Shell, C3 AI, Baker Hughes, & Microsoft Launch the Open AI Energy Initiative, an Ecosystem of AI Solutions to Help Transform ...
February 01 2021 - 5:00PM
Business Wire
Initial Offerings Include AI-Based Reliability
Applications to Improve Operational Efficiency for the Energy and
Process Industries
Shell (NYSE:RDS), C3 AI (NYSE:AI), Baker Hughes (NYSE:BKR), and
Microsoft (NASDAQ:MSFT) today announced the launch of the Open AI
Energy Initiative™ (OAI), a first-of-its-kind open ecosystem of
artificial intelligence (AI)-based solutions for the energy and
process industries. The OAI provides a framework for energy
operators, service providers, equipment providers, and independent
software vendors for energy services to offer interoperable
solutions, including AI and physics-based models, monitoring,
diagnostics, prescriptive actions, and services, powered by the
BHC3™ AI Suite and Microsoft Azure.
“This initiative is about combining the efforts of global
leaders to accelerate the digital transformation of the energy
industry to new, safe, and secure energy and to ensure climate
security,” said C3 AI CEO Thomas M. Siebel.
The first set of OAI solutions provided by Shell and Baker
Hughes are focused on reliability and designed to improve uptime
and performance of energy assets and processes. These reliability
solutions will serve as extensions to the current BHC3 Reliability
application, an AI-based application that provides reliability,
process, and maintenance engineers with AI-enabled insights to
predict process and equipment performance risks for the energy
industry. The application leverages the BHC3 AI Suite’s ability to
integrate enterprise-scale data from disparate data sources and
train AI reliability models that cover full plant operations while
taking full advantage of Azure, Microsoft’s scalable,
enterprise-class cloud infrastructure.
The OAI augments BHC3 Applications with partner-led,
domain-specific solutions that accelerate deployment of AI-based
reliability solutions to unlock significant economic value across
the energy industry while helping to make energy production
cleaner, safer, and more efficient. The initial OAI reliability
solutions offered by Shell and Baker Hughes enable interoperability
between BHC3 Reliability, OAI modules, and existing industry
solutions for such applications. Solutions available today include
proven and tested equipment- and process-specific modules with
pre-trained AI models, codified subject matter expertise,
low-latency data connectors, thermodynamic and operating parameter
libraries, global health monitoring services, deep diagnostics,
failure prevention recommendations, and prescriptive actions.
Shell is making modules available through the OAI,
including:
- Shell Predictive Maintenance for Control Valves
- Shell Predictive Maintenance for Rotating Equipment
- Shell Predictive Maintenance for Subsea Electrical Submersible
Pumps
Baker Hughes will offer OAI interoperability with a range of
existing technologies in the energy industry, including:
- iCenter – Turbomachinery Advanced Digital Services
- Bently Nevada System 1 Condition Monitoring Software
- Baker Hughes Valve Lifecycle Management
The Open AI Energy Initiative will augment Baker Hughes and C3
AI Applications, including:
- BHC3 Reliability
- BHC3 Production Optimization
- BHC3 Inventory Optimization
- C3 AI CRM
“Digital technologies and AI are helping us improve our core
business today and build the energy businesses of the future. Over
the last few years, we have been working with C3 AI to scale our
AI-based predictive maintenance solutions to reduce costs and
improve the productivity, reliability, and performance of our
assets,” said Shell Chief Technology Officer Yuri Sebregts. “We are
monitoring more than 5,200 pieces of equipment using machine
learning across upstream and downstream manufacturing as well as
integrated gas assets. We are excited to take this capability to
market and want to develop an open ecosystem where others can offer
AI solutions to help improve reliability across the industry.”
“Taking energy forward requires new approaches to technology
that leverage collaboration, open data standards, and cutting-edge
AI capabilities,” said Uwem Ukpong, executive vice president of
regions, alliances & enterprise sales at Baker Hughes. “Working
alongside our alliance partners at C3 AI and together with industry
leaders at Shell and Microsoft, the OAI will help address the
persistent industry challenge of nonproductive downtime. This new
ecosystem will leverage our strong existing BHC3 portfolio and is a
promising step in the digital transformation of energy.”
“Microsoft is committed to the transformation of the
energy sector and supporting solutions like the Open AI Energy
Initiative, which are contributing to the realization of these
transformation goals,” said Microsoft Vice President of Energy
Darryl Willis. “Digital technology is helping key industry areas
such as plant reliability and maintenance, and Microsoft’s
participation in the Open AI Energy Initiative will further advance
the transition to a net-zero emissions future.”
“The Open AI Energy Initiative is an early but clear reflection
of the direction the market is heading,” said Kevin Prouty, IDC
group vice president, energy and manufacturing insights. “With this
already-established alliance of leading organizations, including C3
AI, Shell, Baker Hughes, and Microsoft, the OAI is poised to
single-handedly establish the ecosystem of enterprise AI for the
energy industry.”
Learn more about the Open AI Energy Initiative and its
reliability solutions at
https://bakerhughesc3.ai/products/bhc3-oai/
About C3.ai, Inc.
C3.ai, Inc. (NYSE:AI) is a leading provider of enterprise AI
software for accelerating digital transformation. C3 AI delivers a
family of fully integrated products: C3 AI® Suite, an end-to-end
platform for developing, deploying, and operating large-scale AI
applications; C3 AI Applications, a portfolio of industry-specific
SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM
applications designed for AI and machine learning; and C3 AI Ex
Machina, a no-code AI solution to apply data science to everyday
business problems. The core of the C3 AI offering is an open,
model-driven AI architecture that dramatically simplifies data
science and application development. Learn more at: www.c3.ai
About Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales‚ has
its headquarters in The Hague and is listed on the London‚
Amsterdam‚ and New York stock exchanges. Shell companies have
operations in more than 70 countries and territories with
businesses including oil and gas exploration and production;
production and marketing of liquefied natural gas and gas to
liquids; manufacturing‚ marketing and shipping of oil products and
chemicals and renewable energy projects. For further information‚
visit www.shell.com.
About Baker Hughes
Baker Hughes (NYSE: BKR) is an energy technology company that
provides solutions to energy and industrial customers worldwide.
Built on a century of experience and with operations in over 120
countries, our innovative technologies and services are taking
energy forward – making it safer, cleaner and more efficient for
people and the planet. Visit us at bakerhughes.com.
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C3.ai Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai
Investor Relations IR@C3.ai
Shell Media Relations Laura van Lingen +31 (0)70 377 8750
Laura.vanLingen@shell.com
Baker Hughes Contacts: Media Relations Ashley
Nelson +1 925-316-919 Ashley.nelson1@bakerhughes.com
Investor Relations Jud Bailey +1 281-809-9088
investor.relations@bakerhughes.com
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