We are firmly and fully now in the digital age. But that is really not enough. Digital data collection has made incredible strides over the last several years in every industry, and the data generated in the energy industry dwarfs many other industries, with seismic data processing, as one example, being one of the three top users of super-computing horsepower. The real issue though is making practical and pragmatic use of the data and here we are behind the curve or on the leading edge with little direction. Studies have shown that efficient organization and access to digital data can improve a person’s productivity dramatically, though to say it is in widespread use would be premature. Between the collection of the data and its then highest use is the area that is in the greatest need of development. Good answers are what is needed. Data processing has sped up dramatically with the continual evolution of computing power. The link between huge volumes of data, be it geoscience, facilities, projects or other, and the effective use of that data will be the “next big thing”.

For this Company Spotlight, we interviewed HUVR’s Co-Founder and Chief Executive Officer (Bob Baughman). HUVR enables the aggregation, analysis, and automation of visual and quantitative inspection data from any device, sensor, robot, or field technician. For more information on HUVR, please visit www.huvrdata.com.

Background: Before co-founding HUVR, Bob Baughman spent 30 years working in the technology sector at both large (e.g., AMD & Intel) and early-stage companies. When deciding what his next venture would be, Bob knew that cloud-based analytics was where he wanted to focus, and at the time, ….. READ MORE

Pandell is an industry leader in delivering Software-as-a-Service (SaaS) solutions to 500+ energy companies in Canada, the USA, and abroad. Through its innovative suite of products in land, GIS, accounting and field software, Pandell serves a wide array of energy companies looking to optimize their operations, including oil & gas, utility and renewable players. This acquisition is part of a broader strategic vision for ESG to be the end-to-end software provider that helps energy leaders thrive in an ever-changing global energy landscape.

Related Press Release: ESG Acquires Pandell, Broadening Reach Across Energy Value Chain

Anderson Optimization is the industry leader in solar siting software, specializing in automation for renewable development's early-stage site selection processes. Anderson's innovative solutions allow developers to choose the best project locations while accounting for a range of factors such as interconnection, terrain analysis, solar potential, and environmental conditions. PVcase is a next-generation PV software-as-a-service company. Driven by world-class engineering and a cutting-edge development team, PVcase is helping power the energy transition by making solar project design faster, more efficient and more precise. The acquisition will allow Anderson Optimization to streamline the process of designing utility-scale solar power plants in E.U. markets.

Pixxel is a space data company building a constellation of the world’s highest-resolution hyperspectral earth imaging satellites and the analytical tools to mine insights from the data. The constellation will aim to provide global coverage every 24 hours and help detect, monitor, and predict global phenomena across agriculture, mining, environment and energy use cases. The new funds will advance Pixxel’s mission to build the world’s first and highest-resolution hyperspectral satellite constellation, delivering actionable climate insights on a planetary scale. It will also help further the development of Aurora: Pixxel’s AI-powered analytics platform to make hyperspectral analysis accessible for everyone.

On.Energy is a fully integrated energy storage system solutions provider. On.Energy’s experienced team leverages its proprietary On.Command™ energy management system to implement customized, turnkey solutions that support peak shaving, energy arbitrage, frequency regulation, UPS/backup power, wholesale market integration, and microgrid operations for utilities, system operators and C&I customers across the Americas. In addition to proprietary software On.Energy currently has a pipeline of over 2.5 GWh of projects in five countries, or which half are in North America. A significant allocation of the funds raised will be utilized to accelerate the development, construction, and operation of its energy storage systems in the Electric Reliability Council of Texas (ERCOT) market. On.Energy is in the process of constructing 300MWh of energy storage systems in the ERCOT region.

Based in Cambridge, Massachusetts, Salient combines novel ocean and land-surface data with machine learning and climate expertise to deliver the world's most accurate subseasonal to seasonal weather forecasts 2 to 52 weeks in advance. EIC Rose Rock provides early-stage funding for entrepreneurs developing energy technologies that advance energy diversification, improve sustainability and enhance the operational efficiency of existing oil and gas assets. The investment will assist in developing innovations that enhance energy delivery systems for corporate energy partners who recognize weather as a crucial component of their operations.

Related Press Release: EIC Rose Rock Announces Investment Into Salient Predictions

Energy Technology Musings

Where is the Link Between Big Data and Its Effective Use in the Energy Industry?