Kongsberg Digital and MathWorks Join Open AI Energy Initiative as First Independent Software Vendors
Shell (NYSE:RDS) and C3 AI (NYSE:AI) today announced that Kongsberg Digital and MathWorks will join the Open AI Energy Initiative (OAI), a first-of-its-kind open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries.
The OAI was launched by C3 AI, Shell, Baker Hughes, and Microsoft in February 2021. As the first independent software vendors to join the OAI, Kongsberg Digital and MathWorks will offer solutions that complement current offerings and help further transform the energy industry. Kongsberg Digital provides next-generation software and digital solutions to customers in maritime, oil and gas, and utilities, helping increase safety, reduce costs, and save time on land, underwater, and offshore.
MathWorks is the leading developer of mathematical computing software, and its MATLAB and Simulink platforms are widely used to accelerate discovery, innovation, and development in engineering and science. Select solutions built on the Kongsberg Digital or MathWorks platforms are expected to be available through the OAI beginning in 2022. These offerings will be interoperable with existing OAI solutions delivered by OAI founding members. Trials are underway at Shell to demonstrate the business value of these integrated offerings.
The details of the upcoming solutions from Kongsberg Digital and MathWorks are outlined below:
- Kongsberg Digital: Kognitwin Energy is a dynamic digital twin that delivers a rich framework for advanced digitalization and analytics, including a range of customizable solutions. It can support business goals by improving cross-functional collaboration, reducing OpEx by enabling advanced levels of remote work, increasing data-driven decision making, increasing decision automation, and accelerating innovation. Kognitwin Energy will allow customers to visualize BHC3 Reliability insights, enabling them to view facility hierarchies in a live digital twin, leverage advanced ML models to predict equipment and asset failure, and ultimately reduce unplanned downtime and deferment costs.
- MathWorks: MATLAB Production Server lets users operationalize their MATLAB and Simulink analytics, models, and simulations for chemical process monitoring and optimization, geophysical data analysis, AI modeling, commodity trading, and other applications in large-scale production to maximize their business value across the enterprise. MATLAB Production Server will deliver the opportunity to integrate production-ready MATLAB and Simulink applications into operations powered by the BHC3 AI Suite. Combining the BHC3 AI Suite with MATLAB Production Server will extend the ability to deploy MATLAB and Simulink models at scale. One such example is an application that assesses the level of CO2 emitted above ground and ensures that it remains below the government-required thresholds. Interoperability of this MATLAB based application is a key step for future sustainability solutions on OAI.
“Still in its first year, the OAI is making exceptional progress towards helping the energy industry embrace new technologies and ensure climate security,” said C3 AI CEO Thomas M. Siebel. “Welcoming Kongsberg Digital and MathWorks into our ecosystem of global leaders today is a significant step in driving cleaner energy and climate initiatives through enterprise AI.”
“Kongsberg Digital is excited to be among the first software vendors to join OAI and collaborate with others to take the energy industry forward,” said Hege Skryseth, President of Kongsberg Digital and EVP at KONGSBERG. “By integrating our solutions with companies at the forefront of digital technology and AI, we provide a tool that will help energy providers predict failures, reduce costs, and stay operational. We are excited to collaborate and innovate through the Open AI Energy Initiative to deliver solutions that enable more sustainable operations for the energy industry.”
“Enabling energy providers to monitor gas emissions for regulatory compliance is one of many applications powered by MATLAB that can become an important part of the OAI’s growing lineup of solutions to advance climate security and provide value-added services,” said Jim Tung, MathWorks Fellow. “We’re proud to join the OAI early on its journey to transform the energy industry, and we look forward to working together to bring new innovations forward.”
“The Open AI Energy Initiative was always intended to be an eco-system of partners who work together to develop the digital energy platform of the future,” said Dan Jeavons, Vice President Computational Science and Digital Innovation at Shell. “We are delighted to integrate MathWorks and Kongsberg Digital’s capabilities into this eco-system. At Shell we are already deploying their technologies and we expect their impact to grow in the coming years.”
“Meeting the needs of today’s energy industry requires an eco-system of equipment providers, domain experts, and industrial software for energy operations,” said Dan Brennan, Vice President and General Manager of BakerHughesC3.ai at Baker Hughes. “The Open AI Energy Initiative (OAI) provides an opportunity for domain-specific solutions to utilize leading AI and advanced software capabilities for energy operators, helping the industry adopt AI at pace and scale to deliver critical operational efficiencies and emissions reductions targets.”
Learn more about the Open AI Energy Initiative and its reliability solutions at https://bakerhughesc3.ai/products/bhc3-oai/
About C3.ai, Inc.
C3.ai, Inc. (NYSE:AI) is the Enterprise AI application software company that accelerates digital transformation for organizations globally. C3 AI® delivers a family of fully integrated products: C3 AI® Suite, an end-to-end platform for developing, deploying, and operating large-scale AI applications; C3 AI Applications, a portfolio of industry-specific SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM applications designed for AI and machine learning; and C3 AI Ex Machina, a no-code AI solution to apply data science to everyday business problems. The core of the C3 AI offering is an open, model-driven AI architecture that dramatically simplifies data science and application development. Learn more at: www.c3.ai.
About Kongsberg Digital
Kongsberg Digital, a subsidiary of KONGSBERG, is a provider of next-generation software and digital solutions, to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for the KONGSBERG group.
KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 25.6bn in 2020.
MathWorks is the leading developer of mathematical computing software. MATLAB, the language of engineers and scientists, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink is a block diagram environment for simulation and Model-Based Design of multidomain and embedded engineering systems. Engineers and scientists worldwide rely on these products to accelerate the pace of discovery, innovation, and development in automotive, aerospace, communications, electronics, industrial automation, and other industries. MATLAB and Simulink are also fundamental teaching and research tools in the world’s universities and learning institutions. Founded in 1984, MathWorks employs more than 5000 people in 16 countries, with headquarters in Natick, Massachusetts, USA. For additional information, visit mathworks.com.
About Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales‚ has its headquarters in The Hague and is listed on the London‚ Amsterdam‚ and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing‚ marketing and shipping of oil products and chemicals and renewable energy projects. For further information‚ visit www.shell.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
C3 AI Public Relations
Shell Media Relations
Laura van Lingen
+31 (0)70 377 8750
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Nel ASA: Receives Purchase Order for 20MW Alkaline Electrolyser From Ovako26.11.2021 22:45:00 EET | Press release
Nel Hydrogen Electrolyser AS, a division of Nel ASA (Nel, OSE:NEL), has received a purchase order for a 20MW alkaline water electrolyser from Ovako, a leading European manufacturer of engineering steel. The electrolyser will be installed at Ovako’s existing plant in Hofors, Sweden. The fossil-free hydrogen will replace the use of fossil propane gas currently used in the heating furnaces. “We are excited to announce the delivery of electrolyser equipment to Ovako. There is huge potential in reducing CO2-emissions from steel-heating processes through green hydrogen. We look forward to working with Ovako and its partners to further develop fossil-free steel production,” says Jon André Løkke, CEO at Nel. The purchase order has a contract value of approximately EUR 11 million with equipment delivery in late 2022. The electrolyser will produce oxygen and hydrogen for Ovako’s steel-heating process and is a major step towards zero-carbon emission steel production. The conversion to hydrogen wi
'Afghan Girl' Sharbat Gula Safely Evacuated to Italy Via Efforts of Photographer Steve McCurry, Metagood/OnChainMonkey Crypto Community & Future Brilliance Charity26.11.2021 20:16:00 EET | Press release
The legendary 'Afghan Girl' photographer, Steve McCurry, and his sister, Bonnie McCurry, are delighted to announce that, together with the British-American charity, Future Brilliance, and with the support of the Italian government, and NFT for Social Good platform Metagood, they have been able to bring the famous icon for Afghan female refugees, Sharbat Gula, to safety. Background: Six weeks ago, Bonnie McCurry reached out to Future Brilliance founder, impact pioneer, and investor Sophia Swire who has a 30-year track record of empowering women in Afghanistan. She told Sophia that Sharbat Gula wanted to be evacuated with her family. After considering all the various country options, they confirmed with Sharbat that her family hoped to seek asylum in Italy. Sophia and her team activated the Future Brilliance network in Afghanistan and, together with the McCurry family, arranged the necessary paperwork, visas, and logistics. The NFT for good platform Metagood (who worked with McCurry to d
ZOVOO Held Distributor Conference, Creating a Splash of Colour in Atomization Industry26.11.2021 18:45:00 EET | Press release
At 9:30pm (GMT +8) on November 12, ZOVOO, a new industry-leading atomization company, held its 2021 distributor conference online. Distributors from United States, United Kingdom, France and other countries participated in the conference. Meanwhile, ZOVOO also displayed its newly developed disposable products DRAGBAR series for the first time to the public, which attracted widespread attention from distributors worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211126005521/en/ (Photo: Business Wire) Founded in 2010, ZOVOO has sophisticated research and develop capability, forward-looking product design and perfect supply chain system. ZOVOO founding team has 10 years of proven strength and experience. They have the absolute advantages in terms of heating materials, air channel structure design, etc., and build up the five criteria of good flavor. The birth of each product needs to go through from R&D, design, product
Indeed and Quandoo Announce Partnership to Support the Restaurant Industry Hiring Crisis26.11.2021 17:21:00 EET | Press release
Indeed, the world’s largest jobs site, and Quandoo, one of the fastest growing restaurant reservation platforms worldwide, today announce a partnership to support the restaurant industry's current hiring crisis. This partnership will see restaurants be provided with £50 credit to post a sponsored job advertisement on Indeed’s platform. Sponsored jobs advertisements receive optimal visibility and are more likely to deliver hires* which Indeed and Quandoo hope will connect staff with the restaurants that need them the most. Employers posting a job on Indeed for the first time will have £50 credited to their account to start sponsoring their jobs and reaching more candidates. Employers in the UK can claim the offer here . “We are so excited about this partnership. It’s a topic that is close to home for us at Quandoo as we are hearing how challenging it is to find staff from our partners. So we wanted to do our bit to support the wider industry in any way we can. By partnering with Indeed
The Leading Event for Payment, Identification and Security Professionals, TRUSTECH will present all the Latest trends in the sector26.11.2021 12:34:00 EET | Press release
For three days, professionals of the cards and digital trust technologies industries will meet at the TRUSTECH exhibition in Paris to discuss the issues and challenges of identity, security and payment, which are the real pillars of the digital transition for institutional or commercial organisations. A panel of international speakers will share their insights across the multiple conference sessions The 6,000 attendees expected from all over the world will also be able to discover concrete solutions to optimise their business and develop their practices. Visitors will have FREE access to participate at Trustech conferences program. AUTHENTICATION AND IDENTIFICATION: A STRATEGIC ISSUE FOR GOVERNMENTS AND ORGANISATIONS These new demands on governments require the use of increasingly complex technologies and processes. Digitization brings into question how the use of physical official documents will be used in the future. It also implies there will be new innovations regarding how physica
Vifor Pharma supports Iron Deficiency Day 2021: Call to action for early iron deficiency diagnosis26.11.2021 09:00:00 EET | Press release
Already for the seventh consecutive year of Iron Deficiency Day, Vifor Pharma is supporting a growing international alliance including the Heart Failure Policy Network, European Kidney Health Alliance, Global Heart Hub and Croí the West of Ireland Cardiac Foundation with the aim to educate people about the importance of iron for the body and what can happen if iron levels are not properly managed. Iron Deficiency Day 2021 encourages people at risk to listen to their body, to take iron seriously and to take control over their health by seeking early diagnosis and medical help from their physician. Iron Deficiency affects about half of the patients with chronic kidney disease2 and chronic heart failure and is associated with reduced quality of life3, an increased risk of hospitalization4 and cardiovascular death5. Despite the serious consequences and high prevalence, of iron deficiency, the condition remains under-recognized6. Diagnosis and treatment of iron deficiency has been further i
LightCON Unveils Global Teaser Site for New Mobile Game 'Rise of Stars (ROS)'26.11.2021 05:00:00 EET | Press release
Rise of Stars (ROS), a new mobile game that is being developed by LightCON, a subsidiary of WEMADE MAX (Co-CEOs: Hyunguk Chang, Gilhyung Lee) (KOSDAQ: 101730), today opened its global teaser site. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211125006252/en/ LightCON unveils global teaser site for new mobile game 'Rise of Stars (ROS).' ROS is a new mobile SF strategy game featuring elaborately designed warships and planets set in the vast universe. Under the slogan, 'The 4x Blockchain Game for the Greatest Conqueror,' the teaser site was designed to help users experience the unique atmosphere of ROS and the game concept with the representative image of the game. ROS will be building a system for players to obtain game tokens through resource mining within planets. It aims for a global launch in the 1st quarter of 2022. (Graphic: Business Wire) Under the slogan, ‘The 4x Blockchain Game for the Greatest Conqueror,’ the tease
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom