Pixel Velocity’s CEO, Jonathan Murray, recently sat down with Energy CIO Insights magazine to talk about the benefits of automating oil and gas field operations. Pixel Velocity is one of Energy CIO Insights’ 2018 Top 10 Digital Oil Field Solution Providers.
Hydrocarbon leaks are an ongoing challenge in oil and gas production, processing, storage and delivery. Asset integrity programs strive tirelessly to protect the public, workers, corporate reputations, and stakeholder value. A cost-effective tool that helps operators detect leaks and prevent larger problems has significant value.
Pixel Velocity has a software solution that transforms proven optical gas imagery solutions into scalable leak detection platforms, without extensive training, to deliver continuous higher quality data offsite to operators and asset integrity specialists. Proven hyperspectral sensor technology detects twenty hydrocarbon gases, with higher precision, continuously and automatically, at a safe distance or from a remote offsite location. Other sensors deployable alongside can help operators detect other problems, and respond before they develop.
A typical deployed system includes remotely controllable optical gas imagery sensors, the Event Velocity® IoT edge processing platform, and sensor analytics developed by Pixel. Pixel’s software is hardware-agnostic and can support a broad array of additional sensor and machine data inputs to comprise a complete and scalable oil and gas operations optimization IoT system that releases the value of time once spent on routine monitoring across many operating sites. Pixel works with integrators who acquire and install the sensors, processors and edge network connections with Pixel’s software. Installation, even for remote and hazardous sites, can be accomplished quickly.
The ROI for this solution is clear:
- Early detection before a major unplanned outage can occur
- Added time for public and worker safety,
- Data for optimization and regulatory compliance
- Insight to support corporate responsibility programs
- The cost of the solution is immediately offset by reducing the cost of manned onsite monitoring and by the value of broadly preventing hazardous conditions in the most sensitive areas.
Contact us for further information and for case studies of how this solution has been used to detect and report gas leaks to the right people in real time at a range of thresholds.
ANN ARBOR, Mich., Sept. 5, 2018 /PRNewswire/ — Pixel Velocity is pleased to announce that its Event Velocity® software will feature in the launch of Dell Technologies’ IoT Connected Bundles program to help industrial operating companies across the globe accelerate their adoption of IoT solutions to remain competitive and achieve new workforce scale, operating safety and asset profitability, especially in remote and hazardous environments.
“We are very pleased to join with Dell Technologies in its launch of the IoT Connected Bundles program. Our Event Velocity solution is enabling software for industrial companies to accelerate their adoption of IoT at the edge of their operations. Event Velocity works very well under a broad range of network conditions as it incorporates data across locations from a broad array of IoT inputs—video cameras, infrared cameras, microphones, microwave sensors, and industrial equipment—into a single virtual operator environment to visualize, alert, and manage remote and hazardous assets safely and efficiently. We are very enthusiastic about the opportunity to expand our work with Dell Technologies in opening opportunities for a much broader universe of companies that can immediately benefit from rapid advances in edge computing,” said Jonathan Murray, CEO of Pixel Velocity.
Pixel Velocity was selected for the launch of the Dell Technologies IoT Connected Bundles partner program after a rigorous, curated and competitive evaluation process. The IoT Connected Bundleprogram was launched at Dell VMWorld, August 26-30, 2018.
As a launch partner in the key energy vertical for Dell Technologies’s IoT Connected Bundles program, Pixel Velocity offers enabling software to help customers accelerate their adoption of IoT in the energy upstream, midstream and downstream sectors and scale across their operations at the edge.
“We are launching the Dell Technologies IoT Connected Bundles as a global ecosystem to help our oil and gas customers accelerate how they adopt IoT solutions and to help them fully realize these solutions at the edge. As a partner, Pixel Velocity is a key enabler, opening a clear path to broad IoT adoption at operating assets across nearly any combination of networks. IoT Connected Bundles with Event Velocity will immediately lead to much higher performance in production and safety. Together we are giving the same number of high skilled operators more time to focus on production optimization programs across expanding fleets of operating assets with high confidence and safety, supported by high quality data streams that further strengthen customer asset models and help operators ensure more durable profitability. With Pixel Velocity, IoT Connected Bundles offers our oil and gas customers a major portfolio-wide boost from IoT adoption, even for legacy assets in volatile pricing environments.” — Chris Wolff, Head of Global OEM & IoT Partnerships – Dell Technologies
Digitizing the operating edge of dispersed, remote and hazardous assets is one of the last frontiers in corporate computing. The emerging widespread availability of affordable bandwidth, advances in high performance hardware, and the development of broad IoT adoption-focused applications software programs like Event Velocity now make a core promise of IoT possible: To monitor and manage dispersed, remote and hazardous assets while increasing production across more assets, giving operators time to focus and scale their efforts at the edge with enhanced safety and a stronger bottom line.
About Pixel Velocity
Pixel Velocity is an Ann Arbor-based software company focused on IoT edge computing solutions. The Company’s Event Velocity software is a unified environment to consolidate, analyze, display, and alert with high quality clean data from any IoT input or sensor. The platform is optimized for performance in edge environments with scarce bandwidth and storage. Standard features include video analytic capabilities for motion detection, multi-spectral analytics for leak detection, and event management for remote team response. The automated platform aggregates edge data from operating assets in the background and delivers insight on demand and at scale into real-time remote and hazardous operations, ensuring reliability, business continuity, and safer operating conditions. Markets currently served include the upstream, midstream, and downstream segments of the energy industry, and the data center market.
About Dell Technologies
Dell Technologiesis a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information. The company services customers of all sizes across 180 countries – ranging from 99 percent of the Fortune 500 to individual consumers – with the industry’s most comprehensive and innovative portfolio from the edge to the core to the cloud.
Dell, EMC, and other trademarks are trademarks of Dell Technologies Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners. The use of the word “partner” or “partnership” does not imply a legal partnership relationship between Dell EMC and any other organization.
Pixel Velocity, Event Velocity, and Insight Accelerated are registered trademarks of Pixel Velocity Incorporated
Contact: Steve Fleischmann, email@example.com
Remote oil and gas assets are largely managed through routine site visits by operators who drive company-owned vehicles on scheduled routes at scheduled frequencies. This is inefficient, expensive, and wasteful. Many sites do not need routine visits. Events that require attention may not occur when an operator is on site. The cost of visiting low-producing sites routinely may mean the difference between profit and loss. Windshield time is a significant safety hazard. Production is rising, but low unemployment rates are making it harder to find qualified operators. There is a better way.
Event Velocity software is a scalable edge computing IoT solution that supports efficient field personnel deployment over thousands of sites through event-driven dispatching. Data from video, infrared, and audio sensors are correlated with SCADA data in a single environment. Alerts activate cameras and microphones that focus on the asset that generated the alert. Operators can initiate a workflow to view and listen to the asset in real time to determine if the problem is transient, can be managed remotely, or requires a site visit. Workflows can be saved and exported. The net effect of this is fewer site visits, higher production without adding operators, and improved safety.
Event Velocity also can be scheduled to perform periodic virtual tours, or operators can choose an asset to view at any time. The solution is designed for efficient use of computing power and bandwidth, creating minimal network impact. Exception reporting enables attention to be focused on repeatedly problematic sites.
Benefits include more insight in less time, event-driven dispatching, fewer unproductive site visits, and early remote identification of safety issues. Event Velocity can extend asset profitability and elevate safety to new levels.
Today’s volatile oil prices and global competition are placing companies under enormous pressure to improve efficiencies and reduce costs while continuing to increase production. Labor shortages are stretching field service staffs. Scaling field service operations with an IoT edge computing solution like Event Velocity is one way to scale operations and to support best practices, such as dynamic route optimization and condition-based maintenance, while dramatically improving remote asset management, operator safety and margins.
ANN ARBOR, Mich., April 5, 2016 /PRNewswire/ — The Oil and Gas Awards recognized Pixel Velocity’s product solutions for New Technology Development of the Year-Product at the Northeast Region ceremony on March 30, 2016 in Pittsburgh, PA.
Pixel Velocity® was judged by a panel of over 90 industry leaders, ranging from CEOs to experts. The New Technology Development of the Year recognizes advances in technology in the Oil and Gas Sector. The award focuses on cost savings, streamlining operations, reducing environmental impact and improving health and safety standards. This award highlights Pixel Velocity as an organization that is enabling the market to become increasingly efficient through technological development.
In selecting Pixel Velocity’s Remote Monitoring Solution, Leak Detection System and Event Management Platform, the Oil and Gas Awards Judges stated the following:
“. . . the introduction of technology such as this can really benefit the industry. To automate the survey process and to increase visibility in real time as events occur is invaluable.”
“The implementations of this suite of Pixel Velocity’s products have real benefits to the safety of staff on site and infrastructure. Without requiring human presence at site or monitoring from afar offers real value and assistance.”
“We are honored to win this award and be recognized for our remote monitoring, leak detection system and event management platform,” said Matt Van Haaren, CEO of Pixel Velocity. “Our integrated hardware and software solutions provide real-time data and automation to Oil and Gas companies delivering significant efficiencies in operations, health, safety and environmental processes.”
The annual Oil and Gas Awards recognizes significant achievement in the upstream and midstream sectors, and focus on health & safety, environmental stewardship and corporate social responsibility.
About Pixel Velocity
Pixel Velocity® is a software, sensor and analytics company specializing in industrial automation product solutions. Pixel Velocity’s remote monitoring solution, hydrocarbon leak detection system and event management platform deliver insight in real-time, ensuring reliability, business continuity, and creating safer operating conditions for our customers. Pixel Velocity customers empower their enterprises by leveraging imagery and automating data inputs to manage risk, lower costs and increase precision at a significant ROI, starting with a seamless integration of automated remote visualization and control systems.
ANN ARBOR, Mich., July 1, 2015 /PRNewswire/ — Pixel Velocity (“Pixel”), an Industrial Internet of Things (IIoT) product technology company specializing in imagery and sensor data analytics, announced today that it has released four new products including a hydrocarbon leak detection system and event management software platform. This product ecosystem of networked software, sensors, devices and analytics enables shortened incident response cycles and enhanced business and operational continuity for critical energy assets and infrastructure.
Continue reading “Pixel Velocity® Releases Innovative Hydrocarbon Leak Detection System and Event Management Platform”
ANN ARBOR, Mich., Feb. 17, 2015 /PRNewswire/ — Pixel Velocity Incorporated (“Pixel Velocity” or the “Company”), an image processing and data analytic product company that helps provide safety, security and operational continuity solutions to commercial and government facilities of strategic and financial importance, has raised approximately $10,000,000 through the sale of shares of Series B Preferred Stock in a Regulation D private placement. CEO Matthew Van Haaren commented “We are very pleased to have successfully completed our Series B Preferred financing, which not only brings us the capital needed to pursue our business plan, but has also added valuable new skills and perspectives to our Board of Directors. We are excited about the future of Pixel and the opportunities that this new capital has opened up for us.”
Continue reading “Pixel Velocity Incorporated Completes $10,000,000 Capital Raise”