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IBM Invades Oil Industry Through Its Partnership with Schlumberger

  /  Uncategorized   /  IBM Invades Oil Industry Through Its Partnership with Schlumberger

IBM Invades Oil Industry Through Its Partnership with Schlumberger

Oil companies have sensitive data stored at hybrid cloud.

The oil industry is a global market of importance. Until a revolution on electric vehicles and alternative of aviation fuel comes, oil industry’s flag will fly high. However, to complement the existing growth, companies are adopting hybrid cloud systems into the field.

What is hybrid cloud?

Hybrid cloud is a solution that combines a private cloud with one or more public cloud services, with proprietary software enabling communication between each distinct service. Greater flexibility is leveraged by hybrid cloud strategy in business as the workload is moved between cloud solutions. The system is a powerful source because it provides business control over their private data. A hybrid cloud relies on a single platform of management, unlike a multi-cloud strategy wherein administrators must manage each cloud environment separately.

Here are some of the advantages of hybrid cloud

  • Security- Private Data clouds like hybrid are a secure place to store data as the inputs are stored behind a firewall and accessible only tot eh enterprise. It is the best place for storing sensitive data.
  • General control and customization- It has servers that fit the enterprise’s preferences.
  • Flexibility- Ability to move non-sensitive datato a public cloud to accommodate sudden burst of demands on the private cloud.

Uses of hybrid cloud at the oil and gas industry

Oil industries have a lot of sensitive private data that needs to be protected. Data is considered as an asset as it composes of possibilities and openings in the field. It is one of the major reasons why oil and gas-related companies started taking hybrid cloud functions seriously. The value of oil companies is largely tied up in geological and geophysical data and the interception expertise of specialists.

The new trend in the oil industry is remote working and monitoring. The ability to access files securely on the fly through any internet-enabled device is a huge benefit to transient oil and gas staff. The technology takes all the work at an employees fingertip with the help of hybrid data.

Placing storage in the cloud neglects the need to manage and maintain onsite storage and complicated backup solutions. It is far better than making hard copies of every transaction and deals and storing it in between the walls. Professional cloud-based solutions are hosted in physically secure datacentres behind secure firewalls, completely eradicating the worry of file storage and file security.

IBM collaborates with oil service giant Schlumberger (SLM)

IBM is a company well known for its innovation for almost a century now. IBM has been coming up with technological solutions for a lot of issues and extended its invention in various industries. Now, the company is partnering with oilfield service giant Schlumberger (SLB) to dig more into the oil and gas fields.

The partnership is a breakthrough that facilitates huge changes by creating a digital platform where oil and gas companies can access real-time data and software that gives them a competitive advantage.

The partnership focuses on two vital key aspects,

  • Private, hybrid or multi-cloud deployment of the DELFI cognitive E&P environment enabled by Red Hat OpenShift to significantly expand access for customers.
  • Delivering the first hybrid cloud implementation of the OSDU data platform (the open data platform for the industry).

Schlumberger is taking IBM for its ‘hybrid cloud’ technology which will let the company manage data using multiple clouds in addition to their own on-premises servers. It relies on software from Red Hat, which IBM acquired for a whopping $34 billion in July 2019 which made it easier to move data between those various spaces. By moving the tools onto IBM’s hybrid-cloud platform, Schlumberger’s software will now be available to any oil and gas company globally, regardless of how they store their data.

As a further technology compliment, the platform will layer DELFI onto IBM technology to provide digital tools to oil and gas companies which rely heavily on computing-heavy processes like surveying a drilling site. The software could, for example, help determine if the soil and landscape in a certain area are good for drilling, or which angle is the best to drill to access the most oil over time.

This is just the beginning of oil and gas giants taking technology aspects to look at hints. If other major oil companies follow suit, then it will make bring the whole features of AI and its applications into the industry.