Microsoft and Halliburton team up to ‘digitally transform’ the oil and gas industry
Technology giants Microsoft and Halliburton have announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry.
“Halliburton is focused on delivering intelligent cloud solutions to drive the next generation of efficient oil and gas exploration and production,” said Jason Zander, corporate vice president of Microsoft Azure.
“We are excited to bring the power of Azure’s hyperscale, hybrid and global cloud platform technologies to this alliance to enhance the value chain for our mutual customers.”
The new collaboration will see staff from both companies leverage Microsoft technologies in fields such as the Industrial Internet of Things, machine learning and augmented reality alongside Azure’s high performant infrastructure and built in computing capabilities to deliver integrated solutions “across the energy value chain,” according to a statement announcing the new partnership.
The new alliance is already underway, with Halliburton’s DecisionSpace 365 available on Azure, facilitating real-time data streaming from IoT edge devices in oilfields and the ability to apply deep-learning models to optimise drilling and production to lower costs for customers.
“Halliburton is at the forefront of the digital transformation occurring in the E&P industry,” said Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Solutions. “We believe open architecture and community-based innovation are necessary to drive this fundamental change and we’re proud to work closely with an industry leader like Microsoft to deliver tailored E&P digital business solutions to our customers across the globe.”
Through the collaboration, the companies will be able to apply voice and image recognition, video processing and AR/Virtual Reality to create a digital representation of a physical asset using Microsft’s HoloLens and Surface devices. Additionally, Microsoft and Halliburton will utilise digital representation for oil wells and pumps at the IoT edge using the Landmark Field Appliance V2 and Azure Stack.
