Collaboration Will Bring Together AWS and IBM Open Data for
Industries for a Comprehensive OSDU™ Data Solution
ABU DHABI, United Arab
Emirates, Nov. 15, 2021
/PRNewswire/ -- Today at ADIPEC, IBM (NYSE: IBM) and Amazon
Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:
AMZN) announced 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 comprehensive
solution is built 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 also intend to
collaborate on further co-development of future functionality to
provide greater flexibility and choice on where to run OSDU
applications.
As an IBM and Reuters whitepaper, sponsored by IBM,
found, the energy industry is facing pressure to reduce
greenhouse gases as demand for affordable energy continues to rise.
Energy companies need solutions that help drive efficiencies to
free up capital, time and resources to invest in discovering new,
more sustainable energy sources for the future. Data and digital
technologies can help to navigate this transition, yet an IBM
survey found that less than half of oil and gas executive
respondents are using data to drive that innovation. This is in
part because most of the digitization efforts have been in
proprietary closed systems, hindering the potential to combine and
maximize the value of data.
The collaboration between IBM and AWS aims to accelerate
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 built on Red Hat OpenShift, the
industry's leading Kubernetes platform and open architecture,
designed so that companies can run and operate applications
universally. With this collaboration, customers will gain the
flexibility to run OSDU Data Platform applications in the AWS cloud
or on-premises while addressing data residency requirements.
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.
"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," said Bill
Vass, vice president, engineering, AWS. "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."
The OSDU Forum is a cross-industry collaboration that provides a
vendor-neutral framework for companies to develop data platforms
against common energy industry standards. By working together, IBM
and AWS will accelerate the value of this platform for global
customers. The goal is that this combined effort will help serve
the needs of energy companies today 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."
This collaboration underscores the value of IBM and Red Hat to
provide flexibility and unlock greater business value for
operational data across industries.
Those attending the ADIPEC Exhibition and Conference are
encouraged to attend a joint, fireside session hosted at the AWS
booth, Abu Dhabi Convention
Centre, Hall 13, AWS booth #13360, on Monday, Nov. 15th 12:30pm
- 1:00pm GMT +4. AWS and IBM will further discuss this
collaboration and meeting the challenges of the industry.
About IBM
IBM combines technology with industry expertise to help Oil &
Gas clients digitally reinvent their businesses for resilience and
sustainability. Pioneering advances in materials science from IBM
Research accelerate energy transition. Data science and AI take the
guesswork out of exploration. Predictive asset management raises
production throughput. Supply chain insights and blockchain build
trust and transparency across the downstream ecosystem. Customer
experience experts reshape consumer connections at the gas pump or
electric charge station. Through these solutions IBM helps Oil
& Gas clients emerge smarter. For further information
visit: https://www.ibm.com/industries/oil-gas
Red Hat, the Red Hat logo and OpenShift are trademarks or
registered trademarks of Red Hat, Inc. or its subsidiaries in the
U.S. and other countries.
IBM's statements regarding its plans, directions, and intent
are subject to change or withdrawal without notice at IBM's sole
discretion. Information regarding potential future products
is intended to outline our general product direction and it should
not be relied on in making a purchasing decision. The information
mentioned regarding potential future products is not a commitment,
promise, or legal obligation to deliver any material, code or
functionality. Information about potential future products may not
be incorporated into any contract. The development, release, and
timing of any future features or functionality described for our
products remains at our sole discretion.
Contact: Allison Bishop,
allison.bishop@ibm.com
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