Microsoft scores another major cloud deal in the energy business
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Chevron is one of the world’s leading energy companies. It has subsidiaries around the world involving in in virtually every part of the energy industry. Today, Chevron announced that it has signed a seven year multi-million dollar partnership with Microsoft. Chevron has selected Microsoft as its primary cloud provider to accelerate its work in data analytics and the Internet of Things (IoT). Microsoft Azure will allow Chevron’s IT team to enable more advanced technologies, as well as optimize exploration, reservoir management, production operations, midstream logistics and marketing operations.
“Chevron has a long history of applying advanced technologies to develop the energy that improves lives and powers the world. We also understand scale, and the cloud at hyper-scale is something we intend to leverage for agility and efficiency. Through this strategic partnership, we believe Chevron will have a competitive advantage,” said Bill Braun, Chief Information Officer. “The volumes and velocity of real time data we obtain from the reservoir through refineries to the retail pump grows at a dramatic pace every year. Our Microsoft relationship will advance our high-performance computing, IoT, and help capitalize on innovation in data science and machine learning.
“With Chevron and Microsoft, intelligent energy meets intelligent cloud,” said Jason Zander, corporate vice president of Microsoft Azure. “Our global cloud infrastructure – which has more regions around the world than any other cloud provider – will enable Chevron to leverage our capabilities across areas like high-performance computing and Internet of Things to become a truly digital business.”
As part of this partnership, Chevron and Microsoft will also work on joint innovation from a technology and business process perspective. This include identifying areas to influence Microsoft’s roadmap of future products and where Microsoft solutions can help solve Chevron’s business challenges. For example, based on Chevron’s feedback, Microsoft has already improved its high-performance computing infrastructure.
