Arundo Analytics Partners with Acteon Group to Deliver Advanced Machine Learning Applications in Subsea Services

April 10, 2018

HOUSTON & OSLO, Norway–(BUSINESS WIRE)–#AI—Arundo
Analytics, a software company enabling advanced analytics in heavy
industry, announced a partnership with Acteon
Group, an integrated global provider of subsea services, to deliver
machine learning models for subsea applications on the Arundo Enterprise
platform.

“The Arundo Enterprise platform is able to rapidly deploy and manage
machine learning models at extreme scale across multiple businesses and
clients,” said Cody Falcon, VP Product at Arundo. “These capabilities
give Acteon a key advantage to quickly deliver value from advanced
analytics to their customers.”

Acteon uses its deep domain expertise in subsea equipment monitoring,
data analysis and engineering insight to support customers with their
engineering and cost challenges–both current and future–by providing
efficiency-driven solutions. This partnership with Arundo will enable
both companies to develop high-value analytics for operating companies
supporting global customers through tools like machine learning and
artificial intelligence to reduce the cost asset of ownership by 30
percent.

“We have a range of service lines focused on data capture and
interpretation across all stages of the field life cycle,” said Paul
Alcock, EVP of Acteon. “The aim of this partnership with Arundo is to
align our digital solutions with advanced analytics to deliver
operational efficiency increases to our clients through improved data
insight.”

In the modern energy industry, the practical application of digital
tools can deliver real results. With the alignment of expertise between
Arundo and Acteon, customers will receive a powerful analytic platform
to reduce risk and efficiency gains through the ability to predict
repairs and costs, respond faster and provide clear, globally available
information.

About Acteon

Acteon’s aim is to define, shape and lead the subsea services market.
Via an integrated services approach, Acteon leverages the combined
strength, skill and experience of its various branded services to
support clients with unique skills and technologies across the entire
life of the field, from exploration to decommissioning. It also ensures
additional customer value through integrated operations, technical
innovation and service excellence.

About Arundo Analytics

With offices in Oslo, Houston and Silicon Valley, Arundo Analytics
provides cloud-based and edge-enabled software for the deployment and
management of enterprise-scale industrial data science solutions.
Arundo's software allows industrial companies and other organizations to
increase revenue, reduce costs and mitigate risks through machine
learning and other analytical solutions that connect industrial data to
advanced models and connect model insights to business decisions. In
2016, Arundo graduated from Stanford University’s StartX accelerator
program, and subsequently received investment from the Stanford-StartX
Fund. In 2017, Arundo was named to the MIT STEX25 by the Massachusetts
Institute of Technology Startup Exchange (MIT STEX). MIT STEX25
recognizes select companies from a pool of more than 1,000 MIT-connected
startups as being particularly well-suited for industry collaboration
based on technical and commercial success. For more information, please
visit www.arundo.com,
or follow Arundo Analytics on Twitter @arundoanalytics.