources. Scope - This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies. - This report covers the AI theme. Reasons to Buy - GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage. - Develop and design your corporate strategies through an in-house expert analysis of artificial intelligence by understanding the primary ways in which this theme is impacting the energy industry. - Stay up to date on the industry’s major players and where they sit in the value chain. - Identify emerging industry trends to gain a competitive advantage.