Remove 2050 Remove Modeling Remove Optimization Remove Risk
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Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

Many countries have committed to reaching net zero by 2050, aligning with the Paris Agreement’s goal to limit global warming to well below 2 degrees Celsius. trillion to the global economy by 2050. And they could drive economic gains: Research shows markets for carbon-neutral goods and services may be worth $10.3

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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

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Swiss energy services company uses machine learning to see the future

CIO Business Intelligence

That changed in 2017 when Swiss voters approved an energy act that would reduce the country’s dependency on fossil fuels by 2050. The increased transparency allows IWB to quickly mitigate risks and develop short- and long-term countermeasures. As solar PV systems are added, the calculation methods automatically adapt.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

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National Grid’s energy transformation is fueled by IT

CIO Business Intelligence

These capabilities allow us to reduce business risk as we move off of our monolithic, on-premise environments and provide cloud resiliency and scale,” the CIO says, noting National Grid also has a major data center consolidation under way as it moves more data to the cloud. Talent, data, and cloud operating models.

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Defining a new era of exponential companies

CIO Business Intelligence

Instead, many digitized analog-first processes and bolted them onto aging operating models. Companies will miss out if they make assumptions about business and operational models without reflecting on the possibilities afforded by AI. In short, modern operating models will be the enabler of business transformation.

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Holistic asset management for utility network companies

IBM Big Data Hub

The grid itself must green to operate within the environmental, social and governance (ESG) objectives and become carbon neutral by 2050. Economical optimization must factor in new market dynamics and ensure reliable operation. Finding the right balance requires load forecasting and simulation to prevent net congestion.