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Wed 6 May 2020 05:45 PM

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Adnoc's AI, Big Data-powered Panorama Centre generates $1bn in 3 years

During the Covid-19 pandemic, Panorama has been used by Adnoc for simulations and scenario planning.

Adnoc's AI, Big Data-powered Panorama Centre generates $1bn in 3 years

During the covid-19 pandemic, Panorama has been used by Adnoc for simulations and scenario planning.

The Abu Dhabi National Oil Company’s (Adnoc) Panorama Digital Command Centre has generated over $1 billion in business value since being implemented three years ago, the company has announced.

The Panorama system aggregates real-time information from Adnoc’s 14 subsidiary and JV companies and used analytical models, AI and Big Data to generate operational recommendations.

During the covid-19 pandemic, Panorama has been used by Adnoc for simulations and scenario planning.

“The importance of embedding digital technology in businesses has never been greater and Adnoc's continuous investment in digital transformation over the last three years allows us to be more resilient, agile and responsive in navigating today’s market landscape,” said Abdul Nasser Al Mughairbi, Adnoc’s senior vice president, digital.

“Our Panorama Digital Command Centre acts as our ‘eyes on the ground’ and enables speed, accessibility, and integration across our operations – key attributes that are required to make smart business decisions,” he added.

In the future, Al Mughairbi said that Adnoc plans to “advance projects” for other digital efforts, including expanded AI solutions, blockchain applications and digital modelling capabilities.

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