Maana and Miscrosoft have announced their collaboration during the CERAWeek last week in Houston. The collaboration will entail the integration of the Maana’s Knowledge Platform™ with the Microsoft’s Azure.
Microsoft aims to accelerate digitization in the oil and gas industry with the help of artificial intelligence startup Maana, which Microsoft says will give its cloud computing platform Azure another competitive edge.
Maana – whose investors include energy companies Shell, Saudi Aramco and Chevron – has formed a strategic partnership with Microsoft to integrate its data analytics tools into the tech giant’s cloud computing software, Microsoft Azure.
Maana’s energy customers control 26 percent of the world’s oil and gas production, so the partnership has the potential to impact decision-making at some of the world’s biggest energy companies.
The partnership will allow Azure’s customers to easily link into to Maana’s “knowledge platform”, a cloud-based set of software tools that uses artificial intelligence and machine learning to analyze and interpret huge swaths of data to help Fortune 500 companies make business decisions – like how to reduce the risk of corrosion in refineries or increase an oil well’s efficiency.
Maana’s existing customers –who include companies like Shell, GE and Chevron – will also have access to Azure’s tools and services if they don’t use them already.
The partnership is another boost to Microsoft’s Azure, which like other cloud computing platforms, is aiming to be at the forefront of the energy industry’s ongoing digitization. Data interpretation is now seen as a potential profit-making machine for oil majors that need to sift through billions of data sets a day to make everyday operations and long-term investments decisions more accurate.
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