IBM And Amazon Form Partnership To Serve Energy, Oil, And Gas Sectors

Written by Valdemar Medeiros

Published on 20/11/2021 at 20:39

Updated on 20/11/2021 at 20:40

Aplicação de Tecnologia AWA no mercado de energia, petróleo e gás – créditos: Amazon

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To Meet The Demand Of The Energy, Oil And Gas Sectors With Cost Reductions, Time, And Many Others, IBM Have Formed A Partnership With Amazon For Executing Applications On The AWS Cloud

Amazon and IBM announced that they will combine the advantages of IBM Open Data for Industries for AWS Cloud and IBM Ckloud Oark for data to serve clients in the energy, oil, and gas sectors. The goal is to simplify clients’ ability to manage workloads. The two companies also intend to work together in creating future functionalities to provide greater flexibility and options for where to run OSDU, another application.

IBM And Amazon Contribute To The Energy, Oil And Gas Sector

The energy sector is under pressure to reduce greenhouse gas emissions as the demand for affordable energy continues to increase. Companies need solutions that contribute to enhancing efficiency, time, and resources to invest in discovering new sources of renewable energy.

Digital technologies and data have the capability to help navigate such change, but IBM conducted a study and found that about half of executives in the oil and gas sector are using data to foster innovation. This is partly because most digitization efforts have been in closed proprietary systems, preventing the potential to maximize and combine data value.

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Partnership Will Help Reduce Costs For Energy, Oil And Gas Sector Companies

For IBM, with Amazon’s agreement, customers will have greater flexibility to run data platform applications on-premises or on AWS cloud and meet data residency requirements.

According to the company, alongside Amazon’s expansive cloud infrastructure, the data platform can assist companies in reducing costs, resources, and time needed to leverage data to optimize operations, transition to clean energy, and more.

Companies Comment On Partnership

For Amazon’s Vice President of Engineering, Bill Vass, much of the data needed to solve complex energy problems already exists, but it’s not being utilized. This happens because one of the highest values of this data comes from its effective combination, but they are blocked by legacy applications, data residency, or proprietary data formats.

Together with IBM, it will be possible to provide clients with an efficient and global range with the flexibility to be used in any IT infrastructure, fostering digital innovation and contributing to the energy, oil, and gas sector.

Meanwhile, IBM’s Global Managing Director of Energy, Resources, and Manufacturing, Manish Chawla, states that data is a critical asset to aid the advancement of the energy transition, but often, companies have to choose between running applications in the cloud or on-premises, and generally each implementation uses a proprietary data format.

IBM And Amazon Form Partnership To Serve Energy, Oil, And Gas Sectors

To Meet The Demand Of The Energy, Oil And Gas Sectors With Cost Reductions, Time, And Many Others, IBM Have Formed A Partnership With Amazon For Executing Applications On The AWS Cloud

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IBM And Amazon Form Partnership To Serve Energy, Oil, And Gas Sectors

To Meet The Demand Of The Energy, Oil And Gas Sectors With Cost Reductions, Time, And Many Others, IBM Have Formed A Partnership With Amazon For Executing Applications On The AWS Cloud

Also Read

IBM And Amazon Contribute To The Energy, Oil And Gas Sector

Partnership Will Help Reduce Costs For Energy, Oil And Gas Sector Companies

Companies Comment On Partnership

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