Halliburton Forms Strategic Agreement With Microsoft and Accenture to Advance Digital Capabilities
July 17 2020 - 8:00AM
Business Wire
Halliburton (NYSE: HAL), Microsoft Corp. (Nasdaq: MSFT) and
Accenture (NYSE: ACN) today announced they have entered into a
five-year strategic agreement to advance Halliburton’s digital
capabilities in Microsoft Azure.
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Under the agreement, Halliburton will complete its move to
cloud-based digital platforms and strengthen its customer offerings
by:
- Enhancing real-time platforms for expanded remote
operations,
- Improving analytics capability with the Halliburton Data Lake
utilizing machine learning and artificial intelligence, and
- Accelerating the deployment of new technology and applications,
including SOC2 compliance, for Halliburton’s overall system
reliability and security.
“The strategic agreement with Microsoft and Accenture is an
important step in our adoption of new technology and applications
to enhance our digital capabilities, drive additional business
agility and reduce capital expenditures,” said Jeff Miller,
Halliburton chairman, president & CEO. “We are excited about
the benefits our customers and employees will realize through this
agreement, and the opportunity to further leverage our open
architecture approach to software delivery.”
“Moving to the cloud allows companies to create market-shaping
customer offerings and drive tangible business outcomes,” said
Judson Althoff, executive vice president, Microsoft’s Worldwide
Commercial Business. “Through this alliance with Halliburton and
Accenture, we will apply the power of the cloud to unlock digital
capabilities that deliver benefits for Halliburton and its
customers.”
The agreement also enables the migration of all Halliburton
physical data centers to Azure, which delivers enterprise-grade
cloud services at global scale and offers sustainability benefits.
Accenture will work closely with Microsoft, in conjunction with
their Avanade joint venture, to help transition Halliburton's
digital capabilities and business-critical applications to Azure.
Accenture will leverage its comprehensive cloud migration
framework, which brings industrialized capabilities together with
exclusive tools, methods, and automation to accelerate
Halliburton’s data center migration and provide for additional
transformation opportunities.
“Building a digital core and scaling quickly across a business
is only possible with a strong foundation in the cloud,” said Julie
Sweet, chief executive officer, Accenture. “Halliburton recognizes
that this essential foundation will provide the innovation,
efficiency and talent advantages to do things differently and fast.
We are proud to be part of this transformational change, which
builds on our long history working with Halliburton and
Microsoft.”
The companies expect to complete the staged migration by
2022.
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) is the leading platform and
productivity company for the mobile-first, cloud-first world, and
its mission is to empower every person and every organization on
the planet to achieve more.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
approximately 50,000 employees, representing 140 nationalities in
more than 80 countries, the company helps its customers maximize
value throughout the lifecycle of the reservoir – from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
company’s website at www.halliburton.com. Connect with Halliburton
on Facebook, Twitter, LinkedIn, Instagram and YouTube.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services in strategy and consulting,
interactive, technology and operations, with digital capabilities
across all of these services. We combine unmatched experience and
specialized capabilities across more than 40 industries — powered
by the world’s largest network of Advanced Technology and
Intelligent Operations centers. With 513,000 people serving clients
in more than 120 countries, Accenture brings continuous innovation
to help clients improve their performance and create lasting value
across their enterprises. Visit us at www.accenture.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200717005090/en/
For Microsoft
Microsoft Media Relations WE Communications for Microsoft (425)
638-7777 rrt@we-worldwide.com
For Halliburton
Investors: Abu Zeya Halliburton, Investor Relations
Investors@Halliburton.com 281-871-2633
Media: Emily Mir Halliburton, Public Relations
PR@Halliburton.com 281-871-2601
For Accenture
Christian Harper Accenture Media Relations
Christian.harper@acccenture.com 516-434-8615
Accenture (NYSE:ACN)
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