Veros Systems

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	Veros Systems
HQ Location	United States
Year Founded	2001
Company Type	Private
Revenue	< $10m
Employees	11 - 50
Website	Open website

HQ Location

United States

Year Founded

2001

Company Type

Private

Revenue

< $10m

Employees

11 - 50

Website

Open website

Company Description	Veros Systems is an industrial asset monitoring company based in Austin, Texas. Our flagship product, Veros ForeSight™, provides a dashboard with real-time operating metrics and clear, early warnings about impending equipment failures, with zero false alarms. Engineering and maintenance managers rely on ForeSight to quickly and easily know how their equipment is operating, identify poorly performing assets and be alerted to problems months in advance, so they can plan and take action. This results in less unplanned downtime, reduced exposure to safety and environmental incidents, and improved efficiency, while minimizing spare parts cost and time spent on maintenance. Read More
Contents

Company Description

Veros Systems is an industrial asset monitoring company based in Austin, Texas. Our flagship product, Veros ForeSight™, provides a dashboard with real-time operating metrics and clear, early warnings about impending equipment failures, with zero false alarms.

Engineering and maintenance managers rely on ForeSight to quickly and easily know how their equipment is operating, identify poorly performing assets and be alerted to problems months in advance, so they can plan and take action. This results in less unplanned downtime, reduced exposure to safety and environmental incidents, and improved efficiency, while minimizing spare parts cost and time spent on maintenance.

Veros Systems’s IoT Snapshot maps the range and focus areas of Veros Systems’s IoT business across Technologies, Use Cases, Industries, and Services. Only categories with active products will be shown. Missing categories indicate that there is no activity in those areas.

Use Cases

Machine Condition Monitoring

Industries

Automotive

Buildings

Chemicals

Metals

Oil & Gas

Paper & Pulp

Utilities

Veros Systems’s Tech Stack maps Veros Systems’s participation in the IoT tech stack.

Application Layer
Functional Applications

Cloud Layer
Platform as a Service

Infrastructure as a Service

Edge Layer
Automation & Control

Processors & Edge Intelligence

Actuators

Sensors

Devices Layer
Robotics

Drones

Wearables

Supporting
Technologies
Analytics & Modeling

Application Infrastructure & Middleware

Cybersecurity & Privacy

Networks & Connectivity

Technological Capacity

None

Minor

Moderate

Strong

Number of Case Studies2

Compression Facility Industrial Asset Monitoring Solution

After spending millions on an enhanced oil recovery (EOR) infrastructure, including CO2, compressors, pipelines, injection wellheads, and fluid separators, Chaparral began to see its long-term investment pay off as oil production increased. However, when a CO2 compressor fails, CO2 volumes to the pipeline plummet by 50% or more. The operator needed predictive intelligence to prevent such an event.

Planned Maintenance for Power Generating Company

Having no unplanned outages in multi-unit power plants throughout the late spring, the summer and the early fall months is challenging in the hot Texas weather. An unplanned outage during these months could mean having to purchase replacement power at spot market prices, which could be spiking during the outage. Knowing when and for how long to overload the equipment in power plants is a significant part of operating strategy. Operators need accurate estimates of motor driven pump and fan loading levels to determine operating limits.

Number of Similar Suppliers5

	MOVUS MOVUS is a provider of Industrial Internet of Things solutions. We build industry vertical solutions from custom sensors to cloud-based analytics, we're bringing sustainability to industry. We enable industry to reduce waste, increase efficiency and empower people.
	AnyLink Anylink is a high-tech enterprise focusing on the application of the Internet of Things that’s reliable, easy to use and safe. Anylink is in the leading position in the field of M2M technology, with more than 10 Chinese and American patents. With forward-looking technical research results and many years of experience in industry application, Anylink has established firm strategic cooperation and business partnership with many well-known enterprises at home and abroad, such as the Tsinghua University high speed railway research center and the Tsinghua University big data technology research center.
	Netdata We’re building the future of distributed systems health monitoring and performance troubleshooting.Now Netdata is used by hundreds of thousands of people at organizations like Amazon, Google, IBM, Microsoft, and Nvidia. We’re building simple and powerful tools that help developers, system administrators, and DevOps engineers learn and be more productive with every passing second. We’re building the perfect fit for every headless system in the world.
	Eagle Develops Enterprise Asset Management (EAM) and Computerized Maintentance Management System/Software (CMMS) solutions
	Sucheon Sucheon is an Artificial Intelligence high-tech enterprise that focuses on machine noise recognition and non-contact production process monitoring and equipment failure prediction.

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Overview

Veros Systems

IoT Snapshot

Technology Stack

Case Studies

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