The 4x4 Possibilities: 4 Smart Ways to Use AI in 4 Areas of Utilities' Operation
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- Jul 22, 2019 1:54 pm GMTJul 22, 2019 1:25 am GMT
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4 Smart Ways to Use Artificial Intelligence in 4 Strategic Areas of a Utility to optimize generation, improve resilience and reduce operating costs!
In general, few companies have incorporated AI into their value chains at scale; a majority of companies that had some awareness of AI technologies are still in experimental or pilot phases. In fact, out of the 3,073 respondents in a McKinsey Global Institute (MGI) study, only 20% said they had adopted one or more AI-related technology at scale or in a core part of their business. 10% reported adopting more than two technologies, and only 9% reported adopting machine learning.