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Home Seeq secures finances to to fuel IIoT advanced analytics growth strategy

Seeq secures finances to to fuel IIoT advanced analytics growth strategy

on: July 23, 2018In:
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Seeq secures finances to to fuel IIoT advanced analytics growth strategy

Altira Group is joined by Chevron Technology Ventures and next47 as Seeq looks to extend solutions for business insight derived from manufacturing dataSeeq Corporation, a leader in manufacturing and Industrial Internet of Things (IIoT) advanced analytics software.

Funding was secured by the Altira Group with participation by Chevron Technology Ventures, next47, the Siemens-backed global venture firm, Second Avenue Partners and other existing investors.??

“Seeq leverages innovations in big data, machine learning, and open source technologies to enable plant operations, engineering and management personnel to find and share insights in a matter of minutes instead of days or weeks,” said Steve Sliwa, CEO and co-founder of Seeq Corporation. ?

Seeq´s software applications – Seeq Workbench and Seeq Organize – enable manufacturers to rapidly analyse, predict, collaborate, and distribute insights to improve production outcomes. Seeq is designed to run on-premise, on Microsoft Azure or Amazon Web Services cloud platforms, or in mixed on-premise and on-cloud deployments.???

“Seeq is providing an important improvement in software for customers in process industries to accelerate insights, action, and impact on their production and business outcomes,” said J.P. Bauman, principal at Altira Group. “We are pleased to be leading the effort to enable Seeq´s continued growth.”??

“Finding the oil is not the problem; the challenge is producing the oil economically while anticipating fewer available human resources,” observed Chris Cheatwood, executive vice president and CTO at Pioneer Natural Resources.  “Seeq empowers our engineers, SMEs and managers to more effectively get value out of our data and improve operational efficiency.”? ?

To learn more about Seeq Workbench and connectivity options visit seeq.com.

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Source: Control Engineering Europe - All Articles
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