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Multiple new clients add asset55 innovation into their delivery programs

Multiple new clients add asset55 innovation into their delivery programs


Leading technology house, asset55, have reached record highs as they have seen their customer portfolio grow by more than 20 new adds in the last 9-months.

The specialist software and services provider to the global energy market has grown their client base by almost 30%, in addition to retaining and renewing several existing key accounts. These new wins have been spread across both their Operations and Construction Divisions, with the UK, North America, APAC, and the Middle East dominating geographically.

Paul Bicker, asset55 CTO, comments:

“It’s been a tough year for the energy industry, especially within oil and gas, so I’m delighted we’ve been able to support so many new clients in driving efficiency, productivity and cost savings through operations, greenfield, and brownfield projects.”

The iQ product group saw clients added to both its calculation engine solution as well as its recently launched project focussed offering. Paul continued:

“We’ve seen a fairly even spread across operators, tier 1, and tier 2 providers, as full spectrum clients looked to embed technology to facilitate the change they needed, especially in the current environment. But digitisation must demonstrably improve outcomes, it must be born out of industry experience and founded upon real world application. This is exactly the space in the market we inhabit, and I’m delighted we’ve been able to help so many new clients realise new opportunity.”

Within its Operations product group, the last few months has seen the company release v3 of its calculation engine, its most significant technical advance in almost a decade, as well as iQ Control, their multidiscipline construction execution platform, ideally suited to the operations environment to deliver planned maintenance, repair orders, modifications, shutdown, and TAR scopes.

asset55’s Construction Division has seen another period of strong growth, with delivery into ExxonMobil, GCGV, and a long-term partnership with McDermott on TotalEnergies’ Tyra. Daniel Cahalarn, director at asset55, said;

“Our software and services are all about enhancing decision making and creating clear opportunity, reducing major project timescales, and preventing budget overrun. Operators and EPCs alike are driving better project outcomes through insight and control, bringing data together within our technology and affecting real change with it. We have quantified tens of millions of dollars savings against multiple projects, so we’re really seeing traction now from these results. Our industry runs on a clock, and we’re here to help our customers protect time.”

Read the latest issue of the OGV Energy magazine HERE


Published: 01-07-2021

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