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Chevron to fuel digital transformation with Microsoft partnership

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With the concept of the ‘digital oilfield’ ascendant, Chevron has this week announced a seven-year partnership with Microsoft, establishing the software giant as Chevron’s primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things (IoT) to drive performance and improve efficiencies.
The partnership has established Microsoft as Chevron's primary cloud provider, accelerating the application of advanced technologies.
Under the terms of the deal, Chevron will move its development of  new applications to Microsoft’s cloud service Azure, as well as gradually shift over legacy data and applications already in operation. In addition, Microsoft and Chevron will share research and development and embed technical staff with each other.

The Microsoft partnership is part of Chevron’s overall digitalisation initiative, a multi-year effort to streamline information technology operations around a digital core, connecting the company’s engineers and operations through nimble analytics and increased automation.

It is expected that the digital transformation will have a major impact upon Chevron’s exploration, reservoir management, production operations, midstream logistics and marketing operations.

Commenting on the announcement, Bill Braun, Chief Information Officer for Chevron, said:

“Chevron has a long history of applying advanced technologies to develop the energy that improves lives and powers the world. We also understand scale, and the cloud at hyper-scale is something we intend to leverage for agility and efficiency. Through this strategic partnership, we believe Chevron will have a competitive advantage.”

“The volumes and velocity of real time data we obtain from the reservoir through refineries to the retail pump grows at a dramatic pace every year. Our Microsoft relationship will advance our high-performance computing, IoT, and help capitalise on innovation in data science and machine learning.”

Tom Keane, head of global infrastructure for Microsoft Azure saw the announcement as a great opportunity to see how digitalisation can improve oil exploration, commenting:

“Chevron is a very sophisticated consumer of data, compute and IoT.”

“While they’re excellent today at high-performance computing, the intent of this partnership is ‘How can we bring that together with Microsoft Azure and more efficiently do oil exploration? Or more efficiently do sensor management from an offshore rig?’”
Tags: Oil & Gas
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Chevron to fuel digital transformation with Microsoft partnership - Time to read 2 min
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