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ABB is a global leader in power and automation technologies. Their solutions improve the efficiency, productivity and quality of their customers’ operations while minimizing environmental impact.
Ambyint is developing the "self-driving car" for oil wells. We’re enabling autonomous well operations for E&P customers by leveraging best-in-class technology tools like artificial intelligence, machine learning, and IoT devices, in combination with physics-based analytics, deep domain expertise, and a massive proprietary data lake of nearly 50 terabytes, equivalent to 100 million operating hours.Our fully-integrated technology stack for artificial lift and production monitoring/optimization includes data acquisition and control through sensor and communication devices, data aggregation and transmission that are independent of existing RTU and SCADA systems, and software that enables monitoring, analysis, integration and optimization using cloud and edge computing. Ultimately, Ambyint can deliver production improvements of up to 10% and OpEx cost savings of up to 20%.
With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellitecommunications, consumer electronics, industrial technology, energy, transportation and building equipment.Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society with technology. The company recorded consolidated group sales of 4,444.4 billion yen (in accordance with IFRS;US$ 41.9 billion*) in the fiscal year ended March 31, 2018. For more information visit: www.MitsubishiElectric.com*At an exchange rate of 106 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2018