01/10/2021
Bridging the Gap: How GeoAI enables better decision-making
❞𝐀𝐈 𝐢𝐬 𝐟𝐚𝐫 𝐦𝐨𝐫𝐞 𝐩𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐭𝐡𝐚𝐧 𝐦𝐨𝐬𝐭 𝐩𝐞𝐨𝐩𝐥𝐞 𝐫𝐞𝐚𝐥𝐢𝐬𝐞. 𝐀𝐈 𝐢𝐬 𝐚𝐛𝐨𝐮𝐭 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐝𝐚𝐭𝐚, & 𝐖𝐞’𝐫𝐞 𝐣𝐮𝐬𝐭 𝐚𝐭 𝐭𝐡𝐞 𝐛𝐞𝐠𝐢𝐧𝐧𝐢𝐧𝐠 𝐨𝐟 𝐰𝐡𝐚𝐭 𝐀𝐈 𝐜𝐚𝐧 𝐝𝐨.❞
We’ve all heard that Big Data is a big deal. You may have even heard that Artificial Intelligence (AI) is a big deal. But have you heard about GeoAI? It’s the combination of Big Data and AI, and it’s the latest buzz in the data science world.
As the world becomes increasingly connected, organisations struggle to make sense of a growing amount of data. This rapid growth in data strains digital transformation initiatives. It is causing headaches for business leaders looking to improve their decision-making capabilities. Leading businesses in the Asia Pacific are deploying GeoAI to close the gap between data and insights. GeoAI is a powerful combination of geospatial AI technology and advanced analytics.
As technology advances, artificial intelligence (AI) can augment how assets are perceived and assessed. GeoAI is a geospatial solution that uses AI to automate much of the data collection process, enabling analysts to focus on more complex tasks. That’s why leading energy, mining and infrastructure organisations use GeoAI to bridge the gap between data collection and decision-making.
GeoAI is a new AI solution that uses multiple data sources and cutting-edge algorithms to help companies make informed decisions. This solution can help companies identify trends and patterns in their data more efficiently. GeoAI can be used in various industries, such as healthcare, retail, and energy. GeoAI also helps companies reduce the time it takes to make decisions. As a result, it’s expected that this solution will help businesses save money and increase their profits.
In a world where business is increasingly global, data grows exponentially, and decision-making is increasingly complex. We all need to be more thoughtful about managing that information. As the Leading GeoAI company, we focused exclusively on improving enterprise decision-making. OFO Tech has built a new generation of software that empowers organisations to make better decisions faster and more efficiently than ever before. At OFO Tech, we have been effectively assisting companies in implementing the technological application of AI, IoT with our in-house Reality and Real-time Project Monitoring & Asset Management, ENViS, and RÄISE.
Below are some examples of how GeoAI has been successfully deployed & its potential usage in multiple industries to solve problems and improve processes;
𝐄𝐧𝐞𝐫𝐠𝐲 & 𝐔𝐭𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
GeoAI technology allows energy companies to predict the failure of oil and gas field equipment. The new GeoAI technology uses large amounts of geological data, including well logs, to predict the probability of equipment failure. GeoAI technology is expected to change the way we do utility mapping in the future. The technology is expected to have a wide range of applications in the utility industry, including smart grid, smart cities, underground facilities location and asset management. GeoAI will give us a means to automatically generate accurate maps of underground assets with minimal manual intervention. It will also allow us to build our customised models for different utilities.
𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
With the increase in population, there has been immense pressure on agricultural land, leading to a reduction in the area under agriculture. However, with the introduction of Artificial Intelligence (AI) and Geospatial Information Systems (GIS), it has become possible to use technology to plan and optimise agricultural land use.
𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧𝐬 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
GeoAI is an intelligent system that performs automatic inspections of construction sites. It can recognise irregularities in the form of cracks, displacement of walls, deviations in geometry, etc. GeoAI can be used in mega constructions, such as dams and bridges, to minimise the time for site supervision and significantly reduce costs. It can also reduce the workforce used for surveying tasks while also improving the efficiency of construction processes.
𝐑𝐞𝐚𝐥-𝐄𝐬𝐭𝐚𝐭𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
GeoAI technology helps people buy and sell homes with greater transparency and accuracy. With GeoAI, real estate agents and brokers can create virtual representations of the properties they list. These 3D visualisations allow potential buyers to explore listings in detail, from multiple angles and perspectives, without ever setting foot in the home. In addition, GeoAI based technology allows real estate managers to decide strategic new stores location, partner with local governments to improve their city planning and find the best sites for logistics centres.
To explore more about digitalising your way of doing business, contact us at:
[email protected]
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Visit www.ofo.my
