Emerson Accelerates Digital Transformation of Oil & Gas Industry with Cloud-Hosted Software Suite on Microsoft Azure
September 17 2019 - 9:00AM
Business Wire
Emerson’s agile, scalable exploration and
production software, now available on the cloud, helps companies
model reservoirs and reach first oil faster
Emerson (NYSE: EMR), a global engineering and technology
company, announced its entire exploration and production (E&P)
software suite is now available on the cloud, enabling oil and gas
companies to securely take advantage of digital technologies to
better model and optimize production in new and established
reservoirs. A leading independent provider of E&P software,
Emerson now delivers seismic processing and imaging, data
interpretation, subsurface modeling, formation evaluation,
reservoir engineering, production optimization, and other services
with faster, more powerful computing power to connect critical
subsurface intelligence with surface operations.
The enormous growth in the volume and complexity of
petrotechnical data, combined with the need to reduce costs and
enhance productivity in the E&P market, poses a growing
challenge for today’s chief information officers. Emerson addresses
these challenges by utilizing cloud computational horsepower while
leveraging proven and reliable machine learning algorithms and
other technologies. Harnessing the power of Microsoft Azure also
provides more flexible, scalable and collaborative work processes,
helping operators increase efficiencies and achieve Top Quartile
performance – operations and capital performance in the top 25
percent of peer companies.
“With our E&P software-as-a-service model and long history
of domain experience, Emerson is well positioned to lead the cloud
transformation for the oil and gas market,” said Peter Zornio,
chief technology officer with Emerson’s Automation Solutions
business. “Our customers can now enjoy the same benefits from our
software suite, whether they choose to run it locally, host it on
the cloud, or use a hybrid of both. This expanded platform provides
greater data analytics power and flexibility for some of the most
challenging operational environments in the industry. When you
combine our software with our technology and experience in the
production area, we have a unique capability in the oil and gas
marketplace.”
Emerson’s E&P cloud-hosted software, which can run on Azure
and other leading cloud platforms, is currently available in two
business options: customer-managed, in which customers run the
software on cloud computing platforms and storage under management
by their own IT organizations; and Emerson-operated, in which
Emerson manages IT operations on the cloud, including the cloud
platform, software support, maintenance and operation. The solution
utilizes Microsoft’s strategically placed Azure datacenter regions
for faster performance and compliance with local government
regulations.
“Microsoft and Emerson have cooperated on cloud offerings for
several years and we’re pleased to see Emerson extending its use of
Microsoft Azure to support its full software suite,” said Jose
Valls, CTO, Process Manufacturing, Microsoft Corp. “Emerson has
high computational, data management and visualization needs and a
global customer base. Azure provides a full set of configurations
suitable to the wide range of computing requirements of the Emerson
application portfolio, without compromising performance.”
A joint presentation by Emerson and Microsoft will be featured
at the 2019 Society of Exploration Geophysicists 89th Annual
Meeting in San Antonio, TX, on Tuesday, September 17 at 3:00 PM CT,
at Emerson booth #1433.
About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA),
is a global technology and engineering company providing innovative
solutions for customers in industrial, commercial and residential
markets. Our Automation Solutions business helps process, hybrid
and discrete manufacturers maximize production, protect personnel
and the environment while optimizing their energy and operating
costs. Our Commercial & Residential Solutions business helps
ensure human comfort and health, protect food quality and safety,
advance energy efficiency and create sustainable infrastructure.
For more information visit Emerson.com.
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For Emerson Denise Clarke (512) 587-5879
denise.clarke@fleishman.com
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