C3 AI and Shell Extend Strategic Collaboration to Reshape Global Energy and Resource Industries with Enterprise AI
June 01 2021 - 8:00AM
Business Wire
Comprehensive Suite of Enterprise AI-based
Solutions Delivers Significant Value Across Asset Operations
C3 AI (NYSE:AI), a leading enterprise AI software provider, and
Shell (NYSE:RDS) today announced a five-year renewal of their
strategic agreement to accelerate the deployment of enterprise AI
and ML applications on the C3 AI® Suite across Shell. This renewal
is a significant expansion of the relationship C3 AI and Shell
initially developed several years ago. The primary objective of the
agreement is to address reliability, asset integrity, and process
optimization across Shell businesses.
Today’s announcement builds upon the launch earlier this year of
the Open AI Energy Initiative™ (OAI), a first-of-its-kind open
ecosystem of AI solutions to help transform the energy industry.
The OAI, launched by C3 AI, Shell, Baker Hughes, and Microsoft,
provides a framework for energy operators, service providers,
equipment providers, and independent software vendors for energy
services to offer interoperable solutions, including enterprise AI
and physics-based models, monitoring, diagnostics, prescriptive
actions, and services, powered by the BHC3™ AI Suite and Microsoft
Azure. With this expansion, C3 AI and Shell will accelerate the
adoption of enterprise AI applications within Shell and across the
wider energy market.
“The Shell.ai program has been a foundational element in the
development of our digital strategy, and C3 AI has been a key
partner in helping to scale our innovative products,” said Shell
CTO Yuri Sebregts. “We now see enterprise AI technology becoming
mainstream and are excited by the potential as we seek to transform
the energy system.”
“The need to accelerate the digital transformation of the energy
industry and to ensure climate security has never been greater,”
said C3 AI Chairman and CEO Thomas M. Siebel. “Together with Shell,
we are committed to driving cleaner energy and climate initiatives
globally through the power of tried, tested, and scalable
enterprise AI-based solutions. Our collaboration will shape the
global market for AI/ML applications in the energy and resource
industries.”
“C3 AI is an integral part of enabling Shell’s deployment of
enterprise AI solutions at scale,” said Shell CIO Jay Crotts. “We
are continuing our journey to replicate and scale our solutions in
the areas of reliability, asset optimization, and integrity
management, while exploring applications in subsurface workflows.
Our predictive maintenance solutions, built on the C3 AI Suite
platform, have realized value through increased reliability and
reduction in cost. The adoption of enterprise AI and data-centric
workflows are changing how we work with our assets and driving
efficiency across our businesses.”
For more information on C3 AI and Enterprise AI solutions, visit
https://c3.ai/what-is-enterprise-ai/.
About C3.ai, Inc.
C3.ai, Inc. (NYSE:AI) is a leading provider of Enterprise AI
software for accelerating digital transformation. C3 AI delivers a
family of fully integrated products: C3 AI® Suite, an end-to-end
platform for developing, deploying, and operating large-scale AI
applications; C3 AI Applications, a portfolio of industry-specific
SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM
applications designed for AI and machine learning; and C3 AI Ex
Machina, a no-code AI solution to apply data science to everyday
business problems. The core of the C3 AI offering is an open,
model-driven AI architecture that dramatically simplifies data
science and application development. Learn more at: www.c3.ai.
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version on businesswire.com: https://www.businesswire.com/news/home/20210601005108/en/
C3 AI Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai
Investor Relations ir@c3.ai
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