IBM, Amazon Web Services Join Forces Offering Oil and Gas Industry Solutions to Accelerate Energy Transition

JAKARTADAILY.ID - International Business Machines, or IBM (NYSE: IBM), and Amazon Web Services Inc, an Amazon.com, Inc. company (NASDAQ: AMZN), announced a collaboration where 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.

In a statement dated November 23, 2021, IBM said 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 giant tech companies also intend to collaborate on further co-development of future functionality to provide greater flexibility and choice on where to run OSDU applications.  

IBM said a whitepaper it produced with Reuters (sponsored by IBM), found the global energy industry is facing pressure to reduce greenhouse gases as demand for affordable energy continues to rise.

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"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," IBM said in its November 23 statement.

"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," it said.

IBM said the collaboration between the company and AWS aims to accelerate the reduction of data barriers in the industry.

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What is IBM Open Data for Industries?

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.

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