Artificial Intelligence, Big Data and European upstream industries: what now

Digitalisation is a source and driver of transformational change across all industries. New data analytics including artificial intelligence (AI), machine and deep learning are expected to impact all business processes: faster decision-making, greater efficiency, and predictive maintenance.

These technologies are developing very quickly while adoption in our industries is often challenging. A solid policy framework is needed to promote investment and deployment: protection of intellectual property rights, highest possible cyber security, and a digital single market.

At this side event – organised with the European Steel Technology Platform (ESTEP), the Energy Materials Industrial Research Initiative (EMIRI), and the European Association for Sustainable Process Industry through Resource and Energy Efficiency (A.SPIRE) – of the Knowledge for Innovation “AI & Data Innovation Summit”, speakers from the chemical industry and academia will share examples that show why AI and Big Data are high on their agendas.