Norway-based energy company Equinor has selected global IT services provider Tata Consultancy Services (TCS) as its strategic partner to accelerate its transformation into a digital energy company.
Under this strategic collaboration, TCS would help achieve data democratisation across Equinor’s core operations and enable the latter to realise its vision of becoming a digital energy company.
TCS Analytics and Insights Global Head Dinanath Kholkar said: “Enterprises are increasingly realising that the first step in a successful digital transformation journey is to become a data-driven organisation.
“Data and analytics are today central to enterprises’ ability to discover new value creation opportunities and are becoming core to the enterprise operating model.
“TCS is proud to partner with Equinor to create a strong data and analytics foundation, leveraging its capabilities in advanced analytics and AI solutions, and help accelerate their insights-driven transformation journey to become a digital energy company.”
Harnessing its power of machine learning (ML) and advanced analytics, the IT services provider will enable Equinor to achieve its digital transformation objectives.
Using its DATOM framework, TCS will assess data maturity levels and develop a roadmap to simplify operating models, as well as establish data governance models.
The IT major will also build technology patterns and architectures to help the Norwegian firm leverage data and analytics to attain ‘superior business outcomes’.
TCS will also help Equinor improve its safety and sustainability outcomes.
Furthermore, TCS’ location-independent agile model would be used to set up ‘unique ways of working’, helping Equinor to align outcomes closely with business objectives.