The Energy industry holds multiple predictive analytics and data science opportunities. One large utility hired a management consulting firm to study their data process. The management consultants identified over $300 Million of value by utilizing the data this utility had already collected over many years.
Energy Machine Learning
Data science and decision support are nothing new to the energy industry. Many industry giants have long relied on large quantities of data to make decisions. Oil and gas producers now capture even more detailed data in real time at lower costs and from previously inaccessible areas, using it to improve oilfield and plant performance. Utility providers are able to mine data to improve the customer experience, increase operational efficiencies, and maximize revenues.
Mosaic provides expert energy AI consulting to all sectors of the energy world. Our data scientists have experience working for utilities and oil companies, but they also bring to bear techniques and expertise from different verticals, truly designing and deploying innovative, yet appropriate solutions.