An Aberdeen firm which helps oil and gas firms harness the value of data about their operations has secured a clutch of contracts worth a total of £1 million since the new year.
The new orders won by OPEX since the start of 2020 will see it provide data science and predictive analysis services to a number of global oil and gas operators. A further 10 members of staff have been recruited by the business across including data analysts, data scientists and software developers to meet growing demand.
The company has also committed to investing a further £750,000 in research and development of new technology over the next 12 months, with several new service offerings in the pipeline.
Euan Macalister, VP of business development at OPEX, said: “We have experienced an exceptional start to the year, and continue to see increased demand for data science services to support our customers’ drive to extract maximum value from the vast volumes of data gathered on their assets.
“By investing heavily in R&D over the next year, we are demonstrating our commitment to continually enhancing the technology we use to help our customers improve performance, reduce costs and achieve compliance.”
