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The fuel and energy industry in Russia has the largest number of projects in the field of AI

June 22, 2020|
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This conclusion was made by Jet Infosystems analysts after they analyzed the projects that use artificial intelligence and machine learning for the past six months, which were realized in Russia and CIS countries. The activity declined during the pandemic (from the beginning of March to the end of May) in all sectors except fuel and energy complex and industry.

According to the survey, fuel and energy industry took the first place in terms of the number of project (20% of the total amount). AI technologies are implemented not only by large (Rosneft, Tatneft, Gazprom Neft), but also by medium-sized companies. The projects include predictive analytics for equipment repair and field development, digital design, smart meters, etc.

So far, the number of projects in 2020 corresponds to last year’s figures, but it will be lessened in the second half of the year due to coronavirus pandemic and economic downturn. This is explained by the long-term nature of the projects.

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