GLENDALE, Calif., Nov. 20, 2018 /PRNewswire/ -- Beyond Limits, a leading developer of advanced artificial intelligence (AI) solutions, today announced the company's upcoming participation in the Oil & Gas Council's World Energy Capital Assembly (WECA). Since its inaugural assembly in 2008, the event has attracted executives, financiers, and investors from all over the world. The 10th annual conference will be hosted from December 3–4, 2018 at the Hilton Park Lane hotel in London's Mayfair district. The keynote address on "Digitalization – Is the Oil and Gas sector keeping up?" will be presented by Beyond Limits' CEO, AJ Abdallat.
For the past decade, Europe's largest energy conference has brought together international leaders in energy, gas, oil, business, finance, and investment. This year's conference will tackle the existing oil industry in comparison to the burgeoning natural gas market, as well as the question of competitive pricing, strategies for LNG Market Development, emerging and reemerging investment opportunities, and the deals and E&P milestones that occurred throughout the year. Thought leadership panels will follow each keynote speech to further elaborate the topics under discussion. The conference will close with an elegant Awards Dinner to recognize outstanding industry achievements.
"Beyond Limits is proud to support and sponsor an event that addresses key technology issues that have a continuing impact on the energy industry. The Oil & Gas Council brings top people from all over the world to one place," says Beyond Limits' CEO AJ Abdallat. "We welcome the opportunity to discuss AI technology at intersection of oil & gas, finance, and investment with global industry leaders."
According to Statista, the US used nearly 27.1 trillion cubic feet of natural gas and 913.3 million metric tons of oil in 2017, making it the largest consumer of both commodities in the world. Worldwide interest in renewable energy is also on the rise, with many forward-looking companies investing in long-term strategies to reduce carbon emissions. To date, the largest final energy consumers are the industrial sectors of agriculture, construction, manufacturing, and mining. The purpose of WECA is to explore and clarify where the interests of finance and energy collide.
The 2018 London conference marks Beyond Limits' second collaboration with the Oil and Gas Council. Launched in 2014, Beyond Limits produces cognitive AI systems with human-like reasoning available to transform the performance of industrial and enterprise operations and systems. The company leverages advanced technologies developed at Caltech's famed Jet Propulsion Laboratory (JPL) for the NASA space program, as well as breakthrough technology innovations originated by Beyond Limits scientists and engineers. These applied AI capabilities have also made Beyond Limits the smart choice for subsurface oil and gas exploration and production. Beyond Limits has brought its unique approach to cognitive intelligence to bear on industries such as energy, fintech, healthcare, and logistics. A 2018 winner of a Silver Stevie® Award and an AI Tech Trailblazers Award, Beyond Limits has been covered in Forbes, Fortune, Entrepreneur, ZDNet, the Financial Times, the International Business Times, and the Wall Street Journal.
About Beyond Limits
Beyond Limits is a unique AI company, with proud Caltech/JPL heritage in our leadership team, and advanced technology developed for the NASA space program. Founded in 2014, Beyond Limits is transforming proven technologies from Caltech and NASA's Jet Propulsion Lab into advanced AI solutions, hardened to industrial strength, and put to work for forward-looking companies on earth. Beyond Limits leverages this unparalleled innovation portfolio, along with the company's breakthrough cognitive technology, to go beyond conventional AI, blending deep learning and machine learning tools together with symbolic AIs that emulate human reasoning. For more information, please visit www.beyond.ai.
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SOURCE Beyond Limits
