{"id":392276,"date":"2020-12-02T18:53:16","date_gmt":"2020-12-02T23:53:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=392276"},"modified":"2020-12-02T18:53:16","modified_gmt":"2020-12-02T23:53:16","slug":"solaris-oilfield-infrastructure-announces-collaboration-with-amazon-web-services-to-develop-data-analytics-and-machine-learning-platform","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/solaris-oilfield-infrastructure-announces-collaboration-with-amazon-web-services-to-develop-data-analytics-and-machine-learning-platform\/","title":{"rendered":"Solaris Oilfield Infrastructure Announces Collaboration with Amazon Web Services to Develop Data Analytics and Machine Learning Platform"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position:inside; }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Solaris Oilfield Infrastructure Announces Collaboration with Amazon Web Services to Develop Data Analytics and Machine Learning Platform<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSolaris Oilfield Infrastructure, Inc. (NYSE:SOI) (\u201cSolaris\u201d or the \u201dCompany\u201d) announced a collaboration with Amazon Web Services, Inc. (AWS) to provide its customers greater insights into oilfield data, including materials and storage usage, trend analysis, equipment and performance analytics, and predictive maintenance features.\n<\/p>\n<p>\nSolaris believes a data platform that can both process the record levels of data being generated by operators and oil service companies today and allow customization of data capture and display will give its customers a valuable tool for analysis and data interpretation. The resulting data analytics could be used to drive improvements in safety, efficiency and ultimately lower well costs.\n<\/p>\n<p>\nIn order to provide these individualized data solutions for its customers, Solaris leveraged multiple AWS analytics capabilities including Amazon Timestream, Amazon Kinesis, Amazon QuickSight, Amazon Athena, and Amazon SageMaker, AWS\u2019s machine learning service that enables data scientists and developers to build, train, and deploy machine learning models quickly.\n<\/p>\n<p>\n\u201cWe are pleased to work with Solaris, a leader in designing, manufacturing, and renting equipment to energy companies in the US,\u201d Greg Pearson, Vice President, Worldwide Commercial Sales at Amazon Web Services, Inc. \u201cSolaris sees the AWS Cloud as a strategic platform that helps offer increased functionality and lower costs, and transforms complex business and operational systems to enable a more sustainable energy future. By running on AWS, Solaris can use a wide portfolio of capabilities such as analytics and machine learning services to gain better visibility into inventory to reduce waste and proactively identify issues before they happen, which is crucial for energy supply chain optimization.\u201d\n<\/p>\n<p>\n\u201cOur customers continue to focus on increasing operational efficiencies in order to maximize cash flow. We firmly believe that innovative data analytics will be a key driver in generating sustainable and quantifiable efficiencies for our customers. Through the use of data analytics and software, our end goal is to leverage machine learning to further automate processes, utilize predictive maintenance, and essentially do more with less, and AWS is helping us accomplish this,\u201d Solaris\u2019 Chairman and Chief Executive Officer Bill Zartler commented.\n<\/p>\n<p><b>About Solaris Oilfield Infrastructure, Inc.<\/b><\/p>\n<p>\nSolaris Oilfield Infrastructure, Inc. (NYSE:SOI) manufactures and rents mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris\u2019 patented mobile proppant and chemical systems are deployed in many of the most active oil and natural gas basins in the United States. Additional information is available on our website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.solarisoilfield.com&amp;esheet=52341896&amp;newsitemid=20201202006012&amp;lan=en-US&amp;anchor=www.solarisoilfield.com&amp;index=1&amp;md5=005eb529a0626eadd95b28a319388fe0\">www.solarisoilfield.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201202006012r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201202006012\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201202006012\/en\/<\/a><\/span><\/p>\n<p>\nYvonne Fletcher<br \/>\n<br \/>Senior Vice President, Finance and Investor Relations<br \/>\n<br \/>(281) 501-3070<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:IR@solarisoilfield.com\">IR@solarisoilfield.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Technology Oil\/Gas Energy Software Networks<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Solaris Oilfield Infrastructure Announces Collaboration with Amazon Web Services to Develop Data Analytics and Machine Learning Platform HOUSTON&#8211;(BUSINESS WIRE)&#8211; Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (\u201cSolaris\u201d or the \u201dCompany\u201d) announced a collaboration with Amazon Web Services, Inc. (AWS) to provide its customers greater insights into oilfield data, including materials and storage usage, trend analysis, equipment and performance analytics, and predictive maintenance features. Solaris believes a data platform that can both process the record levels of data being generated by operators and oil service companies today and allow customization of data capture and display will give its customers a valuable tool for analysis and data interpretation. The resulting data analytics could be used to drive improvements in safety, efficiency and ultimately lower &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/solaris-oilfield-infrastructure-announces-collaboration-with-amazon-web-services-to-develop-data-analytics-and-machine-learning-platform\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Solaris Oilfield Infrastructure Announces Collaboration with Amazon Web Services to Develop Data Analytics and Machine Learning Platform&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-392276","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solaris Oilfield Infrastructure Announces Collaboration with Amazon Web Services to Develop Data Analytics and Machine Learning Platform - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/solaris-oilfield-infrastructure-announces-collaboration-with-amazon-web-services-to-develop-data-analytics-and-machine-learning-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solaris Oilfield Infrastructure Announces Collaboration with Amazon Web Services to Develop Data Analytics and Machine Learning Platform - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Solaris Oilfield Infrastructure Announces Collaboration with Amazon Web Services to Develop Data Analytics and Machine Learning Platform HOUSTON&#8211;(BUSINESS WIRE)&#8211; Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (\u201cSolaris\u201d or the \u201dCompany\u201d) announced a collaboration with Amazon Web Services, Inc. (AWS) to provide its customers greater insights into oilfield data, including materials and storage usage, trend analysis, equipment and performance analytics, and predictive maintenance features. Solaris believes a data platform that can both process the record levels of data being generated by operators and oil service companies today and allow customization of data capture and display will give its customers a valuable tool for analysis and data interpretation. 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