Chevron, a major energy company, has allocated $1 billion to establish a global capabilities center (GCC) in Bengaluru. According to Akshay Sahni, the new national head of Chevron India, the company intends to make the Bengaluru location the biggest innovation hub outside of the United States.
The allocated funds will be used over a period of five to six years for the development of technology solutions, as well as for the recruiting of freshmen and lateral talent, in addition to forming partnerships with Indian vendors that will assist with center setup.
By the end of 2025, Chevron Engineering and Innovation Excellence Center (ENGINE), which will be situated in Bengaluru close to Bellandur, will also be hiring about 600 specialists, with plans to add more over time, according to Sahni. The organization currently operates three data centers: one in Aberdeen, Scotland; one in Richmond, California; and one in Houston, Texas.
Explaining the intent behind the India Center, he said, “Our strategic intent is not just cost savings. What we plan to achieve here is that when you bring work from different parts of the world into one location, especially one that is talent rich like India and especially a city like Bangalore, we can standardize, centralize, and streamline a lot of the work that is happening in different parts of the world.”
“You can remove inefficiencies. You can remove repetitive work, which has a much larger impact than just cost savings, because now you are able to apply standard solutions across multiple things that are happening. You can scale your technology solutions faster, so if work is happening in different locations, it’s very difficult to apply digital solutions,” he further explained.
According to Sahni, Chevron ENGINE will take on the task of constructing the future, lower-carbon energy system while also meeting the world’s current energy demands. He clarified that the India center will assist Chevron’s worldwide operations and initiatives, as well as some of the company’s more specialized work, such as figuring out where the best places to store or sequester carbon are based on an understanding of the subsurface geology.
He added, “When you talk about carbon capture and sequestration, we will be looking at technology to find the best location of subsurface geography, right? So, to find the best locations when you capture carbon dioxide from the air, you have to put it in the ground.”
He added AI techniques will also be used to find the best locations to store the carbon by analyzing copious volumes of geological or seismic data. “We will also be looking at building what we call digital twins of our complex processing facilities. So we have big manufacturing plants around the world, and we will digitize those plants so that one can study the operations using complex models, and we will also be monitoring the various processes of our operations.”
The center will also work on data from manufacturing equipment so it can actually predict when they will fail. “If you have historical data and you can then predict when equipment failed, then you can actually do preventive maintenance. You can improve the reliability of supplies if you can predict when certain equipment can fail, and then we can use different types of robotic applications.”
“We have one of the applications that is a four-legged robotic dog that can actually move within large manufacturing facilities gathering information just like a human operator would do. The center will also look at enhancing the capabilities of robotics.”
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.
CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.
