{"id":6017,"date":"2021-06-22T06:02:04","date_gmt":"2021-06-22T06:02:04","guid":{"rendered":"https:\/\/techclot.com\/index.php\/2021\/06\/22\/artificial-intelligence-in-energy-market-incremental-growth-is-expected-to-be-worth-6-79-billion\/"},"modified":"2021-06-22T06:02:04","modified_gmt":"2021-06-22T06:02:04","slug":"artificial-intelligence-in-energy-market-incremental-growth-is-expected-to-be-worth-6-79-billion","status":"publish","type":"post","link":"https:\/\/techclot.com\/index.php\/2021\/06\/22\/artificial-intelligence-in-energy-market-incremental-growth-is-expected-to-be-worth-6-79-billion\/","title":{"rendered":"Artificial Intelligence in Energy Market: Incremental Growth is Expected to be Worth $ 6.79 Billion &#8230;"},"content":{"rendered":"<p><a href=\"https:\/\/www.google.com\/url?rct=j&#038;sa=t&#038;url=https:\/\/www.prnewswire.com\/news-releases\/artificial-intelligence-in-energy-market-incremental-growth-is-expected-to-be-worth--6-79-billion-by-2025--301315939.html&#038;ct=ga&#038;cd=CAIyHDkyYmU1MGQ5NjY1NjYxZTA6Y28udWs6ZW46R0I&#038;usg=AFQjCNGH_KeKvrTZMJ76_DpQR6p2KC_xaw\">Artificial Intelligence in Energy Market: Incremental Growth is Expected to be Worth $ 6.79 Billion &#8230;<\/a><\/p>\n<p><p>Artificial intelligence in energy market is expected to grow by <span class=\"xn-money\">USD 6.79 billion<\/span> during 2021-2025, according to Technavio. <\/p>\n<p class=\"prntac\"><b>Enterprises will go through the Response, Recovery, and Renew phases.<\/b><\/p>\n<p class=\"prntac\"><b>Download: Technavio&#8217;s Analysis on Market Size and Forecast: <\/b><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=1400323258&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR45192%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_rfs1_AI%26utm_content%3DIRTNTR45192&amp;a=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR45192\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR45192<\/a><\/p>\n<p><b>The market research report will aid clients to:<\/b><\/p>\n<ul>\n<li><b>Adjust their strategic planning<\/b>&nbsp;to move ahead once business stability kicks in. <\/li>\n<li><b>Build Resilience by&nbsp;<\/b>making effective resource and investment choices<b>&nbsp;<\/b>for individual business units, products, and service lines. <\/li>\n<li><b>Conceptualize scenario-based planning&nbsp;<\/b>to mitigate future crisis situations. <\/li>\n<\/ul>\n<p class=\"prntac\"><b>More Details: <\/b><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=1242110549&amp;u=https%3A%2F%2Fwww.technavio.com%2Freport%2Fartificial-intelligence-in-energy-market-industry-analysis%3Futm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_rep1_AI%26utm_content%3DIRTNTR45192&amp;a=https%3A%2F%2Fwww.technavio.com%2Freport%2Fartificial-intelligence-in-energy-market-industry-analysis\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.technavio.com\/report\/artificial-intelligence-in-energy-market-industry-analysis<\/a><\/p>\n<p><b>Key Considerations for Market Forecast:<\/b><\/p>\n<ul>\n<li>Impact of supply chain disruptions, demand destruction, and change in customer behavior <\/li>\n<li>Optimistic, probable, and pessimistic scenarios for all markets <\/li>\n<li>Quarterly impact analysis and updates on market estimates<\/li>\n<\/ul>\n<p class=\"prntac\"><b>Want to customize this report? We offer <span class=\"xn-money\">$1000<\/span> worth of&nbsp;FREE customization&nbsp;at the time of purchase<\/b><\/p>\n<p class=\"prntac\"><b>Speak to an Analyst: <\/b><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=3909855847&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR45192%26type%3Dcustomization%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_cust_AI%26utm_content%3DIRTNTR45192&amp;a=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR45192\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR45192<\/a><\/p>\n<p><b>Related Report on Information Technology Industries:<\/b><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=2359298221&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR41175%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_rsfrr1_AI%26utm_content%3DIRTNTR41175&amp;a=Artificial+Intelligence-as-a-Service+Market+by+End-user+and+Geography+-+Forecast+and+Analysis+2021-2025\" rel=\"nofollow noopener\" target=\"_blank\">Artificial Intelligence-as-a-Service Market by End-user and Geography &#8211; Forecast and Analysis 2021-2025<\/a><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=1128516773&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR70613%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_rsfrr2_AI%26utm_content%3DIRTNTR70613&amp;a=Artificial+Intelligence+(AI)+Market+in+Manufacturing+Industry+Market+by+Application+and+Geography+-+Forecast+and+Analysis+2021-2025\" rel=\"nofollow noopener\" target=\"_blank\">Artificial Intelligence (AI) Market in Manufacturing Industry Market by Application and Geography &#8211; Forecast and Analysis 2021-2025<\/a><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=2953279039&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR44235%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_rsfrr3_AI%26utm_content%3DIRTNTR44235&amp;a=Artificial+Intelligence+Platforms+Market+by+Deployment+and+Geography+-+Forecast+and+Analysis+2021-2025\" rel=\"nofollow noopener\" target=\"_blank\">Artificial Intelligence Platforms Market by Deployment and Geography &#8211; Forecast and Analysis 2021-2025<\/a><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=1305623453&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR44215%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_rsfrr4_AI%26utm_content%3DIRTNTR44215&amp;a=Applicant+Tracking+Systems+Market+by+Deployment+and+Geography+-+Forecast+and+Analysis+2021-2025\" rel=\"nofollow noopener\" target=\"_blank\">Applicant Tracking Systems Market by Deployment and Geography &#8211; Forecast and Analysis 2021-2025<\/a><\/p>\n<p><b>Major Three Artificial Intelligence In Energy Market Participants:<\/b><\/p>\n<p><b>ABB Ltd.<\/b><\/p>\n<p>ABB Ltd. operates its business under segments- Electrification, Industrial Automation, Motion, Robotics &amp; Discrete Automation, and Corporate and Other. The company offers ABB Ability Electrical Distribution Control System (EDCS) with AI-powered applications such as energy forecasting and intelligent alerts for efficient energy management.<\/p>\n<p><b>Alphabet Inc.<\/b><\/p>\n<p>Alphabet Inc. operates its business under segments- Google and Other Bets. The company offers a line of solutions such as project Sunroof and an end-to-end demo system, a machine learning model built on Google Cloud Platform using TensorFlow to monitor home appliances power behavior individually.<\/p>\n<p><b>Flex Ltd.<\/b><\/p>\n<p>Flex Ltd. operates its business under segments &#8211; High Reliability Solutions, Industrial and Emerging Industries, Communications &amp; Enterprise Compute, and Consumer Technologies Group. The company offers a line of advanced solar trackers and software systems such as TrueCapture and NX Navigator to improve power monitoring and control capabilities through its subsidiary Nextracker.<\/p>\n<p><b>Artificial Intelligence In Energy Market 2021-2025: Segmentation<\/b><\/p>\n<p>Artificial intelligence in energy market is segmented as below:<\/p>\n<ul>\n<li>Geography <\/li>\n<ul>\n<li><span class=\"xn-location\">North America<\/span> <\/li>\n<li><span class=\"xn-location\">Europe<\/span> <\/li>\n<li>APAC <\/li>\n<li>MEA <\/li>\n<li><span class=\"xn-location\">South America<\/span><\/li>\n<\/ul>\n<li>Solution <\/li>\n<ul>\n<li>Software <\/li>\n<li>Hardware <\/li>\n<li>Services<\/li>\n<\/ul>\n<\/ul>\n<p>Artificial intelligence in energy market is driven by the increasing adoption of cloud-based solutions. In addition, growing demand for data integration and visual analytics is also expected to trigger the artificial intelligence in energy market toward witnessing a decelerating CAGR of over 34% during the forecast period.<\/p>\n<p><b>Market Drivers<\/b><\/p>\n<p><b>Market Challenges<\/b><\/p>\n<p><b>Market Trends<\/b><\/p>\n<p><b>Vendor Landscape<\/b><\/p>\n<ul>\n<li>Vendors covered <\/li>\n<li>Vendor classification <\/li>\n<li>Market positioning of vendors <\/li>\n<li>Competitive scenario<\/li>\n<\/ul>\n<p><b>About Us<\/b><br class=\"dnr\">Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. <\/p>\n<p>Our growing client base relies on Technavio&#8217;s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.<\/p>\n<p><b>Contact<\/b><br class=\"dnr\">Technavio Research<br class=\"dnr\"><span class=\"xn-person\">Jesse Maida<\/span><br class=\"dnr\">Media &amp; Marketing Executive<br class=\"dnr\">US: +1 844 364 1100<br class=\"dnr\">UK: +44 203 893 3200<br class=\"dnr\">Email: <a href=\"https:\/\/www.prnewswire.com\/cdn-cgi\/l\/email-protection#711c1415181031051412191f1007181e5f121e1c\" rel=\"nofollow noopener\" target=\"_blank\"><span class=\"__cf_email__\" data-cfemail=\"e08d85848981a0948583888e8196898fce838f8d\">[email&nbsp;protected]<\/span><\/a><br class=\"dnr\">Report: <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3201195-1&amp;h=1373607810&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR45192%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dvendor.v.2_wk26_001_rfs2_AI%26utm_content%3DIRTNTR45192&amp;a=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR45192\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR45192<\/a><\/p>\n<p>SOURCE Technavio<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" alt data-src=\"https:\/\/i0.wp.com\/rt.prnewswire.com\/rt.gif?w=640&#038;ssl=1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/p>\n<h4> Related Links<\/h4>\n<p> <a title=\"Link to http:\/\/www.technavio.com\" href=\"http:\/\/www.technavio.com\" class=\"linkOnClick\" data-include rel=\"nofollow noopener\" target=\"_blank\">http:\/\/www.technavio.com<\/a><\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\">Adblock test<\/a><\/strong> <\/p>\n<p>Published at Mon, 21 Jun 2021 22:18:45 +0000<\/p>\n<p><a href=\"https:\/\/www.google.com\/url?rct=j&#038;sa=t&#038;url=https:\/\/www.fiercewireless.com\/tech\/intel-asks-cellwize-to-chime-to-boost-5g-vran&#038;ct=ga&#038;cd=CAIyHDkyYmU1MGQ5NjY1NjYxZTA6Y28udWs6ZW46R0I&#038;usg=AFQjCNH3VELGXah3hr-Xt3H10UCanknz3g\">Intel asks Cellwize to CHIME in to boost 5G vRAN<\/a><\/p>\n<p><div><img data-recalc-dims=\"1\" decoding=\"async\" data-src=\"https:\/\/i0.wp.com\/qtxasset.com\/fiercewireless\/1624310177\/artificial-intelligence-3382507_1280-2.jpg\/artificial-intelligence-3382507_1280-2.jpg?w=640&#038;ssl=1\" class=\"ff-og-image-inserted lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\"><\/div>\n<p>Intel teamed with automation and orchestration company Cellwize Wireless Technologies to boost 5G vRAN deployments, adding support for the latter\u2019s CHIME network&nbsp;optimization platform on its Xeon Scalable processors and FlexRAN reference software.<\/p>\n<p>Born out of a <a href=\"https:\/\/www.verizon.com\/about\/news\/verizon-cellwize-speed-deployment\">collaboration with Verizon<\/a> in July 2020, Cellwize\u2019s CHIME platform uses artificial intelligence and machine learning to automate RAN optimization, weighing a variety of factors to enable more efficient design and operation of cell sites.<\/p>\n<p>Cristina Rodriguez, VP and GM of the Wireless Access Network Division at Intel, told Fierce that integrating CHIME with its FlexRAN platform will open the door to \u201cnew innovations that are going to make the RAN smarter, that are going to provide an intelligent RAN that can make decisions so operators don\u2019t have to overprovision their network and they can be very efficient and they can have the best total cost of ownership. That\u2019s the idea.\u201d<\/p>\n<p>Cellwize CEO Ofir Zemer added in a statement the move will enable operators to deploy vRAN faster and reduce \u201coperating expenses to configure and activate cell sites.\u201d<\/p>\n<p>RELATED: <strong><a href=\"https:\/\/www.fiercewireless.com\/financial\/qualcomm-ventures-invests-four-tech-startups-to-build-5g-ecosystem\">Qualcomm Ventures invests in four tech startups to build 5G ecosystem<\/a><\/strong><\/p>\n<p>Mobile Experts principal analyst Joe Madden told Fierce he doesn\u2019t necessarily think \u201cmerchant AI tools will have much impact on the pace of vRAN deployment right now, but they will have an impact on the performance of vRAN farther down the line.\u201d He added such \u201cAI-based optimization will come into play in order to extract higher performance from the hybrid network.\u201d<\/p>\n<p>In late 2020, Intel\u2019s investment arm Intel Capital joined a handful of other big-name telecom players in <a href=\"https:\/\/www.fiercewireless.com\/financial\/qualcomm-ventures-invests-four-tech-startups-to-build-5g-ecosystem\">backing Cellwize financially<\/a>, leading a $32 million Series B funding round alongside Qualcomm Ventures. Verizon and Samsung\u2019s investment divisions also participated.<\/p>\n<p>RELATED:<strong> <a href=\"https:\/\/www.fierceelectronics.com\/electronics\/intel-busts-out-networking-gear-software-pre-mwc\">Intel busts out networking gear, software pre-MWC<\/a><\/strong><\/p>\n<p>Intel has staked out a key position in the vRAN market, with Rodriguez highlighting \u201ctremendous momentum\u201d behind the technology and noting its FlexRAN software now has more than 100 licensees. She pointed to Intel\u2019s work on vRAN with Verizon and <a href=\"https:\/\/www.fiercewireless.com\/operators\/dish-names-intel-as-vran-network-supplier\">Dish Network<\/a> in the U.S., Rakuten in Japan and <a href=\"https:\/\/www.fiercewireless.com\/tech\/intel-vmware-collaborate-vran\">Deutsche Telekom<\/a> in Europe as examples of its pole position.<\/p>\n<p>In a blog posted on Monday, Dan Rodriguez, GM of Intel\u2019s network platforms group, claimed \u201cnearly all commercial vRAN deployments are running on Intel technology\u201d today. In the coming years, the company expects vRAN base station deployments to ramp from hundreds to hundreds of thousands and eventually millions, he added.<\/p>\n<p>RELATED:<strong> <a href=\"https:\/\/www.fiercewireless.com\/tech\/it-s-now-or-never-for-vran-madden\">It\u2019s now or never for vRAN \u2014 Industry Voices: Madden<\/a><\/strong><\/p>\n<p>Madden also predicted \u201cstrong growth\u201d in vRAN deployments over the next two years. \u201cEssentially the market is changing from a few greenfield networks to some major operator networks during 2021 so we will see a major shift in the scale of deployment this year,&#8221; he said.<\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\">Adblock test<\/a><\/strong> <\/p>\n<p>Published at Mon, 21 Jun 2021 21:33:45 +0000<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Artificial Intelligence in Energy Market: Incremental Growth is Expected to be Worth $ 6.79 Billion&#8230;<\/p>\n","protected":false},"author":3,"featured_media":2336,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/techclot.com\/wp-content\/uploads\/2020\/08\/4G1jb9.jpg?fit=500%2C325&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3orZX-1z3","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts\/6017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/comments?post=6017"}],"version-history":[{"count":0,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts\/6017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/media\/2336"}],"wp:attachment":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/media?parent=6017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/categories?post=6017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/tags?post=6017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}