Baker Hughes (BHGE) and C3.ai are launching the first artificial intelligence (AI) software application since the time both the companies formed a joint venture. The application is focused on delivering digital transformation technologies that will increase the productivity levels for the oil and gas industry.
BHGE is a GE company with expertise in oil and gas, while C3.ai delivers an AI software suite. The companies had formed the joint venture to drive new levels of productivity for the oil and gas industry. The first application unveiled at the annual digital conference of BHGE, UNIFY2019, is called as BHC3 Reliability.
“This application is a demonstration of how the BakerHughesC3.ai team is moving with speed to address the need for AI applications that deliver increased productivity, efficiency, and safety for oil and gas businesses,” said Derek Mathieson, chief marketing and technology officer, BHGE.
“BHC3 Reliability delivers the system-wide insights from data that are only possible with the use of leading AI and machine learning technology.”
This deal will bring AI in the oil and gas portfolio of services to improve the overall performance by continuously aggregating massive real-time data from the entire system. The new model will help in predicting the problems that can lead to equipment failure to enable the operators to act quickly and prevent downtime.
The BHC3 Reliability’s model is also applicable to various assets and processes for offshore and onshore platforms, petrochemical plants, refineries, compressor stations, and other infrastructure.
Ed Abbo, President and CTO of C3.ai in a statement said that the release of BHC3 Reliability will be made soon after the two companies get a clear signal if the integration of these technologies uniquely delivers value to oil and gas industry “by quickly deploying domain-specific advanced AI applications for diverse use cases across the energy value chain.”
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