Infosys has been selected by Shell Global Solutions International as the commercialization partner of the latter’s Shell Inventory Optimizer solution.

Through the partnership, Shell Global Solutions and the Indian IT services provider will launch Shell Inventory Optimizer as the first product for its energy customers.

Dan Jeavons — Shell Global Solutions International Vice President Computational Science and Digital Innovation said: “The Shell Inventory Optimizer was one of our earliest global digital products and has delivered millions of dollars in benefits for Shell, helping us to safeguard operations through inventory rightsizing.

“We are delighted to bring this innovation to market together with Infosys. The collaboration enables us to accelerate the development of this product and develop new and innovative features.”

According to Infosys, the solution makes use of artificial intelligence to help companies to streamline warehouse inventory levels based on historical consumption.

Infosys claimed that by enhancing demand planning, the new solution cuts down the time and labor needed for completing maintenance operations, while reducing the operation costs.

The Indian IT giant said that the collaboration will further consolidate the long-standing relationship between the two companies that has existed since 2000s.

Ashiss Kumar Dash — Infosys EVP and Segment Head – services, utilities, resources, energy said: “We are delighted to partner with Shell on their digital transformation and commercialization journey, particularly in the asset management space.

“The Shell Inventory Optimizer product will not only enable our clients to leverage emerging technologies in order to get deeper insights on their assets, but will also help them progress on their journey to become carbon neutral by bringing in operational efficiency by reducing wastage of raw materials.

“We are excited to bring Shell Inventory Optimizer solution to market and look forward to maturing our strategic collaboration with Shell.”

  Ashiss Kumar Dash, Dan Jeavons, India, Infosys, Shell Global Solutions International, Shell Inventory Optimizer, The Netherlands