IBM and Amazon Web Services join forces to help the oil and gas industry
IBM and Amazon Web Services (AWS) will combine the benefits of IBM Open Data for Industries for IBM Cloud Pak for Data and the AWS Cloud to serve energy customers.
The collaboration between IBM and AWS aims to accelerate the reduction of data barriers in the oil and gas industry.
This complete solution is based on Red Hat OpenShift and will run on the AWS cloud, simplifying the ability for customers to run workloads in the AWS cloud and on-premises, the two companies announced at Adipec in Abu Dhabi, from November 15 to 18.
The two companies also intend to collaborate on the joint development of future features to provide greater flexibility and choice in where to run OSDU applications.
As an IBM-Reuters and IBM-sponsored white paper revealed, the energy sector faces pressures to reduce greenhouse gases as demand for affordable energy continues to rise .
Energy companies need solutions that help increase efficiency in order to free up capital, time and resources to invest in finding new, more sustainable sources of energy for the future.
Data and digital technologies can help navigate this transition, but an IBM survey found that less than half of those surveyed in the oil and gas industry are using data to drive this innovation. Part of the reason is that most of the digitization effort has been done in proprietary closed systems, hampering the potential to combine and maximize the value of data.
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 is built on Red Hat OpenShift, the Kubernetes platform and industry-leading open architecture, designed for enterprises to run and operate applications universally.
Through this collaboration, customers will gain the flexibility to run OSDU Data Platform applications in the AWS Cloud or on-premises while meeting data residency requirements. Combined with the extensive cloud infrastructure of AWS cloud services, this data platform can help energy companies reduce the costs, time and resources required to leverage data to gain insight, streamline operations and shift to sustainable energy production.
âMuch of the data needed to solve complex energy challenges, such as superior subsoil decisions, already exists, but is untapped. This is because one of the greatest values ââof this data is derived when it can be combined effectively, but typically this data is locked down by data residency requirements, legacy applications, or proprietary data formats, âa said Bill Vass, vice president, engineering, AWS. âBy working with IBM and leveraging Red Hat OpenShift, we will be able to offer customers a comprehensive and seamless offering with the flexibility to operate on virtually any IT infrastructure and drive digital innovation to more. long term. “
The OSDU Forum is a cross-industry collaboration that provides a vendor-independent framework for companies to develop data platforms that meet common energy industry standards. By working together, IBM and AWS will accelerate the value of this platform for global customers. The aim is that this combined effort will help meet the needs of today’s energy companies with the flexibility to adapt to change as part of the energy transition.
âData is a critical asset to help fuel the energy transition, but too often energy companies have to choose between running applications on premise or in the cloud, and often every deployment uses a proprietary data format,â said Manish Chawla. , Global Managing Director, Energy, Resources and Manufacturing, IBM. âThis means that instead of using all of this collective data to gather information, scale up operations and inform innovation, some of it was not being used. Our collaboration with Amazon Web Services addresses the need to facilitate energy customers’ access to their data and provides the industry with a flexible solution to meet today’s challenges, as well as to adapt. more easily to changes in the industry.
This collaboration underscores the value of IBM and Red Hat in providing flexibility and unlocking greater business value for operational data across industries. TradeArabia News Service