Chevron Corporation announced a seven-year partnership with Microsoft establishing the company as their primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things (IoT) to drive performance and improve efficiencies.
San Ramon/USA — 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.
“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,” said Joe Geagea, Chevron’s executive vice president of Technology, Projects and Services.
The strategic partnership also extends to broader technical collaboration that will allow the two companies to focus on joint innovation from a technology and business process perspective. This will include identifying areas to influence Microsoft’s roadmap of future products and where Microsoft solutions can help solve Chevron’s business challenges.
“Our global cloud infrastructure — which has more regions around the world than any other cloud provider — will enable Chevron to leverage our capabilities across areas like high-performance computing and Internet of Things to become a truly digital business,” said Jason Zander, corporate vice president of Microsoft Azure.