Question: I need a tool that can help me optimize energy project operations and reduce costs, do you know of any solutions?

Enverus is a broad SaaS platform that offers real-time access to analytics, insights and benchmark cost and revenue data for the energy industry. It includes tools like the Instant Analyst tool, which uses generative AI to rapidly search 25 years of industry research, and a range of role-based solutions, including operations and optimization. It also includes tools for scenario analysis, forecasting, activity tracking and market analysis to help with investment decisions and visibility into spending.

Baker Hughes is an energy technology and services company with a broad portfolio across businesses like Oilfield Services & Equipment Digital and Software & Analytics. It offers solutions for energy transition technologies like carbon capture, utilization and storage (CCUS), as well as digital solutions for on-demand services, automated field production and remote operations. These solutions can help improve efficiency and reduce emissions across a range of energy operations, which can result in substantial cost savings.

For IoT-based solutions, Exosite offers an Industrial Internet of Things (IoT) platform for remote condition monitoring, asset management and maintenance. It offers real-time equipment visualization, condition monitoring and process optimization through customizable rules and data transformation logic. The platform can help predict maintenance, reduce energy consumption and optimize processes, making it a good fit for companies looking to take advantage of IoT technology to improve operations.