Halliburton Forms Strategic Agreement With Microsoft and Accenture to Advance Digital Capabilities
Halliburton (NYSE: HAL), Microsoft Corp. (Nasdaq: MSFT)
and Accenture (NYSE: ACN) today announced they have
entered into a five-year strategic agreement to advance
Halliburton’s digital capabilities in Microsoft Azure.
Under the agreement, Halliburton will complete its move to
cloud-based digital platforms and strengthen its customer
offerings by:
- Enhancing real-time platforms for expanded remote operations,
- Improving analytics capability with the Halliburton Data Lake utilizing machine learning and artificial intelligence, and
- Accelerating the deployment of new technology and applications, including SOC2 compliance, for Halliburton’s overall system reliability and security.
“The strategic agreement with Microsoft and Accenture is
an important step in our adoption of new technology and
applications to enhance our digital capabilities, drive
additional business agility and reduce capital
expenditures,” said Jeff Miller, Halliburton chairman,
president & CEO. “We are excited about the benefits our
customers and employees will realize through this
agreement, and the opportunity to further leverage our
open architecture approach to software delivery.”
“Moving to the cloud allows companies to create market-
shaping customer offerings and drive tangible business
outcomes,” said Judson Althoff, executive vice president,
Microsoft’s Worldwide Commercial Business. “Through this
alliance with Halliburton and Accenture, we will apply the
power of the cloud to unlock digital capabilities that deliver
benefits for Halliburton and its customers.”
The agreement also enables the migration of all Halliburton
physical data centers to Azure, which delivers enterprise-
grade cloud services at global scale and offers sustainability
benefits. Accenture will work closely with Microsoft, in
conjunction with their Avanade joint venture, to help
transition Halliburton’s digital capabilities and business-
critical applications to Azure. Accenture will leverage its
comprehensive cloud migration framework, which brings
industrialized capabilities together with exclusive tools,
methods, and automation to accelerate Halliburton’s data
center migration and provide for additional transformation
opportunities.
“Building a digital core and scaling quickly across a
business is only possible with a strong foundation in the
cloud,” said Julie Sweet, chief executive officer, Accenture.
“Halliburton recognizes that this essential foundation will
provide the innovation, efficiency and talent advantages to
do things differently and fast. We are proud to be part of
this transformational change, which builds on our long
history working with Halliburton and Microsoft.”
The companies expect to complete the staged migration by 2022.