An open ecosystem of interoperable AI solutions for the energy industry
The energy industry is on the cusp of a major transformation. Digitally transforming every aspect of energy operation is a top priority for most companies. A McKinsey survey, delivered as part of a 12-week study for BHC3, shows that 75% of potential customers surveyed consider digital transformation as a top strategic priority for their organizations
While there are many technology solutions in the market, they are error-prone, difficult to scale, and incompatible with one another, causing many AI efforts to stall, produce sub-optimal results, or fail completely. At the same time, digital talent with added energy industry domain knowledge is hard to find and retain.
The industry needs a platform for sharing codified subject-expert knowledge to boost efficiency and productivity across upstream, midstream, and downstream oil and gas operations. This is only possible through a collaborative effort to accelerate digital transformation and the adoption of AI solutions.
In early 2021, C3 AI, Shell, Baker Hughes, and Microsoft launched the Open AI Energy Initiative (OAI), the first enterprise-class, open ecosystem of AI-based offerings built for the energy industry. Featuring proven-at-scale solutions from Shell’s operations and Baker Hughes portfolio of reliability solutions, the OAI provides the energy industry an ability to pool its collective AI capabilities and address the challenges of operational efficiency and energy transition.
With an easy-to-understand explanation of the Open AI Energy ecosystem, the benefits of being a contributor and/or a customer, an explanation of the technology underpinnings of the OAI ecosystem, and insights into OAI solutions at work in the field, this solution brief is a valuable resource for any Oil & Gas leader considering accelerating the digital transformation of their operations.