RigNet Signs Multi-Year Agreement to Provide Intelie’s ML Platform for Frac’ing and Drilling Operations

One of the largest shale-focused exploration and production companies chooses RigNet’s Intelie Live platform to drive optimum performance

RigNet, Inc., the leading provider of ultra-secure satellite communications and intelligent networking solutions, announced that it has been awarded a multi-year contract with a premier independent exploration and production company focused on the Permian Basin.  The contract brings Intelie’s suite of AI-backed real-time machine learning solutions and software to this operator after a series of proof of value campaigns demonstrating its ability to support a broad array of digitalization initiatives and deliver best-in-class operational results.

Recommended AI News: Hazelcast Expands, Adds Executives for Accelerated Growth

Intelie’s machine learning analytics platform, Intelie Live, will be used to increase operational efficiency and improve overall financial performance.  Intelie Live’s real-time analytics capability assists in the decision making process throughout the drilling and completion process, enabling operators to deliver wells that cost less and produce more.

Recommended AI News: Magnifi Names Broadridge Executive as Chief Product Officer

“Our proven track record of rapidly delivering high-value solutions and critical improvements to our clients’ daily operations is what differentiates Intelie from other software companies.” said Lelio Souza, CEO of Intelie, a wholly owned subsidiary of RigNet.  “Intelie Live accelerates our customers’ digital transformation implementation and provides live, real-time information allowing operators to maximize productivity, improve safety, and reduce environmental impacts. By using this robust and flexible platform, they can also add new machine learning apps to even further capitalize on the power of AI-backed machine learning.”

About RigNet, Inc.: RigNet delivers advanced software and communications infrastructure that allow our customers to realize the business benefits of digital transformation. With world-class, ultra-secure solutions spanning IP connectivity, bandwidth-optimized Over-the-Top applications, Industrial-IoT big-data enablement, and industry-leading machine learning analytics, RigNet supports the full evolution of digital enablement, empowering businesses to respond faster to high priority issues, mitigate the risk of operational disruption, and maximize their overall financial performance.

Recommended AI News: Hot Startups : Latest News And Updates On Daily Roundup