AWS, IBM to support oil and gas industry in energy transition

/ Oil & Gas / Tuesday, 16 November 2021 05:24

Amazon Web Services, Inc. (AWS) and IBM will combine the benefits of IBM Open Data for Industries for IBM Cloud Pak for Data and the AWS Cloud to serve energy sector. The solution is built on Red Hat OpenShift and will run on the AWS Cloud and on-premises.

The solution will allow energy companies to use the power of data to drive innovation even as the industry faces pressure to reduce greenhouse gases as demand for affordable energy continues to rise.

IBM Open Data for Industries is an open-source solution using the OSDU data foundation for the oil, gas and energy industry. IBM Open Data for Industries is fully integrated with IBM Cloud Pak for Data for easy data management, and built on Red Hat OpenShift. Combined with the expansive cloud infrastructure of AWS cloud services, this data platform can help energy companies reduce the cost, time and resources needed to leverage the data to derive insight, streamlining operations and transition to sustainable energy generation.

Commenting on the partnership, Bill Vass, vice president, engineering, AWS said, “Much of the data needed to solve the complex energy challenges, such as superior subsurface decisions, already exists, yet is untapped. This is because one of the greatest values of that data is derived when it can be effectively combined, but usually this data is locked by data residency requirements, legacy applications or proprietary data formats.”

Meanwhile, Manish Chawla, global managing director, energy, resources and manufacturing, IBM said, “Data is a critical asset to help fuel energy transition, yet too often energy companies must choose between running applications on-premises or in the cloud, and often each deployment uses a proprietary data format. This means that rather than using all of that collective data to gather insights, augment operations and inform innovation, some of it was going unused. Our collaboration with Amazon Web Services is addressing the need to make it easier for energy customers to access their data and provides the industry with a flexible solution to meet the challenges of today, as well as more easily adapt as the industry evolves.”

This collaboration underscores the value of IBM and Red Hat to provide flexibility and unlock greater business value for operational data across industries.

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