Royal Dutch Shell – Enterprise Tech Ecosystem Series
Summary
Royal Dutch Shell Plc (Shell) is an integrated oil and gas company. The company explores for and produces oil and gas from conventional fields and sources such as tight rock, shale and coal formations. It operates refining and petrochemical complexes across the world. Shell’s product offerings include lubricants, bitumen and liquefied petroleum gas; and petrochemical products such as raw materials for plastics, coatings and detergents. The company is a major producer of biofuel in Brazil. It also has interests in various liquefied natural gas (LNG) and gas to liquids (GTL) projects. The company markets its products directly and indirectly through distributors in Europe, Asia, Oceania, Africa, North America, and South America.
In July 2021, Shell launched Digital track under its flagship start-up incubation program, Shell E4. E4 will collaborate with technology, venture, government, academia partners, coaches, and industry expert mentors to enable digital start-ups to achieve industry readiness and implement strategies for scaling and global expansion in the industrial and energy verticals.
Launched in September 2020, Studio X is an open innovation studio in the United States that aims to leverage emerging technologies and deploy digital capabilities for energy exploration. It combines entrepreneurs, data scientists, geoscientists, and software engineers to bring in ideas that address challenges faced in energy exploration.
The report provides information and insights into Shell’s tech activities, including –
– Insights of its digital transformation strategies and innovation programs
– Overview of technology initiatives covering partnerships, product launches, investments and acquisitions
– Insights on each technology initiative including technology theme, objective, and benefits
– Details of estimated ICT budgets and major ICT contracts
Scope
– Shell leverages AI technologies from a range of machine learning to computer vision, deep learning to virtual assistants and autonomous vehicles to robotics, to accelerate its digital transformation, and make its operations safer and more efficient. For instance, it is leveraging technologies from C3 IoT and Microsoft’s Azure to drive its efforts in predictive maintenance and expand AI-powered applications across the company.
– Shell is leveraging data analytics and digitalization to drive innovative ways of working and collaborating, to keep its global supply lines robust, secure, reliable, and competitive. It has also employed digital twin technology to make its existing assets more competitive and operations more reliable and safer.
– Shell Ventures has signed strategic partnerships over the years with technology giants like Microsoft, SAP, Intel, and HP and other solution providers like C3 IoT, Innospection, SENAI CIMATEC, Qinetiq, NOVI LABS LLC, Cyberhawk, HoneyWell, RealWear, and EON Reality. Most of the partnerships signed are for developing or gaining access to advanced technologies such as IoT, cloud computing, blockchain, robotics, high performance computing, imaging, and automation.
– Since 2020, Shell has been using drones, remote sensing technology, robots and digital technologies, such as augmented reality, as lockdowns caused by the COVID-19 pandemic disrupted people movement. This enabled it to carry out remote monitoring and to continue to assure data to meet safety and environmental performance reporting standards.
Reasons to Buy
– Gain insights into Shell’s tech operations.
– Gain insights into its tech strategies and innovation initiatives.
– Gain insights into its technology themes under focus.
– Gain insights into various product launches, partnerships, investments and acquisition strategies.
