Mumbai: Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company was accredited with IDC Future Enterprise Award, under the category ’Best in Future of Operations’ during the IDC DX Summit 2022 in Amritsar, for their ‘Digital Nerve Centre’ – IRIS.
The company’s digital platform IRIS, was selected amongst more than 1,000 entries from major Asia Pacific countries. The award speaks for the work that BPCL has done around Artificial Intelligence across their pan India facilities, making a positive impact on the environment by integrating real-time data from across BPCL’s countrywide network.
IRIS is completely transparent and system driven without any manual intervention. It works on the concept of leveraging new and existing technology to build internal efficiency and consistently deliver a better customer experience. It gives BPCL an edge to stand out as a “Technology driven Company” and build a unique brand in the minds of Customers.
BPCL has implemented massive-scale digital transformation to reinforce Trust, Convenience and Personalization for consumers and enhance efficiencies and transparency in operations.
IRIS, powered by AI and machine learning capabilities, is the nerve centre, hosted on BPCL Cloud integrating retail outlets, Terminals, LPG plants and big I&C Customers, designed to monitor the entire journey of every product – from fuel terminals, LPG plants, to Fuel Stations, integrating the entire value chain – giving a single view and enabling real time corrective actions.
The award reflects BPCL’s efforts to transform India’s second largest oil and Gas Company digitally through reimagining its extensive sales and distribution network.
IDC defines Digital Transformation (DX) as the approach in which organizations drive changes in their business models and business ecosystems by leveraging digital technologies and competencies.
About Bharat Petroleum Corporation Ltd. (BPCL):
Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the elite club of companies having greater operational & financial autonomy.
Bharat Petroleum’s Refineries at Mumbai & Kochi and Bina at Madhya Pradesh have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, energy stations, aviation service stations and LPG distributors. Its distribution network comprises over 20,000 Energy Stations, over 6,200 LPG distributorships, 733 Lubes distributorships, and 123 POL storage locations, 54 LPG Bottling Plants, 60 Aviation Service Stations, 4 Lube blending plants and 4 cross-country pipelines.
Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has chalked out the plan to offer electric vehicle charging stations at around 7000 energy stations over next 5 years.
With a focus on sustainable solutions, the company is developing a vibrant ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions. Bharat Petroleum has been partnering communities by supporting innumerable initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With ‘Energising Lives’ as its core purpose, Bharat Petroleum’s vision is to be the most admired global energy company leveraging talent, innovation & technology.
News & Image Source : psuconnect.in
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