The coming decade within the energy industry will be characterized by unparalleled restructuring, digital disruption and bold ambitions combined with sustainable solutions. As the industry gathered at Energy:Connected in Norway to share perspectives and ideas, many speakers declared the race to net-zero a historic opportunity for the energy industry.
Technologies like autonomous robots, smart sensors, and deep learning have made Amazon’s warehouses the best in the world. Most Nordic industrial warehouses would require a giant leap to get there, with many still dependent on desktop computers, printouts, and employee experience.
As governments around the world are reducing subsidies for renewable energy-based generation, renewables are expected to start competing more with fossil fuel-based energy sources and reach grid parity. To make the energy transition economically visible, energy companies need to identify solutions for cost reductions in order to remain competitive within bid processes – and we believe digitalization can play a major role here.
Rust detection in the heavy-asset energy industry is a cumbersome and costly process. Aize’s new asset management SaaS solution, powered by machine learning and computer vision, speeds up the process by auto-detection of rust anomalies.
The data and analytics landscape is changing fast, but if you can’t demonstrate the business value in AI, data and analytics initiatives it can lead to reduced budget and lack of involvement for these initiatives. A key factor is to quickly find out the current state of maturity. With our Rapid assessment framework, you can clarify your status – within a week.
Besides establishing our own net-zero agenda, Cognizant will extend the expertise in cloud, IoT and AI to help our clients meet their sustainability goals, reduce their carbon footprints and sharpen their competitiveness. Our clients in Europe are leading the way in some critical areas, but we need more green leadership to get further with sustainability.
How can Nordic companies extend automation initiatives throughout the enterprise to maximize gains? Currently, automation silos between different tech initiatives prevent teams from reaping the synergies and reaching their digital transformation goals. This is exactly what Cognizant Neuro addresses; it sits on top of automation tools, forming a single, intuitive automation fabric.
In recent years, the new technology market has exploded, and at the same time, the world is facing a major transformation to reach the Paris Agreement and the 17 UN sustainable development goals. As a global consulting company, we think that the technology industry should be considered as an ecosystem, where we share innovation that contributes to protecting what is best for our planet. Within boundaries that still generate profitability; we need to take a step back, to look at things from what is best for society.
How can energy companies reduce their emissions in the upstream operations and what role does digital play in it? This was the theme of the joint session between Cognizant, Aker BP and Wintershall DEA during the industrial digitalization conference Ignite.
Whether it’s migrating the entire core infrastructure to one or more cloud service providers, aka hyperscalers, or just simplifying a handful of processes using Software as a Service (SaaS) tools, the cloud represents the digital future. The pandemic has accelerated the ongoing cloud adoption and during 2021, 51% of Nordic organizations are predicted to reach IDC’s highest level of cloud maturity.
How can AI and other technologies be used to execute complex projects in an effective manner in the energy sector? During the industrial digitalization conference Ignite, I discussed the potential of AI and machine learning to automate and improve maintenance together with experts from Aize.
To reach consumers today, CX leaders need to expand their understanding of human behaviors to find out how the brand should be designed and implement strategies that connect with individuals in context. Cognizant Interactive is a global digital agency that keeps its eyes on the future so that your business can too.
What are the most essential building blocks of an intelligent Enterprise? Without doubt, a future-proof digital foundation that comprises a number of technology building blocks, each dependent on having the right data at the right time.
Intelligent automation continues to be a top driver of the future of work, according to our recent study, and its benefits became clear in the pandemic. To reap the full advantages, businesses need to move from isolated to widescale deployment.
Aker Solutions helps companies unlock energy from sources such as oil, gas, and offshore wind. By transforming and modernizing its IT systems together with Cognizant, Aker Solutions can offer more flexibility and faster time-to-market for its oil and gas customers.
How do you transform ERP backbones into systems of innovation? The solution relies on the convergence of customer-centricity, new technology adoption, and business model modernization. Only by connecting these disciplines, a company can deliver truly data-driven customer experiences. Modernizing your core by converting to SAP S/4HANA is key, says Client Partner Christian Staalby.
Director Oil & Gas - Energy +47 908 87 070
Cognizant has helped some of the world’s leading energy and utility companies to transform. Among them are 5 of the top 10 utilities in North America, 5 of the top 10 electric utilities in Europe and 4 of the top 6 oil and gas super majors.
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