Amazon.com Inc., through its cloud computing arm Amazon Web Services (AWS), has entered into a strategic agreement with Weatherford International plc to accelerate digital transformation and enhance operational efficiency in the energy sector. Announced on May 13, 2025, this collaboration designates AWS as Weatherford's preferred cloud provider, facilitating the migration and modernization of Weatherford's software and hardware suite. This initiative aims to drive innovation by leveraging AWS's cloud infrastructure, thereby enabling Weatherford to offer advanced operational and petrotechnical solutions. The partnership will also support the development of next-generation technologies and enhance Weatherford's Unified Data Model, promoting data-driven decision-making and operational efficiency for energy companies.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.