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Upstream, Downstream and Midstream: AI for Oil & Gas A Sign of Vertical Solutions to Come?

December 03, 2018 / Cynthia S. Artin

It’s been challenging enough to get IoT implementations to move from proof of concept to large, distributed systems and solutions; will the advent of more sophisticated (and practical) AI layers accelerate the time to value, or slow it down? Flutura believes the future is in the combination of IoT (and Industrial IoT) and AI that will lift both domains by delivering immediate value to enterprises – but only if the solutions meet specific needs and demands of vertical markets. A software and networking company, with a focus on decision sciences, Flutura rolled out a “Cerebra” AI suite for oil and gas companies “aimed at optimizing drilling, fracking, production and supporting autonomous operations for customers.” The fast-growing Houston, TX-based company has been serving the O&G industry for the last five years, also working with related specialty chemicals and OEM industries, but this is the first time the company has debuted so specific a solut...