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SLB launches digital marketplace for energy AI applications By Investing.com
HOUSTON - SLB (NYSE:SLB) announced today the launch of the SLB Digital Marketplace, a platform for energy companies to access AI agents, domain models and digital applications, according to a press release statement. The marketplace features approximately 200 digital products, including solutions from SLB and over 30 partners. Products include Delfi and Lumi SaaS applications, plug-ins, workflow extensions, data connectors, and Tela AI skills, agents and foundation models.The platform launch comes as SLB shares trade near their 52-week high of $58.82, with the stock delivering a 48% year-to-date return. The company's $84 billion market capitalization underscores its position as a major player in the energy technology sector. The platform extends SLB's Tela agentic AI assistant by allowing SLB, partners, independent software vendors, developers and customers to offer digital capabilities through a single channel. All marketplace offerings undergo certification for security, interoperability and compatibility before listing. "The SLB Digital Marketplace is designed to accelerate that shift by creating an open ecosystem where innovation can scale, solutions can interoperate and customers can move faster from insight to action," said Olivier Le Peuch, chief executive officer of SLB. The marketplace incorporates existing Ocean store solutions alongside new offerings. Energy professionals can use the platform to evaluate and access digital capabilities that extend workflows across Delfi and Lumi environments. Developers, partners and ISVs can publish and scale solutions across the SLB ecosystem. Rakesh Jaggi, president of SLB's digital business, stated, "The SLB Digital Marketplace is the next expression of our commitment to openness, giving energy professionals more choice while maintaining the governance and quality standards required for enterprise operations."According to InvestingPro analysis, SLB has maintained dividend payments for 56 consecutive years, reflecting the company's long-term financial stability. The platform offers access to comprehensive Pro Research Reports for SLB and 1,400+ other US equities, transforming complex data into actionable intelligence for investors. Developers and ISVs can apply to list applications through the SLB partner program at marketplace.digital.slb.com, with additional resources available at developer.slb.com. In other recent news, SLB announced a memorandum of understanding with Qualcomm Technologies to develop edge AI solutions for the energy industry. This collaboration aims to enhance real-time operational decision-making by combining Qualcomm's low-power edge computing with SLB's Agora edge AI and IoT solutions. Additionally, SLB's OneSubsea joint venture secured a contract from bp to provide a subsea boosting system for the Thunder Horse project in the Gulf of America. This contract follows similar awards for bp's Kaskida and Tiber developments, all utilizing the same standardized subsea boosting system. In terms of financial outlook, Bernstein SocGen Group raised its price target for SLB to $71, maintaining an Outperform rating. The firm cited an increase in SLB's long-term growth rate assumption due to strengthening prospects. Meanwhile, Argus also raised its price target to $66, maintaining a Buy rating, and noted SLB's resilience and potential for higher sales and profits in offshore and international markets. Barclays conducted an analysis of compensation structures at major US energy service companies, including SLB, to understand how pay metrics have evolved over time. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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SLB Launches SLB Digital Marketplace To Help Energy Companies Discover And Deploy AI And Digital Solutions
SLB had announced the launch of the SLB Digital Marketplace, a curated digital destination designed to help energy companies rapidly discover and deploy specialized AI agents, domain models, skills, tools, data connectors and digital applications within their existing digital environments. The SLB Digital Marketplace extends the company?s open platform strategy to its Tela agentic AI assistant by enabling SLB, partners, independent software vendors, developers and customers to bring purpose-built digital capabilities to the energy industry through a single, governed channel. All marketplace offerings are certified against SLB standards for security, interoperability and compatibility before listing. The launch comes as the industry moves toward agentic AI ? where software can reason, act and automate across complex technical workflows. As these capabilities proliferate, energy companies will need access to a broader ecosystem of specialized tools that work together across planning, operations, data and AI. The marketplace includes approximately 200 digital products including existing Ocean store solutions and new solutions from SLB and over 30 partners. These products span Delfi and Lumi SaaS applications, plug-ins, workflow extensions, data connectors, and Tela AI skills, agents and foundation models. For energy professionals, the marketplace provides a single destination to evaluate and access trusted digital capabilities that extend workflows across the Delfi and Lumi environments. For developers, partners and independent software vendors, it provides a structured path to publish and scale solutions across the SLB ecosystem. Developers and independent software vendors interested in listing applications can apply through the SLB partner program and access additional developer resources.
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SLB has launched the SLB Digital Marketplace, featuring approximately 200 digital products including AI agents, domain models, and specialized tools for energy companies. The platform extends the company's Tela agentic AI assistant and includes solutions from over 30 partners, marking a shift toward open ecosystem innovation in the energy sector.
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