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IBM & AWS Collaborate On Data Solution for Oil Industry

IBM & AWS Collaborate On Data Solution for Oil Industry

IBM and Amazon Web Services, Inc. (AWS), has just announced that the two companies will combine the benefits of IBM Open Data for Industries (from IBM Cloud Pak for Data) and the AWS Cloud to help energy companies reduce the cost, time and resources needed to leverage data for sustainable energy generation.

The comprehensive solution which is built on Red Hat OpenShift and will run on the AWS Cloud, is design to help simplify the ability for customers to run workloads in the AWS cloud and on-premises.

“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. By collaborating with IBM and leveraging Red Hat OpenShift, we will be able to offer customers a global, seamless offering with the flexibility to run on virtually any IT infrastructure and drive longer-term digital innovation,” said Bill Vass, vice president, engineering, AWS.

With this collaboration, customers are expected to gain the flexibility to run OSDU (Open Subsurface Data Universe) Data Platform applications in the AWS cloud or on-premises, aiming to help serve the needs of energy companies with flexibility to adapt to change amid energy transition.

“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,” said Manish Chawla, global managing director, energy, resources and manufacturing, IBM.

“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.”

The two companies also plan to collaborate on further co-development of future functionality to provide more flexibility and choice on where to run OSDU applications while accelerating the value of the platform for global customers.