The Open AI Energy Initiative Welcomes Seven New Members

Rhea-AI Summary

C3 AI (NYSE: AI) has announced the addition of seven new members to the Open AI Energy Initiative (OAI), enhancing its ecosystem with diverse expertise. The new members, including Aligned Automation, Infosys, EPAM Systems, Wipro, KBC, Akselos, and Databricks, aim to provide innovative AI-based solutions for the energy sector. This expansion will introduce a new modeling and simulation category, further aiding the energy industry's optimization and cost reduction efforts.

Positive

• Addition of seven new members expands the Open AI Energy Initiative ecosystem.
• New modeling and simulation category enhances service offerings.
• Program aims to optimize production and reduce costs in the energy sector.

Negative

• None.

Aligned Automation, Infosys, EPAM Systems, Wipro, KBC, Akselos, and Databricks bring their diverse expertise to the ecosystem

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- C3 AI (NYSE: AI), the Enterprise AI application software company, today announced that seven new members will join the Open AI Energy Initiative (OAI), an open ecosystem of AI-based solutions for the energy and process industries. Aligned Automation, Infosys, EPAM Systems, Wipro, KBC, Akselos, and Databricks have all signed onto the program, each bringing unique experience that will elevate the entire ecosystem.

“The OAI is providing the energy industry with the best enterprise AI software, accelerating energy and climate security,” said Ed Abbo, C3 AI President and CTO. “These new members significantly expand the available solutions, helping the energy industry optimize production, reduce costs, and accelerate energy transition.”

Launched by C3 AI, Shell, Baker Hughes, and Microsoft in February 2021, the OAI provides an open framework for energy operators, service and equipment providers, and independent software vendors for energy operations to offer interoperable solutions, powered by the BHC3 AI Suite and Microsoft Azure. These vendors join Cenosco, Kongsberg Digital, and MathWorks who are already contributing members of the OAI.

“It’s great to see the OAI continuing to grow and adding these members will let us deliver even more value to both contributors and customers,” said Dan Jeavons, Vice President Computational Science and Digital Innovation at Shell.

Current OAI vendors offer capabilities under the following categories: system integrator, asset and system reliability, data integration, data science tools, and plant and facility optimization. With the addition of these new members, a new category, modeling and simulation, will be added.

Aligned Automation, Infosys, Wipro, and EPAM Systems are joining as system integrators, which provide services and trained personnel for delivery of OAI solutions to customers.

KBC and Akselos are joining as members in the new modeling and simulation category; KBC, a Yokogawa company, will offer process simulation modeling software and Akselos will provide physics-based simulation capabilities for use in operations. All these software solutions can be augmented and enhanced by AI capabilities provided by existing OAI partners.

Databricks is signing on in the data integration category, offering their Delta Lake, an infrastructure capability that provides an open-format storage layer for data lakes and is the foundation of a lakehouse architecture.

The OAI is open to new members, both contributors and customers. To learn more about how the OAI is providing customers with value, read the OAI case studies.

About C3.ai, Inc.

C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications and C3 AI Applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103005420/en/

C3 AI Public Relations

Edelman

Lisa Kennedy

415-914-8336

pr@c3.ai

Investor Relations

ir@c3.ai

Source: C3.ai

FAQ

What is the significance of the new members joining the Open AI Energy Initiative for C3 AI (NYSE: AI)?

The addition of seven new members enhances the Open AI Energy Initiative's ecosystem, providing more diverse solutions and expertise to optimize production and reduce costs in the energy sector.

How will the new members impact C3 AI's offerings?

The new members will introduce a modeling and simulation category, expanding the range of AI-based solutions available to energy operators and improving service delivery.

When was the Open AI Energy Initiative launched?

The Open AI Energy Initiative was launched in February 2021 by C3 AI, Shell, Baker Hughes, and Microsoft.

Who are the new members added to the Open AI Energy Initiative?

The new members include Aligned Automation, Infosys, EPAM Systems, Wipro, KBC, Akselos, and Databricks.

What does the Open AI Energy Initiative focus on?

The Open AI Energy Initiative focuses on providing AI-based solutions for the energy and process industries.