Collaboration will bring together AWS and IBM Open Data for Industries for a complete OSDU ™ data solution
Abu Dhabi, United Arab Emirates, November 15, 2021 / PRNewswire / – Today at ADIPEC, IBM (NYSE: IBM) and Amazon Web Services, Inc. (AWS), a company of Amazon.com, Inc. (NASDAQ: AMZN) announced that the two companies will combine the benefits of IBM Open Data for Industries for IBM Cloud Pak for Data and the AWS Cloud to serve energy customers. This complete solution is based on Red Hat OpenShift and will run on the AWS Cloud, making it easier for customers to run workloads in the AWS Cloud and on-premises. The two companies also intend to collaborate on the joint development of future features to provide greater flexibility and choice in where OSDU applications run.
As an IBM-sponsored IBM-sponsored white paper by IBM and Reuters revealed, the energy sector faces pressure 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.
The collaboration between IBM and AWS aims to accelerate the reduction of data barriers in the industry. 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.
“Much 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 of 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, ” said Bill Vass, vice president, engineering, AWS. “By 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 for this combined effort to help meet the needs of today’s energy companies with the flexibility to adapt to change as part of the energy transition.
“Data is a critical asset to help fuel the energy transition, but too often energy companies have to choose between running applications on-premises or in the cloud, and often every deployment uses a proprietary data format,” said Manish chawla, Global Managing Director, Energy, Resources and Manufacturing, IBM. “This means that instead of using all of this collective data to gather information, scale up operations and inform innovation, some of it was unused. Our collaboration with Amazon Web Services responds to 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 more easily adapt to changing industry. “
This collaboration underscores the value of IBM and Red Hat in providing flexibility and unlocking greater business value for operational data across industries.
ADIPEC Exhibition and Conference attendees are encouraged to attend a joint fireside session hosted at the AWS booth, Abu Dhabi Congress Center, Hall 13, AWS booth # 13360, at Monday November 15th 12:30 p.m. – 1:00 p.m. GMT +4. AWS and IBM will discuss this collaboration and industry challenges in more detail.
IBM combines technology with industry expertise to help oil and gas customers digitally reinvent their businesses for resilience and sustainability. IBM Research’s pioneering advances in materials science are accelerating the energy transition. Data science and AI take the guesswork out of exploration. Predictive asset management increases throughput. Supply chain and blockchain information builds trust and transparency in the downstream ecosystem. Customer experience experts are reshaping consumer connections to the gas pump or electric charging station. With these solutions, IBM is helping oil and gas customers become smarter. For more information visit: https://www.ibm.com/industries/oil-gas
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Contact: Allison Bishop, [email protected]