Bringing complementary solutions to the growing
ecosystem, Kongsberg Digital and MathWorks will help further
transform the energy industry
Shell (NYSE:RDS) and C3 AI (NYSE:AI) today announced that
Kongsberg Digital and MathWorks will join the Open AI Energy
Initiative (OAI), a first-of-its-kind open ecosystem of artificial
intelligence (AI)-based solutions for the energy and process
industries.
The OAI was launched by C3 AI, Shell, Baker Hughes, and
Microsoft in February 2021. As the first independent software
vendors to join the OAI, Kongsberg Digital and MathWorks will offer
solutions that complement current offerings and help further
transform the energy industry. Kongsberg Digital provides
next-generation software and digital solutions to customers in
maritime, oil and gas, and utilities, helping increase safety,
reduce costs, and save time on land, underwater, and offshore.
MathWorks is the leading developer of mathematical computing
software, and its MATLAB and Simulink platforms are widely used to
accelerate discovery, innovation, and development in engineering
and science. Select solutions built on the Kongsberg Digital or
MathWorks platforms are expected to be available through the OAI
beginning in 2022. These offerings will be interoperable with
existing OAI solutions delivered by OAI founding members. Trials
are underway at Shell to demonstrate the business value of these
integrated offerings.
The details of the upcoming solutions from Kongsberg Digital and
MathWorks are outlined below:
- Kongsberg Digital: Kognitwin Energy is a dynamic digital
twin that delivers a rich framework for advanced digitalization and
analytics, including a range of customizable solutions. It can
support business goals by improving cross-functional collaboration,
reducing OpEx by enabling advanced levels of remote work,
increasing data-driven decision making, increasing decision
automation, and accelerating innovation. Kognitwin Energy will
allow customers to visualize BHC3 Reliability insights, enabling
them to view facility hierarchies in a live digital twin, leverage
advanced ML models to predict equipment and asset failure, and
ultimately reduce unplanned downtime and deferment costs.
- MathWorks: MATLAB Production Server lets users
operationalize their MATLAB and Simulink analytics, models, and
simulations for chemical process monitoring and optimization,
geophysical data analysis, AI modeling, commodity trading, and
other applications in large-scale production to maximize their
business value across the enterprise. MATLAB Production Server will
deliver the opportunity to integrate production-ready MATLAB and
Simulink applications into operations powered by the BHC3 AI Suite.
Combining the BHC3 AI Suite with MATLAB Production Server will
extend the ability to deploy MATLAB and Simulink models at scale.
One such example is an application that assesses the level of CO2
emitted above ground and ensures that it remains below the
government-required thresholds. Interoperability of this MATLAB
based application is a key step for future sustainability solutions
on OAI.
“Still in its first year, the OAI is making exceptional progress
towards helping the energy industry embrace new technologies and
ensure climate security,” said C3 AI CEO Thomas M. Siebel.
“Welcoming Kongsberg Digital and MathWorks into our ecosystem of
global leaders today is a significant step in driving cleaner
energy and climate initiatives through enterprise AI.”
“Kongsberg Digital is excited to be among the first software
vendors to join OAI and collaborate with others to take the energy
industry forward,” said Hege Skryseth, President of Kongsberg
Digital and EVP at KONGSBERG. “By integrating our solutions with
companies at the forefront of digital technology and AI, we provide
a tool that will help energy providers predict failures, reduce
costs, and stay operational. We are excited to collaborate and
innovate through the Open AI Energy Initiative to deliver solutions
that enable more sustainable operations for the energy
industry.”
“Enabling energy providers to monitor gas emissions for
regulatory compliance is one of many applications powered by MATLAB
that can become an important part of the OAI’s growing lineup of
solutions to advance climate security and provide value-added
services,” said Jim Tung, MathWorks Fellow. “We’re proud to join
the OAI early on its journey to transform the energy industry, and
we look forward to working together to bring new innovations
forward.”
“The Open AI Energy Initiative was always intended to be an
eco-system of partners who work together to develop the digital
energy platform of the future,” said Dan Jeavons, Vice President
Computational Science and Digital Innovation at Shell. “We are
delighted to integrate MathWorks and Kongsberg Digital’s
capabilities into this eco-system. At Shell we are already
deploying their technologies and we expect their impact to grow in
the coming years.”
“Meeting the needs of today’s energy industry requires an
eco-system of equipment providers, domain experts, and industrial
software for energy operations,” said Dan Brennan, Vice President
and General Manager of BakerHughesC3.ai at Baker Hughes. “The Open
AI Energy Initiative (OAI) provides an opportunity for
domain-specific solutions to utilize leading AI and advanced
software capabilities for energy operators, helping the industry
adopt AI at pace and scale to deliver critical operational
efficiencies and emissions reductions targets.”
Learn more about the Open AI Energy Initiative and its
reliability solutions at
https://bakerhughesc3.ai/products/bhc3-oai/
About C3.ai, Inc.
C3.ai, Inc. (NYSE:AI) is the Enterprise AI application software
company that accelerates digital transformation for organizations
globally. 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.
About Kongsberg Digital
Kongsberg Digital, a subsidiary of KONGSBERG, is a provider of
next-generation software and digital solutions, to customers within
maritime, oil and gas, and renewables and utilities. The company
consists of more than 500 software experts with leading competence
within the internet of things, smart data, artificial intelligence,
maritime simulation, automation and autonomous operations.
Kongsberg Digital is the group-wide center of digital expertise for
the KONGSBERG group.
About Kongsberg
KONGSBERG (OSE-ticker: KOG) is an international, leading global
technology corporation delivering mission-critical systems and
solutions with extreme performance for customers that operate under
extremely challenging conditions. We work with nations, businesses
and research environments to push the boundaries of technology
development in industries such as space, offshore and energy,
merchant marine, defence and aerospace, and more. KONGSBERG has
about 11,000 employees located in more than 40 countries, creating
a total revenue of NOK 25.6bn in 2020.
About MathWorks
MathWorks is the leading developer of mathematical computing
software. MATLAB, the language of engineers and scientists, is a
programming environment for algorithm development, data analysis,
visualization, and numeric computation. Simulink is a block diagram
environment for simulation and Model-Based Design of multidomain
and embedded engineering systems. Engineers and scientists
worldwide rely on these products to accelerate the pace of
discovery, innovation, and development in automotive, aerospace,
communications, electronics, industrial automation, and other
industries. MATLAB and Simulink are also fundamental teaching and
research tools in the world’s universities and learning
institutions. Founded in 1984, MathWorks employs more than 5000
people in 16 countries, with headquarters in Natick, Massachusetts,
USA. For additional information, visit mathworks.com.
About Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales‚ has
its headquarters in The Hague and is listed on the London‚
Amsterdam‚ and New York stock exchanges. Shell companies have
operations in more than 70 countries and territories with
businesses including oil and gas exploration and production;
production and marketing of liquefied natural gas and gas to
liquids; manufacturing‚ marketing and shipping of oil products and
chemicals and renewable energy projects. For further information‚
visit www.shell.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211109005568/en/
C3 AI Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai
Investor Relations ir@c3.ai
Shell Media Relations Laura van Lingen +31 (0)70 377 8750
Laura.vanLingen@shell.com
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