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"Data analytics software incorporates machine learning technologies to accelerate the efforts of the user, but takes things one critical step further. The main difference is that data analytics software is always used in a directed fashion by the engineer or expert seeking specific answers or insights to a question, instead of just calculating relationships without context or focus."

"The leadership team at Seeq has a strong grasp of the IIoT potential, with a solid background in both the IT and OT implications on Big Data Analytics, rare among larger co-opetition."

Startups have a vital role to play in introducing new technology and business models to the upstream oil and gas industry.

"Technology startups also have a role to play not only in advancing innovative technologies, but business plans as well. Steve Sliwa, founder and CEO of software firm Seeq Corporation, said that there’s a certain agility that comes with the startup environment, the latest tools they offer and the ability to update products frequently based on customer feedback."

IHS, the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape, names Seeq® an Energy Innovation Pioneer for 2016.

Selected for its innovation in enabling faster insights on energy production data, Seeq will be featured at IHS CERAWeek, the world’s premier energy industry event, taking place February 22-26 in Houston.

Seeq is one of just ten companies selected as an Energy Innovation Pioneer, which recognizes companies and entrepreneurs developing technologies and business plans that are transforming the energy future. Seeq is the first of a new generation of applications which address the gap between the volume of data collected in the generation, processing, and distribution of energy, and the challenges of extracting insight and benefit from that data. This challenge, where organizations are “drowning in data but starving for information,” is a key business issue and it's only getting worse with the proliferation of new sensors and data associated with the Internet of Things. The benefits to energy industry customers using Seeq include faster time to insight on quality, yield, margins, and safety.

Seeq Corporation President Steve Sliwa will be joining other Energy Innovation Pioneers to discuss the impact of new technologies on the future of energy. He will speak at a Strategic Dialogue on February 23, 7:30 – 8:45 a.m. CST: Accelerating Game Changing Oil and Gas Technologies to Manage an Industry in Transition.

“We selected Seeq from a list of more than 350 early-stage technology companies covering the entire spectrum of the energy production value chain because of their innovative approach to enable frontline engineers to perform advanced analytics and extract actionable insights on energy industry data in a timely manner,” said Carolyn Seto, director at IHS Energy and co-chair of the Energy Innovation Pioneers program. “The demand for solutions that unlock user productivity in discovering insights within the vast amounts of data generated in the energy industry is very high, and growing every year.”

“Seeq redefines user productivity in the pursuit of insights and value from the vast quantities of data generated in the energy industry,” said Dr. Sliwa. “We are honored to be recognized as a 2016 Pioneer and look forward to discussing how Seeq can assist companies in the industry with key issues such as reliability, energy optimization, and safety.”

IHS energy experts select promising energy technology companies for the CERAWeek Energy Innovation Pioneers based on creativity, feasibility of plan, scalability of technology and leadership team. The Energy Innovation Pioneers are being recognized at this week's CERAWeek conference, that draws more than 2,800 executives and other thought leaders from the global energy industry to discuss policy, markets and technologies, as well as environmental and climate concerns.

Seeq R12 is available on a free trial basis by clicking on this link. The software can be downloaded, installed, connected to data, and delivering insights in a matter of minutes. For more information, please contact us.

About IHS (www.ihs.com)

IHS (NYSE: IHS) is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 140 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs approximately 8,600 people in 32 countries around the world. IHS is a registered trademark of IHS Inc.

All other company and product names may be trademarks of their respective owners. © 2016 IHS Inc. All rights reserved.

Seeq was included in a roundup of Emerson partner offerings in the October 2015 edition of Insider, the Industrial Automation & Process Control newsletter published by longtime industry observer Walt Boyes.

Walt covered the news from the Emerson Exchange User Conference held last October, including a summary of the keynotes and a tour of partner products in the exhibition area. Walt was very enthusiastic about Seeq, calling it “by far the most interesting partner this year” and “a breakthrough devoted to time-series data investigation.” The article also quotes both Seeq CTO Brian Parsonnet and Emerson Chief Strategy Officer Peter Zornio on the work that Seeq and Emerson are doing together to enable insight on Fisher Valve data and other Emerson data sources.

Emerson’s Chief Blogger Jim Cahill interviews Damon Meadows of Fisher Lifecycle Services on how Emerson’s the new Control Valve Condition Monitoring service benefits customers by improving reliability and maintenance efficiency. 

This service relies on Seeq software to enable the service experts to analyze and interpret data from Fisher Valves, as demonstrated at the Emerson Exchange user conference and presented at the ARC Industry Forum.

The technology connecting people, machines, suppliers and processors is rapidly changing the manufacturing industry.

ARC today published a Market Research Study on Enterprise Manufacturing Operational Intelligence (EMI). EMI is the framework of integrated software and services that bring together a company’s manufacturing and operations data. This requires integrating disparate sources in a cohesive, intelligent, and contextual fashion for reporting, analysis, and visualization. Applications included in EMI include data integration and aggregation, data contextualization and management, analytics and analysis, and visualization.

A subset of the Manufacturing Execution System (MES) market, EMI, is the fastest-growing subcategory within this space and exceeded $1.1B in revenue for 2014. Its rapid growth is being driven by customers looking to make faster decisions, avoid abnormal behavior, improve time-to–value, and optimize operations. EMI solutions can accomplish all of these objectives, while helping to improve visibility and reduce costs.

Over 30 vendors, including Seeq, are referenced in the EMI market study which is available from ARC. This is Seeq’s first inclusion in the ARC EMI Market Research Study. Key Seeq features which align with the goals and objectives of EMI offerings include data integration, contextualization, analytics, and collaboration among peers. Seeq also aligns with the report’s focus on deployment flexibility as it enables both on-premise and cloud-based scenarios as more customers consider hosted alternatives for their data analytics.

Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry and infrastructure. ARC coverage of technology and trends extends from business systems to product and asset lifecycle management, supply chain management, operations management, energy optimization, industrial internet of things (IoT) and automation systems.

Now a new inflection point may be at hand in terms of databases for historians, this time in the form of Not Only SQL (NoSQL) databases.

Seeq is referenced by Gartner in “Data Integration Architectures for Synergies Between IT Systems and Operational Technologies,” published in June, 2015, by Gartner analysts Ted Friedman and Kristian Steenstrup.

According to the report, “Gartner expects that new startups in the marketplace will take a fresh approach to managing time-series process data.”

Integration and insight on combined IT/OT data sets is required to enable organizations to achieve operational efficiencies and proactively monitor and react to real-time conditions. This is an issue that will grow in importance with the expanding use of sensor technologies, mobile capabilities, and the influence of cloud economics for data storage. These developments, together with advanced analytics capabilities, are creating new digital business opportunities that require data integration strategies for IT/OT data sources in order to unlock their potential for improved outcomes.