Baker Hughes Collaborates With C3 AI, Accenture and Microsoft on Industrial Asset Management Solutions

Photo credit: Pixabay

Baker Hughes is collaborating with C3 AI, Accenture and Microsoft on industrial asset management (IAM) solutions for clients in the energy and industrial sectors.

The announced collaboration will focus on creating and deploying Baker Hughes IAM solutions that use digital technologies to help improve the safety, efficiency and emissions profile of industrial machines, field equipment, and other physical assets. Applying their individual strengths, the four companies will collaborate on Baker Hughes IAM capabilities that help optimize plant equipment, operational processes and business operations through improved uptime, increased operational flexibility, capital planning and energy efficiency management.

The solutions will be designed for industries including oil and gas; renewable energy and thermal power generation; metals and mining; chemicals; and pulp and paper.

Baker Hughes, C3 AI, Accenture and Microsoft will also explore collaborating on solutions that help achieve net zero carbon emissions and decarbonize energy and industrial sectors, including emissions management.

“This collaboration accelerates our growth strategy to provide differentiated IAM solutions that enhance our customer’s industrial operations by optimizing the performance of industrial equipment and processes,” said Lorenzo Simonelli, Baker Hughes chairman and CEO. “IAM connects industrial data to domain-specific insights for improved efficiencies and lowered energy use and emissions. We see this as an important step to support the industry’s net zero targets.”

Baker Hughes, C3 AI, Accenture and Microsoft have a history of strategic collaboration, and each company brings specific expertise to accelerate IAM solution development for energy and industrial applications. 

C3 AI will provide a flexible artificial intelligence (AI) application development platform that complements Baker Hughes technologies as well as extensive experience developing and deploying applications at scale for a wide range of equipment used across industries.

Accenture will help drive product innovation, design and development and provide strategic support and systems integration at scale, drawing on its experience to transform asset management across industries to help improve profitability and reduce risk.

Microsoft will provide secure cloud infrastructure for big data, advanced Microsoft Azure services including AI, Internet of Things (IoT), high performance computing (HPC) as well as modern work and business applications.

“This is an important effort, and we’re excited to participate in providing the core Enterprise AI technology,” said C3 AI Chairman and CEO Thomas M. Siebel. “Enterprise AI software is critical for increasing performance and ROI from industrial assets management solutions.”