Baker Hughes Company, an energy technology company, is expanding its digital transformation strategies to enhance operational efficiency and drive innovation. The company aims to tap into the power of emerging technologies such as AI, big data, IoT, and cloud to achieve these goals.
As part of its digital transformation efforts, Baker Hughes migrated its computational fluid dynamics (CFD) applications from an on-premises high-performance computing (HPC) solution to Amazon Web Services (AWS). This move allowed the company to accelerate the process of simulating gas turbine designs.
In addition, Baker Hughes launched the Baker Hughes Energy Ideas Generation Program, an open innovation program in collaboration with Nana Bianca, a technology startup studio. This program supports startups and SMEs in the energy sector, fostering collaboration and innovation.
By leveraging digital technologies and implementing innovative programs, Baker Hughes aims to improve its operational efficiency and develop advanced digital products. These initiatives contribute to the company’s overall digital transformation strategy, enabling it to stay ahead in the energy and industrial markets.
Baker Hughes operates in more than 120 countries worldwide, offering a wide range of technologies and solutions to the energy and industrial markets. The company has two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE provides products and services related to well construction, production solutions, subsea and surface pressure systems, and completions, intervention, and measurements, helping customers understand the subsurface and accelerate drilling operations.
The IET segment focuses on offering technologies and services to various energy and industrial markets, including LNG, refining, pipeline and gas storage, aviation, utilities, and mining. These solutions help customers transform, transfer, and transport energy efficiently.
In summary, Baker Hughes Company is prioritizing digital transformation and innovation to enhance operational efficiency and stay competitive in the energy and industrial markets. By leveraging emerging technologies and collaborating with startups and SMEs, the company aims to drive innovation and provide cutting-edge solutions to its customers worldwide.