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SLB, a prominent energy technology enterprise, recently introduced a sophisticated artificial intelligence offering. This advancement, known as Tela, is set to revolutionize various aspects of oilfield service operations, promising enhanced efficiency and informed decision-making. The company views this digital leap as fundamental to its long-term expansion and profitability, particularly given the impressive growth already observed in its digital segment.

Advancing Oilfield Operations with AI Automation

SLB, a leading energy technology firm, has launched a novel artificial intelligence platform named Tela. This innovative tool is designed to streamline and automate complex procedures and workflows within the oilfield service industry. By integrating advanced AI capabilities, Tela seeks to empower businesses to leverage artificial intelligence for unlocking new avenues of growth and operational excellence. The system is engineered to function seamlessly across SLB's existing suite of applications and platforms, offering users an intuitive conversational interface for interaction.

The Tela AI agents are equipped to either collaborate with human operators or function autonomously, making critical decisions in diverse areas. These include, but are not limited to, the interpretation of well logs, the accurate prediction of potential drilling complications, and the optimization of equipment performance to ensure maximum efficiency. Rakesh Jaggi, SLB's president of Digital & Integration, underscored the long-term importance of AI to the company's trajectory, noting that the digital sector has been a primary contributor to SLB's financial gains. This segment recorded an impressive 11% increase in revenue during the third quarter compared to the second, reinforcing the strategic significance of such technological innovations.

SLB's Strategic Digital Expansion and Revenue Growth

The introduction of SLB's new AI product, Tela, marks a significant milestone in the company's strategic push towards digital sales growth and technological innovation. This artificial intelligence tool is poised to automate critical processes and workflows for oilfield service companies, enabling them to harness AI for substantial development. Tela's integration into SLB's comprehensive portfolio of applications and platforms will be a game-changer, providing users with a straightforward conversational interface for seamless interaction and operational control.

Tela's capabilities extend to collaborating with human teams or independently managing tasks, offering informed decisions on crucial operational aspects. This includes precise interpretation of well logs, proactive identification of drilling challenges, and sophisticated optimization of equipment output. The leadership at SLB, particularly Rakesh Jaggi, president of Digital & Integration, has consistently highlighted the pivotal role of AI in shaping the company's future success. This emphasis is further validated by the digital sector's robust performance, which saw an 11% surge in revenue from the second to the third quarter. SLB has recently begun reporting its digital business as a distinct division, forecasting double-digit year-over-year sales growth for this dynamic segment, underscoring its commitment to digital leadership.