Amazon Web Services and IBM Help Oil & Gas Companies Accelerate

As a result of this partnership, IBM Cloud Pak for Data customers and Amazon Web Services can benefit from IBM Open Data for Industries and Amazon Web Services Cloud. With this comprehensive solution, customers can run workloads in the AWS cloud and on-premises, thanks to Red Hat OpenShift running on the AWS cloud. Moreover, the two companies will collaborate on co-development of future features to provide OSDU users with more flexibility and choice over where to run their applications.

According to an IBM and Reuters whitepaper, sponsored by IBM, the energy industry faces increasing pressure to reduce greenhouse gas emissions, as the demand for cheap energy grows. To invest in the discovery of new, more sustainable energy sources, energy companies need solutions that drive efficiencies.

Data and digital technologies can help oil and gas executives navigate this transition, however IBM survey data indicates less than half are using data to drive innovation. The main reason is that most of the digitization efforts have been conducted in proprietary closed systems, making it more difficult to combine and maximize the value of data.

Through the collaboration between IBM and Amazon Web Services, it is hoped the industry will reduce data barriers faster. A solution for the oil, gas, and energy industry based on the OSDU data foundation is IBM Open Data for Industries.

As part of IBM Open Data for Industries, IBM Cloud Pak for Data is integrated for easy data management, and OpenShift is designed to run and operate applications everywhere, and is like the industry’s leading Kubernetes platform.

The collaboration will allow OSDU Data Platform customers to run their applications in the AWS cloud or on-premises while meeting data residency requirements. This data platform combines with AWS cloud services to help companies leverage data to derive insights, streamlining operations and transitioning to sustainable energy production while reducing the cost, time and resources needed to do so.

Platforms built by companies using OSDU Forum standards can be developed using a vendor-neutral framework. With IBM and Amazon, global customers will be able to take advantage of this platform more quickly. Together, this effort will help energy companies meet the demands of today while being flexible enough to adapt to change amid the energy transition.

Having IBM and Red Hat collaborate on operational data demonstrates the value IBM and Red Hat bring to businesses across a wide variety of industries.