g-f(2)1682 How Chevron Uses AI to Boost Efficiency and Safety Across the Value Chain

 

genioux Fact post by Fernando Machuca, Claude, and Bing Chatbot

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Introduction

The article "Operational Safety With AI: Chevron’s Ellen Nielsen" discusses how Chevron is using AI and machine learning across its operations to drive efficiency, safety, and sustainability, focusing on the perspective of Chief Data Officer Ellen Nielsen.

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"Chevron is leveraging AI innovations like digital twins, computer vision, sensors, and citizen development to make operations safer, more reliable, and more efficient." — Fernando Machuca and Claude

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As Chevron's first Chief Data Officer, Ellen Nielsen is spearheading the use of data and AI to support the company's strategy of higher returns, lower carbon, and safe operations, including through digital twins to simulate refinery processes and robot tank inspections for safety.

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1. Chevron uses AI like computer vision and robots to inspect tanks, improving safety by removing the need for confined space entry.
2. Sensors and industrial internet of things devices feed data to predict maintenance needs and operate assets more reliably.
3. Digital twins of facilities like refineries optimize flows and predictively drive decisions for efficiency.
4. "Rockopedia" provides machine learning models rock composition data to better extract oil and gas from reservoirs.
5. Chevron upskills employees on AI via digital scholar and data science programs in collaboration with MIT and Rice University.
6. Citizen development puts secured AI/ML tools into employees' hands for self-service efficiency.
7. Generative AI is enabling faster document creation, better collaboration with knowledge bases.
8. Policy governance and tools for responsible AI development are still evolving with generative models.
9. Chevron envisions AI improving health care and potentially helping address climate change issues.
10. Safety and security considerations dictate what AI technologies can be proliferated across the company.

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Conclusion

Chevron's multifaceted AI strategy aims to leverage data and analytics to drive safety, efficiency, and sustainability across its integrated operations while upskilling workers and responsibly adopting cutting-edge innovations.

REFERENCE

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Sam Ransbotham and Shervin Khodabandeh, Operational Safety With AI: Chevron’s Ellen Nielsen",  MIT Sloan Management Review, ME, MYSELF, AND AI podcast, EPISODE 805, December 5, 2023.

Me, Myself, and AI" podcast

"Me, Myself, and AI" is a podcast on artificial intelligence in business, co-hosted by Sam Ransbotham from Boston College and Shervin Khodabandeh from BCG¹². The podcast seeks to understand why only 10% of companies succeed with AI¹²³. 

In each episode, the hosts talk to leaders who have achieved significant wins with AI in their companies, aiming to learn from their experiences¹²³. The podcast covers a wide range of industries and applications of AI, from manufacturing and driver experience in the automotive industry², to the use of AI in public sector and its impact on citizens worldwide².

The podcast is available on all major platforms and new episodes are released regularly¹. It's a valuable resource for anyone interested in understanding the practical applications of AI in business and the strategies that lead to success¹²³.

Source: Conversation with Bing, 10/24/2023

(1) Me, Myself, and AI - MIT Sloan Management Review. https://sloanreview.mit.edu/audio-series/me-myself-and-ai/.

(2) ‎Me, Myself, and AI on Apple Podcasts. https://podcasts.apple.com/us/podcast/me-myself-and-ai/id1533115958.

(3) Get Podcast Updates on Me, Myself, and AI - MIT Sloan Management Review. https://sloanreview.mit.edu/podcast-mitsmr-bcg-me-myself-and-ai/.

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ABOUT THE HOSTS

Sam Ransbotham

Sam Ransbotham is a Professor of Analytics at the Boston College, Carroll School of Management¹²³. He earned a bachelor’s degree in chemical engineering, an MBA, and a PhD, all from the Georgia Institute of Technology¹²³. He teaches “Machine Learning and Artificial Intelligence” and “Analytics in Practice”¹²³.

In addition to his teaching role, Sam serves as a Senior Editor at Information Systems Research, an Associate Editor at Management Science, and an Academic Contributing Editor at the MIT Sloan Management Review¹. He co-hosts the “Me, Myself, and AI” podcast, which is available on all major platforms¹².

During the academic year 2022-2023, he is a visiting scholar at Harvard Business School². He has been recognized for his analytics-based research in security with an NSF CAREER Award from the National Science Foundation¹. He was also honored with an INFORMS ISS Sandy Slaughter Early Career Award¹.

Before earning his doctorate, Sam was the founder and principal of a software company with a globally diverse client list¹. His research interests include IT security, artificial intelligence, and the strategic use of IT¹.

Source: Conversation with Bing, 10/24/2023

(1) Sam Ransbotham - Carroll School of Management - Boston College. https://www.bc.edu/bc-web/schools/carroll-school/faculty-research/faculty-directory/sam-ransbotham.html.

(2) Sam Ransbotham. https://www.samransbotham.com/.

(3) Sam Ransbotham - Faculty & Research - Harvard Business School. https://www.hbs.edu/faculty/Pages/profile.aspx?facId=657597&view=featured-work.

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Shervin Khodabandeh

Shervin Khodabandeh is a Senior Partner and Managing Director at Boston Consulting Group (BCG), and the co-leader of BCG GAMMA, BCG's AI practice, in North America¹². He has nearly 20 years of experience in driving business impact from AI and digital analytics¹. He has worked with premier brands across the globe in consumer, retail, financial services, travel, energy, and healthcare¹².

Shervin is an expert in organization-wide analytics transformation. He has helped numerous companies devise their analytics strategy, drive growth and margin through analytics solutions, and build strong internal teams and capabilities¹. Prior to joining BCG, Shervin helped co-found a pure play big data analytics firm, Opera Solutions, where he was the global head of consulting¹².

He holds a PhD in Chemical Engineering from the California Institute of Technology¹. He has two patents for engineering inventions and has published multiple articles². Shervin is also a TED speaker and co-hosts the "Me, Myself, and AI" podcast².

Source: Conversation with Bing, 10/24/2023

(1) Shervin Khodabandeh - Boston Consulting Group. https://www.bcg.com/about/people/experts/shervin-khodabandeh.

(2) Shervin Khodabandeh | Speaker | TED. https://www.ted.com/speakers/shervin_khodabandeh?ref=resnovae.io.

(3) Shervin Khodabandeh - Muck Rack. https://muckrack.com/shervin-khodabandeh.

(4) Learning From and With AI: Duolingo’s Zan Gilani. https://sloanreview.mit.edu/audio/learning-from-and-with-ai-duolingos-zan-gilani/.

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Source: Conversation with Bing, 11/27/2023

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Source: Conversation with Bing, 11/27/2023

(1) “genioux facts”:. https://www.geniouxfacts.com/.

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Source: Conversation with Bing, 11/27/2023

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References

“genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1682, Fernando Machuca, Claude and Bing Chatbot, December 6, 2023, Genioux.com Corporation.

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