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Baker Hughes Unveils New Digital Solutions for More Intelligent Operations and Cleaner Energy

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  • New solutions expand on Baker Hughes’ digital ecosystem, providing new levels of efficiency, performance and emissions reduction for oilfield, gas and industrial segments
  • Leucipa™ automated field production solution will enable proactive oil and gas production management
  • Cordant™ will offer an integrated suite of asset performance management and process optimization solutions for energy and industrial customers
  • Investment and collaboration with Corva will provide intelligent rig visualization and drilling operations

FLORENCE, Italy, Jan. 30, 2023 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced at its Annual Meeting in Florence, Italy, the introduction of multiple new digital solutions and investments to advance more intelligent and energy-efficient operations. The result of detailed research conducted with oil and gas, heavy industry and broader industrial customers and partners, the solutions focus on improving efficiency and performance while reducing emissions, helping to drive the long-term sustainability of customer operations.

“Digital is redefining the limits of how the energy and industrial sectors can increase efficiency, operate predictably and ensure lower emissions in a sustainable manner,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “We have long recognized digital is a critical capability in taking energy forward and leading in the energy transition, and we are continuing to invest and innovate for our customers. Our latest solutions are a testament not only to the power of digital enablement but also to our ongoing commitment to driving more efficient, informed and sustainable operations for our customers and ourselves.”

Leucipa™ is a public and private cloud-based automated field production software solution designed to help oil and gas operators proactively manage production and reduce carbon emissions. Leucipa focuses first on the specific outcome an operator wants to achieve, harnessing and leveraging data to drive intelligent operations.

A significant number of oil and gas production activities are still conducted manually, leading to inefficiencies, unnecessary costs and lost production. By automating production processes, Leucipa will eliminate much of that inefficiency, ensure more environmentally sound operations, and enable customers to help recover the millions of barrels that would have otherwise remained in the ground.

Pan American Energy Corp, a leading energy company in Argentina, has agreed to be the launch customer of Leucipa. Pan American’s pioneering decision showcases the company’s commitment not just to enhance production management but also to increase energy efficiency, positioning them at the forefront of the industry. Leucipa will be released to the global market by mid-2023.

Cordant is an integrated suite of solutions supporting industrial asset performance management and process optimization. Building on Baker Hughes’ broad and established rotating equipment, critical sensors, valves, pumps, gears, and inspection service domain expertise, Cordant will combine existing digital offerings for hardware, software and services capabilities into one integrated and simplified user interface. Customers’ digital assets, tools and insights will converge within Cordant and can easily integrate with existing Baker Hughes technologies as well as technologies from other equipment manufacturers.

Cordant is available today through a modular approach. Customers can deploy Cordant through a variety of models that best aligned to their preferences: a hardware and software bundle; software as a service; on-premise offerings; or as an outcome-based solution tied to specific performance indicators. Releases with further enhancements and connectivity are planned throughout 2023 and beyond.

The Leucipa and Cordant solutions leverage and advance Baker Hughes’ core capabilities of enhanced domain expertise, engineering and advanced services capabilities by offering customers a personalized experience through actionable insights gleaned by state of the art artificial intelligence (AI) engines. Baker Hughes remains committed to delivering the best solutions for its customers and staying at the forefront of digital innovation.

In addition, Baker Hughes announced today it is collaborating with Corva, which offers an open solution for well construction digital offerings to enhance rig visualization and decision making in the oil and gas industry. Corva’s analytics and real-time data capabilities will improve well construction operations and reduce costs. Corva’s open development platform allows innovation by the operator and/or service providers. Baker Hughes is a minority investor in Corva, becoming an international reseller and introducing new applications to the Corva App Store for access to its oilfield expertise. The collaboration aims to create a digital accelerator for improved efficiency in rig operations.

These three digital solutions are key components of Baker Hughes’ mission as the digital partner of choice for energy and industrial customers. Together, these solutions help customers drill better, produce more, and experience more intelligent operations. They enable customers to make better, more informed decisions to better optimize their operations, reduce costs and increase production.

About Baker Hughes:
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Media Relations

Chiara Toniato
+39 346-382-3419
[email protected]

Victoria Ingalls
+1 346-269-5764
[email protected]

Investor Relations

Jud Bailey
+1 281-809-9088
[email protected]

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Innodisk Unveils Groundbreaking MIPI over Type-C Solution for Enhanced AI Vision Applications

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TAIPEI, April 23, 2024 /PRNewswire/ — Innodisk, a leading global AI solution provider, announces the launch of its industry’s first MIPI over Type-C solution. This exclusive technology overcomes traditional MIPI cable lengths limitations, allowing embedded camera modules to be positioned farther from the system. This expands the possibilities for visual AI applications, particularly in smart manufacturing and smart cities, enabling the seamless integration of high-quality vision systems into these evolving environments. 

The increasing popularity of vision-based applications across industries highlights the critical need for high-quality, reliable camera solutions. As computer vision becomes a cornerstone of AI development, the demand for industrial-grade cameras continues to surge. Innodisk recognizes this need and has developed the MIPI over Type-C Solution to address the challenges faced by vision system integrators and developers.
Innodisk’s MIPI over Type-C technology extends the connection distance to 2 meters or more, surpassing the previous 30 cm cable length limitation while maintaining high performance. It enables seamless conversion to a custom USB Type-C interface through a tailor-made adapter board and offers cost-effectiveness compared to SerDes solutions.  Additionally, this solution boasts successful deployments on NVIDIA Jetson, Intel x86, and ARM platforms, with Innodisk actively investing in R&D to ensure ongoing compatibility across various platforms, accelerating the deployment of edge AI applications for clients.  
Innodisk’s MIPI over Type-C camera module solutions are extensively used in various smart applications. They are revolutionizing industries like smart manufacturing, where AMRs and forklifts benefit from high-quality imaging and extended reach. Similarly, shared mobility applications such as shared bikes leverage these modules for enhanced safety and efficiency. By offering a combination of high bandwidth and longer range, Innodisk’s solution removes cable length limitations, unlocking a wave of new possibilities for smart applications.
Innodisk’s MIPI over Type-C solution marks a significant leap forward, building upon its diverse MIPI camera module portfolio and seamless platform integration. This includes compatibility with NVIDIA Jetson, Intel 12th to 13th Gen, Core Ultra processor, AMD Xilinx, and NXP. As the sole Intel-certified MIPI Camera partner in Taiwan, Innodisk collaborates closely with IPC manufacturers, possessing professional integration capabilities to offer comprehensive support and services to customers. The MIPI over Type-C Solution is poised to redefine the future of vision technology, offering performance, flexibility, and affordability.
For more information, please visit: http://www.innodisk.com
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Abstract Security Expands its Global Footprint, Welcomes Regional Leader

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Investment in the MENA region demonstrates commitment for local channel ecosystem, a first regional foothold with future expansion plans to follow
ABU DHABI, UAE, April 23, 2024 /PRNewswire/ — Abstract Security, crafted by category creators who have consistently redefined the cybersecurity landscape, today announced the opening of its first Middle East office, to be led by Abdulaziz Koujan, Middle East and North Africa regional sales leader.

Based in Riyadh, Koujan is a seasoned and trusted leader, having worked in the region for over 18 years and formally leading the Saudi Arabian business for Anomali and Intel471. In his role, Koujan will work closely with channel partners and lead sales across the Middle East and North Africa.
“Our move into the Middle East and North Africa is a strategic step towards our global commitment to enhancing cybersecurity resilience,” said Colby DeRodeff, CEO and cofounder of Abstract Security. “It’s an opportunity to introduce our robust, analytics-driven cybersecurity solutions to a market experiencing rapid digital transformation. We’re poised to make a substantial impact on how businesses in the region safeguard their digital assets.”
Current SIEM detection is largely ineffective, and for most organizations, security analytics have been reduced to saved searches and dashboards, without the power of correlation. Koujan’s strong background in SIEM helps him understand these challenges deeply, and the fundamental change that Abstract can bring with AI-driven Security Operations Center (SOC) automations. Joining with local channel partners, Koujan will help ensure Abstract’s advanced cybersecurity technologies are accessible to organizations across the region, ultimately helping them become more effective at detecting and mitigating threats.
“Abdulaziz Koujan’s addition as our MENA regional sales leader is pivotal,” said Richard Betts, Vice President of International at Abstract Security. “His deep regional insight will be invaluable as we align our market-leading solutions with the unique needs and challenges faced by businesses in the Middle East and North Africa.”
For those interested in getting early access to Abstract’s platform, please contact [email protected] for more information. 
About Abstract SecurityAbstract Security, founded in 2023, has built a revolutionary platform equipped with an AI-powered assistant to better centralize the management of security analytics. Crafted by category creators and industry veterans known for redefining the cybersecurity landscape, Abstract transcends next-gen SIEM solutions by correlating data in real-time between data streams. As a result, compliance and security data can be leveraged separately to increase detection effectiveness and lower costs – an approach that does not currently exist in the market.
Co-founders Colby DeRodeff, Ryan Clough, and Aaron Shelmire bring a unique set of experiences and backgrounds in product development and company-building expertise, formerly at companies like ArcSight (acq. by HP), Mandiant (acq. by Google), Palo Alto Networks and others. For more information about the company, please visit https://www.abstract.security/ and follow the journey @Get_Abstracted.
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LINKDOOD Rolls Out Groundbreaking Real-Time Native Language Communication Feature, Revolutionizing Global Instant Messaging

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— Cutting-edge technology eradicates language barriers; Thailand, UK, Spain, and Malaysia to first reap the benefits of limitless communication.
LONDON and SINGAPORE and NEW YORK, April 22, 2024 /PRNewswire/ — Amidst the swift strides of globalization, LINKDOOD Technology Co., Ltd. today unveiled an innovative cross-lingual, real-time communication feature across Thailand, the UK, Spain, and Malaysia. This pioneering technology, driven by sophisticated artificial intelligence, facilitates instant translation across over 100 languages, offering a seamless, barrier-free communication solution globally and eradicating linguistic obstacles. 

“We are incredibly proud to launch this revolutionary feature, marking a significant milestone for LINKDOOD in the global communications realm,” stated Jackie Lin, Co-founder of LINKDOOD. “This tool not only removes language barriers but also ushers in unprecedented freedom in communication through real-time native language interactions. It is poised to significantly bolster global business operations and enhance cultural understanding and exchanges.”
Traditional instant messaging applications and standard translation tools often fall short in efficiency, particularly in multilingual settings, necessitating frequent app switching and cumbersome copy-pasting. LINKDOOD’s synchronous communication and translation capabilities elegantly address these issues, showcasing exceptional performance in cross-cultural romance, international business, and language learning, thereby markedly elevating convenience and fluidity of interactions.
Comparative Advantages Over Other Tools
Against conventional instant messaging apps like WhatsApp or WeChat, LINKDOOD offers substantial benefits in multilingual real-time communication, eliminating the need to toggle between applications to translate, thus significantly boosting usability. Moreover, unlike standalone translation apps such as Google Translator, LINKDOOD integrates a real-time native communication solution directly within its messaging framework, ideally suiting scenarios that demand instant responses.
Core Capabilities of LINKDOOD
Real-Time Translation with Communication: Supports a wide array of languages including but not limited to English, Chinese, Spanish, and Thai, facilitating real-time textual and vocal translations among users, ensuring a completely barrier-free exchange across diverse languages. This integration enhances the natural flow and efficiency of conversations significantly.Advanced Data Security and Privacy Protections: Implements private server deployment with end-to-end encryption of all data transmitted through Linkdood, safeguarding against data breaches and unauthorized access, thus offering more robust security than conventional public cloud-based social media platforms.AI-Enhanced Translation Accuracy: Employs cutting-edge artificial intelligence technologies, including natural language processing and machine learning, to deliver not just literal translations but also contextually accurate semantic interpretations, particularly excelling with technical jargon and industry-specific dialects.Practical Scenario
International Business Communications: As companies increasingly go global, effective cross-border business communications are crucial. LINKDOOD’s instant translation features allow for the instantaneous sharing of business documents, emails, and meeting discussions with international partners on a secure platform, significantly streamlining communication workflows.Cross-Cultural Romance and Friendship: In today’s globalized world, cross-cultural relationships are commonplace. LINKDOOD’s real-time translation capabilities enable effortless communication with potential partners worldwide, removing language as a barrier to forming deep connections.Language Learning: Enhancing personal global competitiveness through foreign language proficiency is more accessible with LINKDOOD’s real-time dialogue translation features, allowing learners to immediately apply their language skills and receive instant feedback from native speakers, thereby accelerating the learning process.Market Outlook: As cross-national communications become standard practice in the wake of intensified globalization, LINKDOOD’s newly launched feature meets critical market needs and sets new benchmarks in the efficiency, immediacy, and accuracy of international communications. It is anticipated to significantly foster international trade, educational collaborations, and cultural exchanges, further solidifying LINKDOOD’s competitive stance in the global market.
About LINKDOOD Technology Co., Ltd. Specializing in the development of secure instant communication platforms, LINKDOOD Technology Co., Ltd. leverages advanced AI technologies to address global communication barriers, offering high-efficiency, user-friendly, and secure solutions. This latest enhancement not only signifies a technological leap for LINKDOOD but also forecasts the firm’s proactive trajectory in the international arena.
Contact Information:
Email: [email protected] Website: https://www.linkdood.comWith its real-time multilingual translation and reinforced privacy measures, LINKDOOD promises users worldwide unparalleled communicative freedom and security in business, travel, or personal engagements. As AI technology evolves, LINKDOOD is set to persist as a frontrunner in the instant communication market, continually delivering superior, secure communication solutions globally.

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