Baker Hughes Collaborates with C3 AI, Accenture and Microsoft on Business Asset Control Answers
HOUSTON and Redwood Town, Calif.; March 22, 2022 – Power generation corporate Baker Hughes (NASDAQ: BKR) is participating with C3 AI (NYSE: AI), Accenture (NYSE: ACN) and Microsoft on business asset control (IAM) answers for shoppers within the power and business sectors.
The collaboration will center of attention on growing and deploying Baker Hughes IAM answers that use virtual applied sciences to lend a hand enhance the security, potency, and emissions profile of commercial machines, box apparatus, and different bodily property. Making use of their particular person strengths, the 4 corporations will collaborate on Baker Hughes IAM features that lend a hand optimize plant apparatus, operational processes, and trade operations via progressed uptime, greater operational flexibility, capital making plans, and effort potency control.
The answers will likely be designed for industries together with oil and gasoline; renewable power and thermal energy technology; metals and mining; chemical substances; and pulp and paper.
Baker Hughes, C3 AI, Accenture and Microsoft may also discover participating on answers that lend a hand reach net-zero carbon emissions and decarbonize power and business sectors, together with emissions control.
“This collaboration hurries up our enlargement technique to offer differentiated IAM answers that support our buyer’s business operations by way of optimizing the efficiency of commercial apparatus and processes,” stated Lorenzo Simonelli, Baker Hughes chairman and CEO. “IAM connects business knowledge to domain-specific insights for progressed efficiencies and decreased power use and emissions. We see this as the most important step to give a boost to the {industry}’s net-zero goals.”
Baker Hughes, C3 AI, Accenture and Microsoft have a historical past of strategic collaboration, and every corporate brings particular experience to boost up IAM answer construction for power and business programs. Baker Hughes will supply domain-specific virtual experience and generation for business shoppers, together with main condition-monitoring device for venture essential equipment, business asset technique advisors, confirmed gadget and kit edge sensor and similar controls features, endeavor AI features from the BakerHughesC3.ai alliance for oil and gasoline and business programs, and proprietary authentic apparatus producer (OEM) analytics. Baker Hughes’ IAM portfolio additionally comprises the new acquisition of ARMS Reliability and a strategic alliance with Augury.
C3 AI will supply a versatile synthetic intelligence (AI) utility construction platform that enhances Baker Hughes applied sciences in addition to intensive revel in creating and deploying programs at scale for a variety of apparatus used throughout industries.
Accenture will lend a hand power product innovation, design and construction and supply strategic give a boost to and techniques integration at scale, drawing on its revel in to turn out to be asset control throughout industries to lend a hand enhance profitability and scale back possibility.
Microsoft will supply protected cloud infrastructure for large knowledge, complex Microsoft Azure services and products together with AI, Web of Issues (IoT), prime efficiency computing (HPC) in addition to fashionable paintings and trade programs.
“That is the most important effort, and we’re excited to take part in offering the core Undertaking AI generation,” stated C3 AI Chairman and CEO Thomas M. Siebel. “Undertaking AI device is significant for expanding efficiency and ROI from business property control answers.”
“Via this distinctive collaboration, we’re serving to corporations embed intelligence throughout their operations to extend efficiency and protection, advance decarbonization targets, and power higher innovation and competitiveness,” stated Julie Candy, chair and CEO of Accenture.
“In combination, we’ve an incredible alternative to ship cloud-based applied sciences throughout shoppers’ business operations that permit them to scale back prices and build up efficiencies whilst advancing their internet 0 targets,” stated Judson Althoff, Microsoft’s government vp and Leader Business Officer.
About Baker Hughes
Baker Hughes (NYSE: BKR) is an power generation corporate that gives answers to power and business shoppers international. Constructed on a century of revel in and with operations in over 120 nations, our leading edge applied sciences and services and products are taking power ahead – making it more secure, cleaner, and extra environment friendly for other people and the planet. Consult with us at bakerhughes.com.
About C3.ai, Inc.
C3 AI is the Undertaking AI utility device corporate. C3 AI delivers a circle of relatives of absolutely built-in merchandise together with the C3 AI Suite, an end-to-end platform for creating, deploying, and running endeavor AI programs and C3 AI Programs, a portfolio of industry-specific SaaS endeavor AI programs that permit the virtual transformation of organizations globally.
About Accenture
Accenture is a world skilled services and products corporate with main features in virtual, cloud and safety. Combining unrivaled revel in and specialised abilities throughout greater than 40 industries, we provide Technique and Consulting, Interactive, Era and Operations services and products — all powered by way of the sector’s biggest community of Complex Era and Clever Operations facilities. Our 699,000 other people ship at the promise of generation and human ingenuity each day, serving shoppers in additional than 120 nations. We embody the facility of trade to create price and shared luck for our shoppers, other people, shareholders, companions and communities. Consult with us at accenture.com.
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Contacts:
Ashley Nelson
Baker Hughes Media Family members
+1 925 316 9196
Ashley.Nelson1@bakerhughes.com
Jud Bailey
Baker Hughes Investor Family members
+1 281 809 9088
investor.family members@bakerhughes.com
Lisa Kennedy
Edelman for C3 AI
+1 415 914 8336
pr@c3.ai
C3 AI Investor Family members
ir@c3.ai
Man Cantwell
Accenture
+1 281 900 9089
man.cantwell@accenture.com
