C3 AI and Shell Expand Collaboration for Asset Monitoring and Predictive Maintenance
October 11 2023 - 9:00AM
Business Wire
C3 AI Reliability to include the AI models and
specific features developed by Shell Global Solutions International
BV for control valves and critical equipment
C3 AI (NYSE: AI), the Enterprise AI application software
company, today announced that the C3 AI Reliability application
will now include predictive maintenance software developed by
Shell. Shell’s predictive maintenance technology will continue to
run on C3 AI Reliability as the two companies are close
collaborators.
While working with C3 AI, Shell has developed advanced models
and application functionalities that anticipate maintenance needs
for control valves and critical equipment, while tackling global
enterprise data, automation, and usability challenges. Now, C3 AI
will integrate this predictive maintenance technology into the C3
AI Reliability application, making it available to other customers
and further advance C3 AI Reliability as the industry standard for
predictive maintenance.
To realize the most value from AI, C3 AI and Shell are pursuing
a roadmap starting with reliability and asset monitoring solutions,
focusing on safety, asset integrity, process and production
optimization, and sustainability solutions. This collaboration
marks a continued commitment of the C3 AI program across Shell.
“The work between the dedicated teams from C3 AI and Shell
during our five-year collaboration has created extremely successful
AI initiatives deployed across a highly complex environment,” said
C3 AI President and CTO Ed Abbo. “This technology transfer
strengthens and advances both of our products and goals — it
expands on the already deep bench of oil and gas offerings for
customers while progressing our combined work to support the global
energy transition with digital transformation.”
In this collaboration with C3 AI, Shell will be able to dedicate
its engineers and data scientists who have been working on its
predictive maintenance technology to emerging applications. The C3
AI Platform is how customers like Shell can build custom
applications quickly and easily for company-specific use cases. By
taking advantage of the data science and programming tools,
engineers can re-use features and machine-learning model components
while smoothly collaborating across departments to accelerate AI
application deployment.
“The relationship between C3 AI and Shell has been productive.
We now have more than 10,000 pieces of equipment from tens of Shell
assets successfully being monitored on the C3 AI ecosystem, as well
as additional enterprise applications being scaled up,” said Dan
Jeavons, Vice President Computational Science and Digital
Innovation at Shell. “Working this closely with C3 AI to create
robust AI solutions that increase operational efficiency helps to
reduce cost and improve reliability.”
In addition, this collaboration will streamline the offerings
available within the Open AI Energy Initiative (OAI Energy)
marketplace. Founded in early 2021 by C3 AI, Shell, Baker Hughes,
and Microsoft, the OAI Energy is an open ecosystem of AI-based
solutions for the energy and process industries. Shell’s OAI Energy
offerings, including the Shell Predictive Maintenance for Control
Valves application, will still be available on the OAI Energy
platform for purchase by members.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI
delivers a family of fully integrated products including the C3 AI
Platform, an end-to-end platform for developing, deploying, and
operating enterprise AI applications, C3 AI applications, a
portfolio of industry-specific SaaS enterprise AI applications that
enable the digital transformation of organizations globally, and C3
Generative AI, a suite of domain-specific generative AI offerings
for the enterprise.
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version on businesswire.com: https://www.businesswire.com/news/home/20231011779354/en/
C3 AI Public Relations Cheryl Sanclemente Vice President,
Corporate Communications 415-988-4960 press@c3.ai
Investor Relations ir@c3.ai
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