News
Our Projects
Energy Asset & Business Management
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Energy resources transactions - large market size
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Energy resources data is fragmented, residing in physical media such as analog tapes, paper and multiple databases.
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Implementation of a business development platform can help maximize asset data integrity and enable digital workflows for asset rationalization, accelerated deal flow and timely asset reallocation.
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Our Approach
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Technology collaboration with a U.S. onshore natural gas resource player.
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Proprietary architecture includes visualization, database and expert system for data consolidation, visualization and analysis.
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Web-based Proof-of-Concept demo with data consolidated from multiple sources in a virtual data room.
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Machine-readable Digital Contracts
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Business contracts typically lack uniformity. Their state poses missed opportunities as they contain data-entitlement, obligations, liabilities—core to formalize relationships between parties.
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Adoption of digital technologies is transforming contracts from static files to dynamic data—creating more collaborative, data-driven documentation.
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New contract “data models” would drive productivity via automation, eliminate human error, and improve process efficiency and consistency.
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Our Approach
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Build on Seismic Data Entitlement project.
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Technology collaboration with Imperial College London (UK), Faculty of Engineering, Department of Computing.
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Proprietary architecture ​includes translation of digitalized contracts (e.g. pdf) to simplified text, use of syntax tree and machine learning (artificial intelligence), and conversion to software code.
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Ongoing feasibility study for digital workflow with ​proof-of-concept demo in Q1-2023.2023.
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Multi-client Seismic Data Entitlement
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Multi-client seismic market valued at $2.5 billion in 2019.
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Multi-client seismic data is fragmented, residing in physical media such as analog tapes, paper and databases.
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Implementation of digital technologies can help maximize seismic data integrity, traceability and contract compliance across the industry.
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Our Approach
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Technology collaboration with Imperial College London (UK), Faculty of Engineering, Department of Computing.
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Proprietary architecture includes visualization, database and expert system for managing data entitlement states.
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Web-based Proof-of-Concept demo: multiple surveys and company states subject to contractual terms and conditions.
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Digital Catalog Management for MRO e-Procurement
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Industrial maintenance, repair and operations of machinery and equipment (MRO) industry valued at $730 billion in 2022.
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MRO parts data is highly fragmented, mostly residing in supplier catalogs, databases, and on paper.
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Implementation of digital technologies enable optimization of e-procurement, resulting in improved financial controls, process compliance, and cost savings.
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Our Approach
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Technology collaboration with a major global EPC in the Energy & Resources industry and a Europe-based software developer.
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Proprietary software architecture includes data harvesting, visualization, analytics and automated workflows.
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iCaravel Digital Catalog Platform* and associated services were launched in 2022; several pilot projects underway.
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(*) iCaravel Digital Catalog Platform is a trademark of iCaravel.
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