SICPA Partners with Arundo Analytics to Enable End-to-End Compliance Monitoring of Government Natural Resources Regulations

eGovernment Services: A trustworthy Solution to Support Sustainable
and Ethical Exploitation of Natural Resources

HOUSTON–(BUSINESS WIRE)–#ArundoAnalytics—SICPA,
a privately owned Swiss company, providing secured authentication and
track & trace solutions to governmental institutions for the past 20
years, and Arundo
Analytics, a software company enabling advanced analytics for
industrial operations, have announced an exclusive partnership to
deliver innovative solutions to meet the specific requirements of
governments worldwide.

Sustainable, ethical and controlled exploitation of natural resources
has become an increasingly critical imperative for all governments of
resource-rich countries. But the task is complex and there are a
multitude of stakeholders. Better systems are needed to ensure effective
and efficient regulatory oversight and compliance monitoring.

“SICPA has a strong vision to set the standard worldwide for assisting
national governments in securing the integrity of hydrocarbon management
and we are very excited that Arundo was chosen as their exclusive
partner in this area. Arundo wants to help transform our customers
through data-driven insights and we are proud to work with SICPA in this
service for national governments,” said Tor Jakob Ramsøy, Founder and
CEO of Arundo Analytics.

The data-driven and IoT-enabled compliance systems, which the
partnership will provide, will allow for the trustworthy management of
the hydrocarbon supply chain integrity, greatly reducing the risks of
fraud (e.g. theft, diversion, waste, adulteration) in both crude oil and
refined product applications.

SICPA has a long record of delivering secured track & trace and
authentication solutions across multiple value chains such as banknotes,
value documents, excise tax-eligible goods and fuel marking. Arundo’s
software enables scalable data science applications for static and
streaming data in Oil & Gas and other heavy industrial operations. To
build and deliver its cutting-edge resource integrity management
systems, SICPA will integrate Arundo’s Enterprise Software suite
alongside highly specialized hardware, software, data analysis and
process management requirements.

Sauro Nicli, Group CIO and Head of Venture Initiatives at SICPA, said:
“We are pleased to sign an exclusive partnership with Arundo for
advanced analytics in hydrocarbon resource integrity. We pursued an
exhaustive search for best-in-class IoT technologies to support our
government customers in this ambitious strategy. Arundo provided the
best capabilities and understanding of the complex requirements, along
with the right experienced leadership team, to deliver to our global
customers.”

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 reduce risk through machine learning
and other analytical solutions that connect industrial data to advanced
models and connect model insights to business decisions. For more
information, please visit www.arundo.com

About SICPA

Founded in 1927, SICPA is a trusted global provider of security inks as
well as secured identification, traceability and authentication
solutions. With cutting-edge security inks and technologies at the core
of its expertise, the company protects the majority of the world’s
banknotes, security and value documents. SICPA also works with
governments and industry clients to protect citizens and consumers by
offering product authentication, traceability, proof of origin and tax
reconciliation. For more information, please visit www.sicpa.com

Contacts

Treble
Michael
Kellner, 415-404-9900
[email protected]