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Neoris Launches Technological Division For The Energy Sector

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The new division joins the company's other leading industry verticals, further expanding the array of innovative products and services NEORIS offers to the market.

MIAMI - eTradeWire -- Global Digital Accelerator NEORIS has launched NEORIS Energy, a new technological division further strengthening its already existing partnerships with leading Energy sector companies to help them aim for greater operational efficiencies, redefined lighter and more agile processes, greater use of technology, and better quality of information for faster and smarter decision making that can preserve or increase company value even during times of turmoil.

Recent sector challenges include strong oil price volatility coupled with a sharp decline in global demand, which led to an 18% fall in sector investment during 2020, according to the International Energy Agency (IEA). During 2021, prices sparked up again sharply, although there is unpredictable certainty on future fluctuations. Energy companies seeking to profit in this current unstable environment need as much efficiency and cost flexibility as possible to adapt heavy long-term asset-based infrastructure to increasing volatility market conditions. Players in this sector need to reduce or streamline the performance of their assets and adjust opex and production to sudden demand fluctuations.

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"I am excited about this new challenge NEORIS is offering me, a position where I can bring these two worlds closer together and help in the generation and implementation of the most appropriate technologies needed to transform the industry," said Enrique Mallea as its Ambassador in the energy sector.

NEORIS' new division is focusing efforts on predictive maintenance of machinery, application of Data Science, Machine Learning, and Artificial Intelligence in a scalable step-by-step digital journey that repays many times the investment. The application of intelligent solutions maximizes productivity and efficiency, allowing for reduced downtime and the safest practices. Each innovation is aimed at providing energy companies with better and faster decision-making capabilities.

"We believe a great opportunity exists for the energy industry to transform itself by leveraging data at every operational level in ways never before imagined. The ability to combine IOT-derived data from plant operations with supply chain processes and market/customer data means that companies can transform their businesses and operations to become both more efficient as well as responsive to customer needs," says José Longinotti, Global Marketing Director for NEORIS in the United States.

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This new NEORIS technological division and its team of specialists will help companies create necessary solutions to form the technological foundations for 2.0 next-generation functioning across the entire value chain of different activities within the global Energy sectors from Oil & Gas upstream, midstream, refining, and retailing to power generation, as well as the transport and distribution of both traditional and renewable energy types.

More information is available at www.neoris.com

Contact
Deborah Hartmann
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Source: Neoris
Filed Under: Energy, Technology

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