AIQ to work with AWS to accelerate digital transformation in energy sector

The companies will develop an Innovation Factory team who will work to develop new solutions that boost operational efficiency across the energy sector’s value chain

AIQ, a technology firm focused on the artificial intelligence (AI)-powered transformation of the energy sector, has announced that it is working with Amazon Web Services (AWS) to accelerate digital transformation across the energy sector.

In a statement, AIQ said that the agreement will see both entities develop an Innovation Factory to foster collaboration in key focus areas, including enhancing the AIQ Data ecosystem’s performance by leveraging AWS’s resources and technologies, and adding new features and building collaborative AI solutions for the energy industry.

The Innovation Factory team, which will include AWS and AIQ specialists, will work to develop new solutions that boost operational efficiency across the energy sector’s value chain.

In July 2022, PNC Menon, Chairman of Sobha Group said that digital transformation strengthens real estate resilience.

Omar Al Marzooqi, CEO of AIQ said, “Public and private sector partnerships are pivotal to achieve our desired goal of deploying AIQ’s AI-driven solutions across the energy sector regionally and internationally, and boosting the impact of our solutions.”

“By working with AWS, AIQ can help the Innovation Factory unlock more value by adding new features to our existing and pilot projects, creating an added wave of innovation for our services. We are confident this work will yield significant results and support the future of energy.”

The solutions developed by the Innovation Factory will be available in AWS Marketplace, a digital catalogue of applications from independent software vendors that makes it easy to find, test, buy, and deploy software that runs on AWS.

Later in July 2022, Verdantix urged building facility managers to secure building systems against cyber-attacks.

“We are excited to work with AIQ to develop the Innovation Factory, which will help accelerate the delivery of AI-based solutions for the energy industry,” said Howard Gefen, General Manager, Energy & Utilities, AWS.

He concluded, “Combining AIQ AI expertise and AWS technologies will build the foundations that will help energy companies innovate and digitally transform.”

In October 2022, Fred Crehan, Area Vice President, Emerging Markets at Confluent said that smart cities will require forward-focused data management.

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