HxGN Live Global is Hexagon’s digital reality solutions conference. It brings together visionaries from all around the world to not only discuss, but to debate and share insights on the autonomous future. HxGN Live 2022 was held between the 20th and 23rd of June in Las Vegas, Nevada, USA. The event welcomed both in-person and online attendees. This year, Luiz Felippe Curado, MBA, and Anupam Acharya shared insights on “Asset Integrity Management: Connected Asset Integrity“.

Learning objectives covered in the session

  • How leading Oil & Gas companies effectively manage the integrity and reliability of their assets during the entire asset lifecycle
  • How Integrity Systems can integrate with other enterprise applications, supporting an efficient team
  • Discover how the Cenosco and Hexagon Partnership can bring your company to the next level
  • Understand where your integrity management program is on the maturity curve
  • Take a look into the future of Integrity management using Artificial Intelligence, Digital Twins, and more.

Furthermore, they explored how Asset Integrity Management (AIM) software, like the IMS Suite, can help you achieve optimal performance of your assets, all while keeping your people and the environment safe.


Learn More About our Integrity Management Software: The IMS Suite

IMS is an end-to-end asset integrity management suite. It consists of unified solutions, which operate across all your equipment types and processes. Furthermore, our solutions support users in making smart inspection and maintenance decisions. Therefore, these ultimately lead to increased safety, asset availability, and lower asset management costs. Our solution was created together with multinational oil and gas leader, Shell. Therefore, with our solutions, you can benefit from years of direct industry experience.

Accomplished Technology Leader Brings Expertise in Artificial Intelligence and Digital Transformation

THE HAGUE, April 26th, 2022 – Cenosco announced today that Ronald Kasteel, currently managing director at Navara Enterprise analytics, has been appointed to join the Board of Directors. Kasteel will play an important role in supporting Cenosco at this exciting time of accelerated growth.

Since beginning a new partnership with European software investor Fortino Capital Partners, Cenosco has been taking significant steps to consolidate its position as the market standard in Asset Integrity Management Software. In October 2021, Zvonimir Djerfi was appointed as Chairman, bringing his tremendous experience in the asset-heavy industry. The addition of Kasteel now adds an extra 30 years of tech experience to the Board of Directors.

Ronald Kasteel has acquired vast experience in the technology space throughout his impressive career. He started at Ordina, where he made his way to the CEO position and remained there for over a decade. After that, he has successfully done multiple management buy-ins at a variety of SaaS companies. Currently, he is active as the managing director of Navara Enterprise analytics, a renowned software company specializing in digital transformations and machine learning. His extensive experience in numerous SaaS companies has made him a versatile executive.

 

“At Cenosco, I have found an amazing team and an excellent product with huge potential. I look forward to contributing my bit to the exciting journey of accelerating growth that we are one.” Ronald Kasteel, Board member Cenosco

 

“We are very excited that Ronald is joining our board. His extensive tech knowledge and experience will help us tremendously in taking full advantage of the growth that we are experiencing.” Jan Poulsen, CEO Cenosco

 

Cenosco’s solutions have been built on more than twenty years of experience and strong partnerships in asset-heavy industries. The company has ambitious plans to continuously invest in its cloud-based, mobile-friendly technology, which manages risks related to integrity, reliability, and instrumentation safety.

IMS (Integrity Management Solutions) is Cenosco’s integrity management suite, which is composed of various modules covering different asset parts. The IMS Suite calculates optimal intervention periods and defines an efficient maintenance strategy. The platform is used in asset-heavy industries such as oil & gas, chemicals, pulp & paper, and (new) energy & utilities.

Users of the latest IMS Suite products can expect many new and improved features; including 3D-mapped inspection plans, AR and VR, machine- learning for image processing, artificial intelligence as part of the Degradation Management Framework, reliability analytics, and seamless integrations with CMMS and Digital Twins – covering all aspects of an asset lifecycle.

An addition completes an AI-powered end-to-end suite of integrity solutions for asset-intensive industries, such as chemicals, oil and gas, renewable energy, and other process industries.

C3 AI (NYSE: AI) today announced that global engineering software company Cenosco will join the Open AI Energy Initiative (OAI), an open ecosystem of artificial intelligence (AI) – based solutions for the energy and process industries.

Cenosco’s powerful asset integrity software suite will complement the OAI’s existing capabilities, delivering an AI-powered end-to-end suite of asset integrity solutions.

Launched by C3 AI, Shell, Baker Hughes, and Microsoft in February 2021, the OAI provides an open framework for energy operators, service and equipment providers, and independent software vendors for energy operations to offer interoperable solutions, powered by the BHC3 AI Suite and Microsoft Azure.

Cenosco is the third independent software vendor to join the OAI, following Kongsberg Digital and MathWorks, who joined in November 2021.

Cenosco offers its Integrity Management Solution (IMS)

Cenosco will offer its Integrity Management Solution (IMS), built in collaboration with Shell, that safeguards integrity, reliability, and instrumentation safety in asset-intensive industries.

Today, Cenosco’s IMS has been deployed to over 120 assets across more than 50 countries.

The solution complements the OAI’s existing offerings focused on reliability and asset integrity, including:

By integrating these solutions with Cenosco’s IMS, the OAI will offer an AI-powered end-to-end solution for integrity management – from issue identification to diagnosis and resolution – for customers across asset-intensive industries, such as chemicals, oil and gas, renewable energy, and process industries.

“Just over a year ago, the OAI began building an ecosystem of partners with the aim of revolutionizing the energy industry through cutting-edge AI-powered software.

Today, this ecosystem offers some of the most sophisticated solutions available on the market, and the integration of Cenosco’s technology can help to unlock even more value for customers.”

Dan Jeavons, Vice President of Computational Science and Digital Innovation at Shell

Cenosco is delighted to join an impressive ecosystem

Cenosco IMS deployments began with operations at Shell, and since have been expanded to clientele across more than fifty companies worldwide and 120 assets globally.

Starting in May 2022, Cenosco IMS will also be available through OAI, in combination with other solutions.

“Cenosco is delighted to join an impressive ecosystem of other industry-leading software providers for energy operations.

For customers who want unified asset integrity capabilities, the addition of our Integrity Management Solution to the OAI provides the remaining building blocks for a comprehensive, AI-powered end-to-end integrity monitoring and management software suite.”

Jan Poulsen, Cenosco’s CEO

“The OAI has transformed how the energy industry operates by bringing together the best AI and software solutions.

Cenosco is a strong addition to our ecosystem of global industry leaders, and we welcome their partnership to drive even greater digital transformation throughout the energy and process industries.”

Ed Abbo, C3 AI President and CTO

Learn more about the Open AI Energy Initiative and its reliability solutions.

About C3.ai, Inc. C3

AI is an Enterprise AI application software company.

C3 AI delivers a family of fully integrated products including the C3 AI Suite, an end-to-end platform for developing, deploying, and operating enterprise AI applications and C3 AI Applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally.

Former Baker Hughes Executive to lead Board of Directors

LONDON / THE HAGUE, October 12, 2021 – Cenosco announced today that Zvonimir Djerfi, former Senior Vice President at Baker Hughes, has been appointed as Chairman of the Board. In this role, Djerfi will support Cenosco at this exciting time of accelerated growth.

Since beginning a new partnership with European software investor Fortino Capital Partners last December, Cenosco has been taking significant steps to consolidate its position as the market standard in Asset Integrity Software. Cenosco’s CEO, Jan Poulsen, has strengthened and extended the company’s leadership team since joining in March 2021, leading to Djerfi’s appointment.

In the last 30 years, Zvonimir Djerfi has played an important role in the service industry’s development of innovative solutions to provide affordable energy to people worldwide. His extensive experience in numerous technical, commercial, and business-leading roles has made him a versatile executive leader.

Jan Poulsen, CEO Cenosco: “I am very excited to be bringing Zvonimir on board. His extensive experience and strategic mindset will help us tremendously in taking full advantage of the growth that we are experiencing, and in continuing to accelerate this growth.”

Zvonimir Djerfi, Chairman of the Board Cenosco: “I am delighted to be reinforcing the Cenosco leadership team. Together with the talented people at Cenosco, I am looking forward to growing the already solid business for customers across a wide range of industries around the globe.”

Cenosco builds on more than twenty years of experience and strong partnerships in asset-heavy industries. The company has ambitious plans to continuously invest in its cloud-based, mobile-friendly technology, which is used to manage risks related to integrity, reliability, and instrumentation safety. Its platform, called IMS (Integrity Management System), is composed of modules covering different asset parts. IMS calculates optimal intervention periods and defines an efficient maintenance strategy. The platform is used in asset-heavy industries such as oil & gas, chemicals, pulp & paper, and (new) energy & utilities. Users of the latest IMS can expect many improved and new features, including 3D-mapped inspection plans, AR and VR, machine- learning for image processing, artificial intelligence as part of the Degradation Management Framework, reliability analytics, and seamless integrations with CMMS and Digital Twins – covering all aspects of an asset lifecycle.

Cenosco Offers A Product Suite That Solves A Plethora Of Asset Integrity Challenges

London, July 15, 2021 – Independent research firm Verdantix has released its buyer’s guide for asset performance management (APM) solutions, which provides an up-to-date analysis of 27 prominent APM solutions available in the market. The APM solutions market has exhibited resiliency to the COVID-19 pandemic, with operations and maintenance leaders turning to digital solutions to help optimize asset performance and intervention strategies to counteract demand shocks and supply chain disruptions. Reflecting buyer requirements for ease of integration, mobility and digital twins, the buyer’s guide focuses on breaking down the offerings of 18 APM solutions providers: Augury, AVEVA, Bentley Systems, Bently Nevada (including ARMS Reliability), Cenosco, Cognite, Endevor, GE Digital, Hitachi ABB Power Grids, Honeywell, IBM, Itus Digital, Lloyd’s Register, Pragma, Seeq, Senseye, Symphony Industrial AI and Uptake.

“Globally, the APM solutions market is still at a ‘land-grab’ stage, with large total addressable market opportunities and a fragmented competitive landscape,” commented Verdantix Industry Analyst, Victor Voulgaropoulos. “As a result, a wide range of vendors are targeting this market, offering solutions with varying breadth and depth of functionality.”

Key findings of the Buyer’s Guide: Asset Performance Management Software report:

  • AspenTech, AVEVA, Bentley Systems, Bently Nevada, DNV, GE Digital, Hitachi ABB Power Grids, Honeywell, IBM, and Siemens have developed the most comprehensive APM solutions covering all the core APM capabilities of asset health monitoring, asset failure prediction, maintenance optimization, and performance optimization.
  • The market is witnessing a flurry of predictive maintenance specialists entering this space that typically rely on AI-driven analytics to predict asset failure, such as Augury, Detechtion Technologies, Seeq, Senseye, SparkCognition and Symphony Industrial AI.
  • To shortlist best-fit APM solution providers, prospective customers should consider vendors with: 1) industry and asset class-specific credentials; 2) consultative selling approach; 3) far-sighted customer success programmes, 4) integrations with the current technology stack; 5) ability to extend and scale the solution; and 6) thought leadership and available customer success stories.

“To gain competitive edge, APM solution providers are aiming to further accelerate time-to-value with plug-and-play solutions, increase autonomy with modular and extensible platforms and offer a comprehensive solution that can become the foundation of a firm’s digital strategy through digital twins,” continued Voulgaropoulos. “Buyers should use this guide to support them in their search for APM software applications that fit their requirements.”

THE HAGUE, NetherlandsApril 21, 2021 – Cenosco announced today that Jan Poulsen has been appointed as the company’s new CEO, succeeding Mischa Simonis. Poulsen will focus on further professionalising the company and steering Cenosco towards continuous product development. This will enable Simonis to focus on the product development side more exclusively.

The announcement comes on the heels of the news about Cenosco’s new partnership with European software investor, Fortino Capital Partners. This investment milestone was communicated in early December 2020, marking the beginning of an accelerated growth journey for Cenosco. Poulsen’s experience will be key in accomplishing the growth objectives.

Building upon more than twenty years of experience and strong partnerships in the oil and gas industry, Cenosco has ambitious plans to further finetune and develop their cloud-based, mobile friendly technology, which is used to manage risks, related to integrity, reliability, and instrumentation safety. The platform, called IMS (Integrity Management System), is composed of modules that cover different asset parts. It calculates optimal intervention periods and defines an efficient maintenance strategy. The solution is used in plants with heavy machinery and installations, in the Oil & Gas industry, as well as in sectors such as Chemicals, Pulp and Paper, Energy & Utilities. Users can expect many improved and new features, including tools like 3D-mapped inspection plans, AR and VR, machine learning for image processing, artificial intelligence as part of the Degradation Management Framework, reliability analytics, seamless integrations with CMMS and Digital Twins, covering all the aspects of an asset lifecycle.

In addition to a balanced track record, focusing on both commercial and operational business activities, Poulsen has worked with market leading companies across sectors including Oil & Gas, Energy & Utilities, Chemicals and Pharmaceuticals. Until recently, he held the position as CEO of Thinkstep AG, a global software and consulting company within Compliance and Sustainability. He received a Masters’ degree in Engineering from the Technical University of Denmark, a Graduate Diploma in Business Administration from the Copenhagen Business School and completed an Executive Board Programme at INSEAD with the Scandinavian Executive Institute.

Jan is the perfect fit for Cenosco,” said Matthias Vandepitte, Partner at Fortino Capital who is majority shareholder. “Jan’s extensive experience with business development and international expansion, together with his strong leadership experience, will help focus Cenosco during the accelerated growth phase in the coming years.”

About Fortino Capital Partners

Fortino Capital Partners is a European enterprise software investor, managing a €240 million growth private equity fund and two venture capital funds for earlier stage software opportunities. The firm has offices in Antwerp and Amsterdam. Fortino Capital’s investment portfolio includes MobileXpense, Efficy CRM, Odin Groep, Tenzinger, Maxxton and Teamleader, among others.

For more information, see www.fortinocapital.com. 

 

View full article..