Oilfield services (OFS) giant Baker Hughes Co. is partnering with Microsoft Corp., as well as C3.ai Inc. and Accenture plc, to deploy industrial asset management (IAM) solutions for the energy industry.

workers pumpjacks

Sectors likely to be impacted are oil and gas, renewable energy and thermal power generation, among other industries. Houston-based Baker Hughes is one of the leading energy technology companies in the world. Financial details were not disclosed.

“This collaboration accelerates our growth strategy to provide differentiated IAM solutions that enhance our customer’s industrial operations by optimizing the performance of industrial equipment and processes,” said CEO Lorenzo Simonelli. “IAM connects industrial data to domain-specific insights for improved efficiencies and...