{"id":773147,"date":"2023-07-27T14:48:33","date_gmt":"2023-07-27T18:48:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/occidental-selects-aws-as-its-preferred-cloud-provider\/"},"modified":"2023-07-27T14:48:33","modified_gmt":"2023-07-27T18:48:33","slug":"occidental-selects-aws-as-its-preferred-cloud-provider","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/occidental-selects-aws-as-its-preferred-cloud-provider\/","title":{"rendered":"Occidental Selects AWS as Its Preferred Cloud Provider"},"content":{"rendered":"

<\/p>\n

Occidental Selects AWS as Its Preferred Cloud Provider<\/b><\/p>\n

International energy company will use AWS to reduce IT infrastructure costs and develop systems for carbon removal plants capable of removing the equivalent of CO2 emissions from more than 111,000 gasoline-powered passenger vehicles from the atmosphere per year<\/i><\/p>\n

SEATTLE–(BUSINESS WIRE<\/a>)–
\nAmazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Occidental (NYSE: OXY), an international energy company and carbon management leader, has selected AWS as its preferred cloud provider to drive its digital transformation. As part of this new multiyear agreement, Occidental will migrate its core production applications and on-premises information technology (IT) infrastructure to AWS to improve operational efficiencies, eliminate upfront capital expenditures, and support the company\u2019s development of systems that will remove carbon dioxide (CO2) from the atmosphere, including large-scale direct air capture (DAC) plants.<\/p>\n

\nOccidental will move its production systems and applications, analytics tools, and workflows to AWS to gain a more flexible, scalable, and secure IT infrastructure. This mass migration will enable the energy provider to use a broad portfolio of cloud services, including Amazon Elastic Compute Cloud (Amazon EC2)<\/a> for secure and resizable compute capacity and Amazon Elastic Block Store (Amazon EBS)<\/a> for high performance block storage to scale IT resources to meet supply and demand fluctuations in the energy market. Leveraging AWS analytics and machine learning will help Occidental gain greater insights and automate processes. For example, Occidental will use AWS Lake Formation<\/a> to help manage its data lakes and break down data silos, bringing new life to historical data. This will allow Occidental to increase efficiencies and extract greater value from operational data, such as improve exploration decision-making times or optimize equipment performance.<\/p>\n

\nAWS will also work with Occidental and its subsidiary 1PointFive to develop and design systems architecture for its large-scale direct air capture plants, which will remove carbon dioxide from the atmosphere. DAC technology uses high-powered fans to draw air into a processing facility where the CO2 is extracted from the air through a series of chemical reactions and then stored in underground reservoirs. DAC is an integral carbon removal technology that\u2019s needed to help the world reduce CO2 emissions. 1PointFive expects its first plant, named \u201cStratos,\u201d to capture 500,000 metric tons of CO2 from the atmosphere each year, when fully operational\u2014the equivalent of CO2 emissions from more than 111,000 gasoline-powered passenger vehicles per year. Using AWS infrastructure, 1PointFive can analyze real-time DAC performance data to optimize processes and equipment performance for peak efficiency, and also apply learnings for future plants that are each expected to capture 1 million metric tons per year.<\/p>\n

\n\u201cAWS is helping Occidental digitally transform our operations, and together we are using innovative cloud solutions to drive energy efficiencies and decarbonize the atmosphere,\u201d said Yanni Charalambous, vice president and chief information officer at Occidental. \u201cMigrating our existing on-premises IT infrastructure to the AWS Cloud will help Occidental reduce infrastructure costs and enhance operational efficiencies, so we can innovate faster to advance our plans to reach net-zero and help others do the same.\u201d<\/p>\n

\n\u201cReducing carbon emissions, addressing growing energy demand, and ensuring energy security are top priorities for communities and companies across the globe,\u201d said Uwem Ukpong, vice president of Global Services at AWS. \u201cOccidental is using AWS\u2019s advanced cloud technologies to take on these generational challenges, at scale, by optimizing carbon removal technology to hasten the world\u2019s decarbonization efforts while increasing efficiencies and reducing the carbon footprint associated with energy production. We look forward to working with Occidental to make environmental sustainability and decarbonization a reality.\u201d<\/p>\n

About Amazon Web Services<\/b><\/p>\n

\nSince 2006, Amazon Web Services has been the world\u2019s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 99 Availability Zones within 31 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in Canada, Israel, Malaysia, New Zealand, and Thailand. Millions of customers\u2014including the fastest-growing startups, largest enterprises, and leading government agencies\u2014trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com<\/a>.<\/p>\n

About Amazon<\/b><\/p>\n

\nAmazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth\u2019s Most Customer-Centric Company, Earth\u2019s Best Employer, and Earth\u2019s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit www.amazon.com\/about<\/a> and follow @AmazonNews.<\/p>\n

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KEYWORDS:<\/b> United States North America Washington<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Online Retail Technology Other Energy Apps\/Applications Green Technology Retail Software Internet Environment Energy<\/p>\n

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Occidental Selects AWS as Its Preferred Cloud Provider International energy company will use AWS to reduce IT infrastructure costs and develop systems for carbon removal plants capable of removing the equivalent of CO2 emissions from more than 111,000 gasoline-powered passenger vehicles from the atmosphere per year SEATTLE–(BUSINESS WIRE)– Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Occidental (NYSE: OXY), an international energy company and carbon management leader, has selected AWS as its preferred cloud provider to drive its digital transformation. As part of this new multiyear agreement, Occidental will migrate its core production applications and on-premises information technology (IT) infrastructure to AWS to improve operational efficiencies, eliminate upfront capital expenditures, and support the company\u2019s … <\/p>\n

Continue reading “Occidental Selects AWS as Its Preferred Cloud Provider”<\/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-773147","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOccidental Selects AWS as Its Preferred Cloud Provider - 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\/occidental-selects-aws-as-its-preferred-cloud-provider\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Occidental Selects AWS as Its Preferred Cloud Provider - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Occidental Selects AWS as Its Preferred Cloud Provider International energy company will use AWS to reduce IT infrastructure costs and develop systems for carbon removal plants capable of removing the equivalent of CO2 emissions from more than 111,000 gasoline-powered passenger vehicles from the atmosphere per year SEATTLE–(BUSINESS WIRE)– Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Occidental (NYSE: OXY), an international energy company and carbon management leader, has selected AWS as its preferred cloud provider to drive its digital transformation. As part of this new multiyear agreement, Occidental will migrate its core production applications and on-premises information technology (IT) infrastructure to AWS to improve operational efficiencies, eliminate upfront capital expenditures, and support the company\u2019s … Continue reading "Occidental Selects AWS as Its Preferred Cloud Provider"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/occidental-selects-aws-as-its-preferred-cloud-provider\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-27T18:48:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230727902027r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/occidental-selects-aws-as-its-preferred-cloud-provider\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/occidental-selects-aws-as-its-preferred-cloud-provider\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Occidental Selects AWS as Its Preferred Cloud Provider\",\"datePublished\":\"2023-07-27T18:48:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/occidental-selects-aws-as-its-preferred-cloud-provider\\\/\"},\"wordCount\":884,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/occidental-selects-aws-as-its-preferred-cloud-provider\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230727902027r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/occidental-selects-aws-as-its-preferred-cloud-provider\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/occidental-selects-aws-as-its-preferred-cloud-provider\\\/\",\"name\":\"Occidental Selects AWS as Its Preferred Cloud Provider - 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