LyondellBasell Signs Five-Year Expanded Contract with C3 AI to Accelerate Enterprise AI
March 07 2022 - 9:00AM
Business Wire
C3 AI (NYSE: AI), the leading Enterprise AI software provider,
and LyondellBasell (NYSE:LYB), a leader in the global chemical
industry, today announced a five-year expansion of their strategic
agreement to accelerate the deployment of enterprise, data-driven
AI and machine-learning applications on the C3 AI® Suite across
LyondellBasell.
Since the start of their collaboration in 2020, LyondellBasell
and C3 AI have accelerated value creation by developing solutions
to improve asset optimization, supply chain optimization, and plant
reliability for the company.
“LyondellBasell is a global showcase success story in
large-scale enterprise digital transformation,” said C3 AI CEO
Thomas M. Siebel. “Our work with LyondellBasell is extraordinarily
innovative in the digital space. We believe our close collaboration
will shape the global market for enterprise AI applications in the
chemicals industry.”
Building on a strong culture of operational excellence,
LyondellBasell will utilize C3 AI’s cutting-edge technology and
real-time data management platform to transform the company’s
operations, generate value for its shareholders and customers, and
advance competitiveness. The synergistic alliance will enable
LyondellBasell to achieve the next level of performance and on its
path to become the enterprise of the future.
“C3 AI is at the core of LyondellBasell’s digital
transformation,” said Anup Sharma, SVP Global Business Services,
LyondellBasell. “Through an industry leading approach, we will
leverage strategic relationships to accelerate our journey and
continue to unlock trapped value, improve the safety and
reliability of our assets, and increase efficiency across the
entire value chain.”
For more information on C3 AI and Enterprise AI solutions, visit
https://c3.ai/what-is-enterprise-ai/.
About C3 AI
C3 AI is the Enterprise AI application software company. C3 AI
delivers a family of fully integrated products including the C3 AI
Suite, an end-to-end platform for developing, deploying, and
operating enterprise AI applications and C3 AI Applications, a
portfolio of industry-specific SaaS enterprise AI applications that
enable the digital transformation of organizations globally.
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C3 AI Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai
Investor Relations ir@c3.ai
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