HOUSTON, March 5, 2019 – Infrastructure Networks, Inc. (INET) and Osprey Informatics (Osprey) are pleased to announce a strategic partnership to bring powerful remote visual monitoring capabilities to the US energy sector. INET will sell, supply, and service Osprey’s intelligent visual monitoring solutions, delivered over INET’s wireless platform. Osprey will leverage INET’s LTE coverage of key energy producing areas for its growing US client base.
More than 30 North American energy companies use Osprey Reach to reduce operating costs, while mitigating safety and environmental risks. The company’s intelligent visual monitoring platform, Osprey Reach, cost-effectively manages remote cameras at a massive scale, analyzes images and video with artificial intelligence and input from other sensors and data systems, and delivers actionable insights to users across the enterprise.
“With our focus on enabling the Industrial Internet of Things (IIoT), we see Osprey’s technology as a great fit for our platform,” said Scott Crist, Chairman and CEO at INET. “Osprey’s proven solutions will help our customers reduce the need for travel to remote sites, enable management by exception, and enhance safety and environmental compliance.”
Rob Logan, Chairman and CEO of Osprey, responded: “INET’s unique data transmission network and platform along with its comprehensive servicing capabilities are perfect complements for Osprey’s formal entry into the US. INET’s spectrum coverage of nearly 90 percent of energy assets in the US gives us confidence that we can quickly expand in the key basins across North America.”
With its CloudCore Platform, INET provides the first end-to-end, standards-based, dedicated wireless solution capable of supporting the full spectrum of IIoT solutions. By providing wireless LTE connectivity and “plug-and-play” solutions to oil & gas and industrial companies, INET has become the leader in rolling out products and services to the industry.
Paul Ritchie, Osprey’s VP of Sales and Client Services, commented: “We are targeting many of the same clients, and combining our world-class offerings only enhances the entire client experience.”
About Infrastructure Networks
Infrastructure Networks (“INET”) is a fully-integrated technology & telecommunications company that enables the ‘Industrial Internet of Things’ (“IIoT”). The Company provides the first end-to-end, standards-based, dedicated wireless solution platform capable of supporting the full spectrum of IIoT solutions, and owns or controls 4G LTE spectrum covering the majority of energy-producing assets in North America. By providing wireless LTE connectivity and “plug and play” solutions to oil & gas and industrial companies, INET has become the leader in rolling-out products and services to the industry. INET manages critical communications through its CloudCore Wireless-Infrastructure-as-a-Service Platform. As such, the Company enables existing SCADA, Mobile Data, Video, Workforce Automation, and other machine-to-machine applications with ‘Internet of Things’ functionality.
About Osprey Informatics
Osprey has developed Osprey Reach, the intelligent visual monitoring platform that empowers industrial companies to reduce operational costs, while mitigating environmental and safety risks. Customers are able to increase productivity through virtual asset monitoring, improve HSE compliance with automated leak detection and safety supervision, as well as strengthen security and accountability through proactive activity detection. Osprey Reach is powered by computer vision, a type of artificial intelligence generating accurate, insightful alerts and reports enabling “true management by exception.” The company is headquartered in Calgary, and has a sales office in Houston, Texas. Strategic investors include Shell Ventures, Evok Innovations and InterGen Capital (ospreyinformatics.com).
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