Top Indian oil PSU Bharat Petroleum Corporation (BPCL) and NYSE listed Irish consulting have joined hands to launch a digital database for the oil PSU. Accenture will use its capabilities in data, artificial intelligence (AI) and cloud technologies to build, design and implement a digital platform, called IRIS.
The new platform will integrate real-time data from across BPCL's countrywide network, including more than 18,000 fuel retail outlets, 25,000 tank trucks, 75 oil installations and depots, 52 liquefied petroleum gas (LPG) bottling plants and 250 additional industrial and commercial locations, to provide a consolidated view of its extensive operations.
Driven by analytics based on AI and machine learning technologies, the IRIS platform will subsequently trigger automated alerts and actions, including rapid response to equipment failures or hazardous situations.
“Digital transformation opens up new opportunities for the oil and gas industry. As an organization passionate about embracing change and leading the charge, we look forward to leveraging technology to unlock tremendous value, sustainable growth, and improved efficiency,” Arun Kumar Singh, Director (Marketing) and Director (Refineries), BPCL, said.
It will also empower the BPCL workforce of more than 100,000 across the country to make faster and more accurate decisions, including preventative maintenance. This can also help BPCL increase its sales at fuel retail outlets by minimizing infrastructure downtime and ensuring consistent fuel quality, as well as improve the experience for customers.
By embedding intelligence in BPCL's sales and distribution network, Accenture is helping BPCL optimize its operational performance and efficiency, enhance security and safety and deliver a superior experience for its retail and commercial customers across the country.
The new platform will also be capable of accepting more than three million inputs per second from automated sensors, cameras and Internet of Things (IoT) devices deployed at all key locations, tracking performance based on key parameters such as fuel stock, safety, compliance, equipment health and boosting asset uptime.
BPCL's field workforce and partner network will have a seamless experience thanks to support from a portal, mobile app and call centers in Noida and Chennai. The digital sales and distribution platform will use BPCL's cloud infrastructure, making it more agile and scalable.