Companies can use AI technology to reduce costs by up to 20 % , claims Siemens . The German technology has teamed with utility company Bentley Systems to launch a service analysing power plants ’ energy efficiency . The technology can predict operational changes based on patterns in the data , to make the system more efficient . The current focus is power plants , but Siemens emphasises that the technology could be harnessed in industries as diverse as manufacturing and mobility .
Companies can use AI analytics to cut costs by up to 20%, claims Siemens. The German conglomerate has teamed with software company Bentley Systems to launch a service analysing power plants’ energy usage. The technology can suggest operational changes based on patterns in the data, to make the plant more efficient. The current focus is power plants, but Siemens emphasises that the technology could be harnessed in industries as diverse as healthcare and mobility.