SOCAR and IBM announce joint venture

Jan. 16, 2018

IBM and SOCAR, Azerbaijan’s state-owned energy company, will form a joint venture called the Caspian Innovation Center to build and operate a competitive analytics and delivery center to provide IT, business transformation and business consulting services in Azerbaijan and other countries.

The SOCAR-IBM joint venture will offer its services to SOCAR and other companies in the region, in order to facilitate digital business transformation and boost the efficiency of production in the energy industry and across sectors.

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