Maintenance (technical)

Alvheim production restored after unplanned downtime

Retrieved on: 
Monday, December 18, 2023

LYSAKER, Norway, Dec. 18, 2023 /PRNewswire/ -- During the fourth quarter, Aker BP has experienced unplanned downtime at the Alvheim field due to technical issues.

Key Points: 
  • LYSAKER, Norway, Dec. 18, 2023 /PRNewswire/ -- During the fourth quarter, Aker BP has experienced unplanned downtime at the Alvheim field due to technical issues.
  • The downtime resulted from a malfunction in new equipment installed during maintenance activities in the previous quarter, causing a deferral of approximately one month in the production from the Alvheim area.
  • Considering the Alvheim deferral, the latest production forecast for 2023 remains within the updated guidance range, albeit at the lower end.
  • For reference, Aker BP's net production from the Alvheim area in the third quarter was 33.8 mboepd.

Helicopter Market to increase by USD 18.94 billion during 2023-2028; Introduction of new and modernized helicopters to drive the growth - Technavio

Retrieved on: 
Friday, December 15, 2023

NEW YORK, Dec. 15, 2023 /PRNewswire/ -- The helicopter market size is expected to grow by USD 18.94 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Dec. 15, 2023 /PRNewswire/ -- The helicopter market size is expected to grow by USD 18.94 billion between 2023 and 2028.
  • The introduction of new and modernized helicopters drives market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The Global Helicopter Tourism Market size is estimated to grow by USD 282.41 million accelerating at a CAGR of 4.5% between 2022 and 2027.

Viking Analytics and VKT Unite for AI-Powered Predictive Maintenance with MultiViz

Retrieved on: 
Friday, December 15, 2023

GOTHENBURG, Sweden, Dec. 15, 2023 /PRNewswire/ -- Viking Analytics and Vibration & Konsultteknik (VKT) Join Forces to Revolutionize Industrial Machine Monitoring with AI-Powered MultiViz.

Key Points: 
  • GOTHENBURG, Sweden, Dec. 15, 2023 /PRNewswire/ -- Viking Analytics and Vibration & Konsultteknik (VKT) Join Forces to Revolutionize Industrial Machine Monitoring with AI-Powered MultiViz.
  • VKT integrates Viking Analytics' AI-driven vibration analytics tool, MultiViz, into their services, marking a pioneering move in predictive maintenance for the Swedish industry.
  • Viking Analytics and Vibration & Konsultteknik (VKT) of Stenungsund have recently sealed an innovative collaboration through a new business agreement.
  • This alliance equips VKT with the AI-powered vibration analytics tool, MultiViz, aimed at enhancing internal condition monitoring while being offered alongside VKT's services and sensor systems.

Viking Analytics and VKT Unite for AI-Powered Predictive Maintenance with MultiViz

Retrieved on: 
Friday, December 15, 2023

GOTHENBURG, Sweden, Dec. 15, 2023 /PRNewswire/ -- Viking Analytics and Vibration & Konsultteknik (VKT) Join Forces to Revolutionize Industrial Machine Monitoring with AI-Powered MultiViz.

Key Points: 
  • GOTHENBURG, Sweden, Dec. 15, 2023 /PRNewswire/ -- Viking Analytics and Vibration & Konsultteknik (VKT) Join Forces to Revolutionize Industrial Machine Monitoring with AI-Powered MultiViz.
  • VKT integrates Viking Analytics' AI-driven vibration analytics tool, MultiViz, into their services, marking a pioneering move in predictive maintenance for the Swedish industry.
  • Viking Analytics and Vibration & Konsultteknik (VKT) of Stenungsund have recently sealed an innovative collaboration through a new business agreement.
  • This alliance equips VKT with the AI-powered vibration analytics tool, MultiViz, aimed at enhancing internal condition monitoring while being offered alongside VKT's services and sensor systems.

DataRobot Announces New Enterprise-Grade Functionality to Close the Generative AI Confidence Gap and Accelerate Adoption

Retrieved on: 
Thursday, November 9, 2023

DataRobot, the leader in Value-Driven AI, today announced new end-to-end functionality designed to close the generative AI confidence gap, accelerating AI solutions from prototype to production and driving real-world value.

Key Points: 
  • DataRobot, the leader in Value-Driven AI, today announced new end-to-end functionality designed to close the generative AI confidence gap, accelerating AI solutions from prototype to production and driving real-world value.
  • Enhancements to the DataRobot AI Platform empower organizations to operate with correctness and control, govern with full transparency, and build with speed and optionality.
  • “The demands around generative AI are broad, complex and evolving in real-time,” said Venky Veeraraghavan, Chief Product Officer, DataRobot.
  • “In BSI’s research, we have seen evidence of a confidence gap, with people lacking understanding and trust in AI.

Axiom Space Selects Stottler Henke's Aurora AI Software to Manage Astronaut Schedules

Retrieved on: 
Wednesday, December 13, 2023

SAN MATEO, Calif., Dec. 12, 2023 /PRNewswire-PRWeb/ -- Axiom Space, a leading provider of human spaceflight services and developer of human-rated space infrastructure, has selected Stottler Henke's Aurora AI software to manage the schedules of their astronauts during space missions. Axiom Space's operational use of Aurora software is planned to support future missions. Aurora software will ensure that crew tasks are scheduled efficiently to maximize crew effectiveness, while ensuring that all space operations constraints are satisfied.

Key Points: 
  • SAN MATEO, Calif., Dec. 12, 2023 /PRNewswire-PRWeb/ -- Axiom Space, a leading provider of human spaceflight services and developer of human-rated space infrastructure, has selected Stottler Henke's Aurora AI software to manage the schedules of their astronauts during space missions.
  • Aurora software will ensure that crew tasks are scheduled efficiently to maximize crew effectiveness, while ensuring that all space operations constraints are satisfied.
  • With Aurora serving as the core of our scheduling software, I am confident that my team can deliver on our goals."
  • Aurora software is the world's leading planning and scheduling software solution that combines expert knowledge with artificial intelligence.

Revolutionizing Manufacturing With Digital Twins: New Insights Published by Info-Tech Research Group

Retrieved on: 
Thursday, December 7, 2023

To address this need, global IT research and advisory firm Info-Tech Research Group has published its latest blueprint, Digital Twins in Manufacturing .

Key Points: 
  • To address this need, global IT research and advisory firm Info-Tech Research Group has published its latest blueprint, Digital Twins in Manufacturing .
  • Info-Tech's research explores the significant benefits and applications of digital twins in the manufacturing sector, underscoring a shift from traditional manufacturing methods to more advanced, data-driven processes.
  • The research further highlights that the implementation of digital twins goes beyond technological integration; it signifies a strategic transformation in manufacturing operations.
  • For exclusive media commentary from Shreyas Shukla, an expert in the manufacturing industry, or to access the complete Digital Twins in Manufacturing research, please contact [email protected] .

WiMi Developed Deep Reinforcement Learning-Based Task Scheduling Algorithm in Cloud Computing

Retrieved on: 
Wednesday, December 6, 2023

BEIJING, Dec. 6, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a deep reinforcement learning-based task scheduling algorithm in cloud computing to improve the performance and resource utilization of cloud computing systems.

Key Points: 
  • BEIJING, Dec. 6, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a deep reinforcement learning-based task scheduling algorithm in cloud computing to improve the performance and resource utilization of cloud computing systems.
  • By using deep reinforcement learning, the task scheduling problem can be transformed into a reinforcement learning problem by training a deep neural network to learn the optimal strategy for task scheduling.
  • WiMi's deep reinforcement learning-based task scheduling algorithm in cloud computing includes state representation, action selection, reward function and training and optimization of the algorithm.
  • The deep reinforcement learning-based task scheduling algorithm in cloud computing has achieved significant improvements in both task scheduling effectiveness and system performance.

New Case Study from iNymbus Highlighting Deductions Automation for $2B Company

Retrieved on: 
Tuesday, December 5, 2023

HOUSTON, Dec. 5, 2023 /PRNewswire-PRWeb/ -- iNymbus, a leader in intelligent automation for retail suppliers, releases a transformative case study, "Retail Giant Transforms Deduction Management with iNymbus." The document highlights how iNymbus collaborated with a leading consumer goods organization, to automate and streamline their deductions management process.

Key Points: 
  • iNymbus released a new case study highlighting the experience of a large retail manufacturer's journey of transformation with deductions from Walmart, Amazon, and other top retailers.
  • HOUSTON, Dec. 5, 2023 /PRNewswire-PRWeb/ -- iNymbus, a leader in intelligent automation for retail suppliers, releases a transformative case study, "Retail Giant Transforms Deduction Management with iNymbus."
  • The document highlights how iNymbus collaborated with a leading consumer goods organization, to automate and streamline their deductions management process.
  • Commenting on the case study, Sreedhar Narahari, CEO of iNymbus, emphasized, "This success story showcases the transformative power of intelligent automation in revolutionizing traditional processes."

ZeroDT Rebrands as Zero Downtime: Elevating Industrial Surge Protection

Retrieved on: 
Thursday, November 30, 2023

HOUSTON, Nov. 30, 2023 /PRNewswire-PRWeb/ -- ZeroDT, a leader in industrial surge protection, is excited to announce its rebranding as Zero Downtime. The new name reflects the company's commitment to uninterrupted operations and cutting-edge surge protection technology.

Key Points: 
  • ZeroDT, a leader in industrial surge protection, is excited to announce its rebranding as Zero Downtime.
  • ZeroDT will continue as the name of the surge protection product line, as the company (Zero Downtime) expands its offering into both products and solutions.
  • HOUSTON, Nov. 30, 2023 /PRNewswire-PRWeb/ -- ZeroDT, a leader in industrial surge protection, is excited to announce its rebranding as Zero Downtime.
  • Zero Downtime, formerly ZeroDT, is a leader in industrial surge protection, safeguarding critical power and communications for measurement and automation systems from overvoltage.