How Microsoft is digitally transforming the energy industry
Climate change continues to be a modern world problem. As a result, hundreds of companies have been working to reduce their impact on climate change.
In 2015, 195 of the world governments signed the Paris agreement to reduce the global temperature increase below 3.6°F, with efforts to limit global warming to 2.7°F.
In addition to these big company names, multinational technology company, Microsoft has also been working towards a more sustainable future, with previous partnerships including a joint initiative with ENGIE, for a long term wind and solar power purchase agreement.
This week Microsoft has formed an alliance with Baker Hughes and C3.ai with the ambition to accelerate digital transformation within the energy industry. The three companies will leverage Artificial intelligence(AI), Microsoft Azure Cloud and Baker Hughes’ experience in energy tech to achieve a safe, clean and efficient industry.
With this alliance businesses in the energy sector will have access to secure and reliable enterprise-scale AI applications that have been effectively optimised for Azure. In addition to, tailored solutions that will address the entire value chain including: inventory optimisation, energy management, equipment reliability, and predictive maintenance and process.