Seeq Corporation, a provider of manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, has reached an agreement with Saudi Arabia’s Aramco to further expand its operational analytics strategy as part of the company’s ongoing digital transformation programme.
The agreement will provide Aramco engineers and subject matter experts with Seeq’s self-service analytics, predictive modeling data analytics, and visualisation tools.
At Aramco, Seeq software can be used for:
• Automating error detection in multi-phase measurements.
• Catalyst deactivation rate prediction.
• Coking prediction.
• Corrosion rate analysis.
• Automated monitoring of oilfield advanced process control.
• Fleet-wide asset monitoring.
• Operationalising predictive analytics models for sustainability insights.
“Seeq is empowering our engineers and subject matter experts with easy-to-use analytics tools to truly democratising data science. We see this as a key element for scaling operational analytics across the organization,” said Walid Al Naeem, Manager of Process and Control Systems Department, Aramco.
“We are pleased to partner with Crucial Solutions and Services (CSS) to collaborate on Aramco’s industrial digitalisation initiatives,” added Lisa Graham, CEO of Seeq.
“We will do this by leveraging big data, machine learning, and computer science innovations.”
“Seeq will help Aramco reach new levels of process efficiency, production optimization, and interdisciplinary collaboration,” commented Sulaiman Alzuhair, General Manager and Founder of CSS.
Seeq recently announced closure of a $50 million Series C funding round, led by global venture capital and private equity firm Insight Partners, including participation from existing investors Altira Group, Chevron Technology Ventures, Cisco Investments, and Aramco Ventures.
The round brought Seeq’s total funding since inception in 2013 to approximately $115 million.
In addition to distribution in the GCC through CSS, Seeq is available worldwide through a partner network of system integrators, which provides training and resale support for Seeq in over 25 countries, augmenting its direct sales organization in North America and Europe. –Tradearabia News Service