by Angela Guess

A new press release states, “Chevron Corporation today announced a seven-year partnership with Microsoft Corp. establishing the company as Chevron’s primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things (IoT) to drive performance and improve efficiencies. ‘We embrace every opportunity that streamlines our workflows, gives us insights into more efficient operations and helps us compete,’ said Joe Geagea, Chevron’s executive vice president of Technology, Projects and Services. ‘We already have a head start in digitizing our oilfields, but we want to accelerate our deployment of new technologies that position us to increase our revenues, lower our costs, and improve the safety and reliability of our operations’.”

The release goes on, “The Microsoft strategic partnership is part of Chevron’s overall digitization initiative, a multi-year effort to streamline information technology (IT) operations around a digital core connecting the company’s engineers and operations through nimble analytics and increased automation. Adoption of Microsoft’s Azure platform will allow Chevron’s IT workforce to evolve from supporting infrastructure to one that enables more advanced technologies, as well as optimize exploration, reservoir management, production operations, midstream logistics and marketing operations.”

Read more at Business Wire.

Photo credit: Chevron