IBM, Amazon partner to extend reach of data tools for oil companies

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

International Business Machines Corp and Amazon.com Inc's Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data.

said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data.to create a technology to turn data from more than a century of oil production, largely from paper records, into a standardized format for multinational oil companies to improve efficiency across their operations.

IBM and Amazon said they have worked together to resolve that problem. Using IBM technology called OpenShift, oil companies can use the oil-industry cloud data tools in their privately owned data centers within their countries. Bill Vass, vice president of engineering at AWS, said expanding the reach of the data tools would also help oil companies add non-petroleum assets such as wind and solar to their portfolios. Renewable energy requires producers to know their output at various locations at different times.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'I Tried This $11 TikTok-Viral Amazon Foundation On My Dry, Sensitive Skin'Catrice's $11 HD Liquid Coverage Foundation is TikTok famous, lightweight, has a natural finish, is affordable, and available in 26 long lasting shades. It is time that the poor be given back their voice, because for too long their requests have remained unheard. This is what you think women's health means? Come on.
Source: Women's Health - 🏆 475. / 51 Read more »

Macy’s CEO, a department store veteran, fights to fit in the Amazon future of retailCan a department store CEO who cut his teeth in the old world of physical stores retail lead Macy's into the e-commerce future? Totally Agreed with Macy’s CEO👍 Future is blend of Stores Mall & digital online . Macy’s has one of the best world class stores in awesomenes Malls around the 🇺🇸. Future is to be ready with alloptions &stores are great asset & trend is changing now WE like stores more😊🛍 Love the Macy’s stores. And they are beautiful and Holidays gets the feelof Holidays by these wonderful decorated stores and we shop more as we love our festive holidays celebrations shopping in stores. Thanks Macy’s for these
Source: CNBC - 🏆 12. / 72 Read more »

The Best Secret Santa Gifts Under $25 (That You Can Buy on Amazon)Whether you’re playing with family, friends, or co-workers, drawing the name of someone whose interests you barely know — or someone you really want to impress (e.g., the big boss) — can pose a daunting gifting challenge strategist This is like the biggest opportunity I had in making money from the comfort of the home, gratitude to Geoffreypreud this is really amazing..... I'm counting the racks like never before about $15,800. I think my job is actually a waste of time. Thank you Mr Geoffrey send a DM strategist
Source: NYMag - 🏆 111. / 63 Read more »

Yes, Stylish Fall Boots Can Be Found on AmazonThis slim-fitted boot features a block heel so you get the height without sacrificing comfort. One reviewer confirms, 'Durable and well-made! We get tons of cold & snow during the winter months so these boots are perfect. They are very comfy.'
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

22 Amazon Dresses Under $50 Backed by Raving Reviews'Never before have I ever gasped when I've tried a dress on before'
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »