To meet demand from the energy, oil and gas sectors while reducing costs, time, and more, IBM has partnered with Amazon to run applications on the AWS cloud.

Amazon and IBM have announced that they will combine advantages of IBM Open Data for Industries protocols for AWS Clouds and the IBM Ccloud Oak for data to serve customers in the energy, oil and gas sectors. The goal is to simplify customers' ability to manage workloads. The two companies also intend to work together on creating future functionality to provide greater flexibility and options on where to run OSDU, another application.

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IBM and Amazon contribute to the energy, oil and gas industry

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

Digital technologies and data have the ability to help navigate such a shift, but IBM conducted a study and found that nearly half of oil and gas executives are using data to drive innovation. This is in part because most digitization efforts have been on closed proprietary systems, precluding the potential to maximize and combine the value of data.

The collaboration between IBM and Amazon aims to drive the reduction of data barriers in the industry. IBM Open Data for Industries is an open source solution that uses OSDU to support the energy, oil and gas industry.

Partnership will help reduce costs for companies in the energy, oil and gas sector

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

According to the company alongside Amazon's expansive cloud infrastructure, the data platform can help companies reduce the costs, resources and time needed to leverage data to optimize operations, make the shift to clean energy, and more. .

Companies pronounce on partnership

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

Together with IBM, it will be possible to provide customers 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.

IBM's Global Managing Director of Energy, Resources and Manufacturing, Manish Chawla, says that data is a critical asset to help advance the energy transition, but many times, companies must choose between running applications in the cloud or on-premises, and generally each implementation uses a proprietary data format.