exxonmobil digital transformation

Master CIO Interview: The Digital Business Journey Begins at ExxonMobil Published: 03 November 2016 ID: G00317842 Analyst(s): Rich McAvey Summary This research profiles the digital business … Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Houston, Texas, United States. While Artificial Intelligence (AI) still has that “new car smell,” it needs clean data in its fuel lines. CPLANE.ai has announced that it has engaged with ExxonMobil in its efforts to accelerate the development of digital infrastructure … CPLANE.ai and ExxonMobil to work on digital transformation. Often found in remote corners of the world, these fields of the future will rely on a similar digital network that everyday consumers count on – like smart home thermostats and mobile banking apps, which help limit energy use and drive more productivity. digital transformation Last year, ExxonMobil announced plans for "aggressive growth," pushing to double its earnings by 2025 without changing customer pricing. "PIDX International … ExxonMobil’s application of these technologies in its Permian Basin acreage, which covers a 9.5 billion oil-equivalent barrel resource base and more than 1.6 million acres, represents industry’s largest acreage position using cloud technology. Thank you for subscribing. In the Permian Basin, one of America’s most bountiful unconventional fields, ExxonMobil engineers and Microsoft programmers are working on a digital transformation that will maximize output from ExxonMobil’s … ExxonMobil is a direct descendant of Standard Oil, which was founded in 1870, and the company has had to survive more than 100 years in technological advances. © Copyright 2016-2020 Exxon Mobil Corporation. It’s in this garage where … GEP Innovate Digital: 2020 Vision was a digital conference that took place from October 27 to 29, 2020. © Copyright 2003-2020 Exxon Mobil Corporation. “The unconventional business is fast moving, complex and data rich, which makes it well suited for the application of digital technologies to strengthen our operations and help deliver greater value.”. “Our cloud infrastructure and business applications will continue to support ExxonMobil as it fully realizes its strategy across the Permian.”. University and National Labs partnerships, Innovating Energy Solutions: R&D Highlights, voluntary actions to manage methane emissions, Permian application to generate billions of dollars in value over the next decade and drive capital efficiency, Potential to expand production by as much as 50,000 oil-equivalent barrels a day by 2025, Largest-ever oil and gas acreage to use cloud technology. All Rights Reserved. “There is ripe opportunity for the energy industry to transform how we leverage our data flows,” said Anish Patel, ExxonMobil’s Permian technology integration manager. Vice President Exploration and New Ventures, Asia Pacific … Its mission is to empower every person and every organization on the planet … Please check your email to validate your sign up. Sensors will be able to deliver real-time data, like pressure and flow rates from wellheads, to cloud computing solutions that can run thousands of computations per second, allowing for quicker analysis of production. With … “ExxonMobil is leading the way for industry, grounding their goals in making data-driven decisions that will result in safer operations for their employees and more profitable activities for the company,” said Taylor. Its mission is to empower every person and every organization on the planet to achieve more. Learn more about ExxonMobil’s and other leading companies' digital transformation journey at CoRE Tech on Nov. 13-15 in Silicon Valley. Undertaking a #digitaltransformation is a concerted effort and a journey. “What was possible 10 years ago is nothing like what we’re doing today, and that trend of rapid innovation will only exponentially accelerate going forward.”. ExxonMobil's primary responsibility is to produce the energy and products the world needs in a responsible manner. For more than 135 years, we have pioneered the science and research that enables innovative technologies, changing our industry and the world. #ExxonMobil shares its approach to digital strategy, which fundamentally changed its value proposition and … DevOps and agile are playing a vital role in ExxonMobil's digital transformation. With the additional layer of Microsoft’s intelligent business applications, such as Dynamics 365, ExxonMobil and XTO will have a complete, end-to-end view of the Permian operations. Be sure to list Energy Factor as a safe sender to receive our newsletter. Both have apps that are available for free on iPhone and Android devices. The proceedings of the conference are available here for On-Demand viewing The application of Microsoft technologies by ExxonMobil’s XTO Energy subsidiary – including Dynamics 365, Azure, Machine Learning and Internet of Things – is anticipated to improve capital efficiency and support Permian production growth by as much as 50,000 oil-equivalent barrels per day by 2025. ExxonMobil engineers and Microsoft programmers are working on a digital transformation, Expanding the energy frontier in every direction. In the Permian Basin, one of America’s most bountiful unconventional fields, ExxonMobil engineers and Microsoft programmers are working on a digital transformation that will maximize output from ExxonMobil’s more than 1 million acres of operation, making this the largest-ever oil and gas acreage to use cloud technology. All Rights Reserved. The suite of Microsoft digital tools will allow field operators to collect loads of data every second, which can be analyzed by onsite operators, engineers and researchers across the country. Cloud infrastructure and Business Applications and Industry, said ExxonMobil is taking a leadership approach in its lines... It fully realizes its strategy across the Permian. ” of users our newsletter fully realizes strategy... For energy, while at the same time reducing the environmental impacts ExxonMobil have both established digital mobile capabilities reach... For the era of an intelligent cloud and an intelligent edge not support copying to clipboard in a manner. That “ new car smell, ” said Gjervik conditions in this release are forward-looking.... Ventures, Asia Pacific … Bandsintown and ExxonMobil have both established digital capabilities! Programmers are working on a digital transformation for the era of an intelligent edge and better decisions on optimization! 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