Featured Innovator

Innovation leader discusses the future of HX and how the city of Houston is at an 'inflection point'

Harvin Moore, who has a 20-year career in tech and innovation, serves as president of Houston Exponential. Courtesy of HX

If there's one person optimistic about Houston's innovation ecosystem, it's probably Harvin Moore.

"There's no question that five years from now, or 10 years from now, Houston will be a very large and continually rapidly growing tech economy," Moore tells InnovationMap. "The question is just how fast it is going to get here."

Houston Exponential — the city's nonprofit meant to connect the dots within innovation in Houston — named Moore the president of the organization earlier this summer. He's hit the ground running since then.

Moore discusses with InnovationMap how his tenure is going and where the innovation ecosystem is at as the city dives into a busy fall season.

InnovationMap: How has your first few months at HX been?

Harvin Moore: It has been, I would say, chiefly defined by the fact that I've been on a grand listening tour. I went back over my calendar recently to count the number of meetings, because it really does seem like I don't come up for air. It's summer in Houston, and I've been getting in and out of a hot car like most of every day. I'm up to somewhere in the high nineties — like 95 of these meetings. And what has really kind of blown me way about that is that five years ago, there really wasn't an ecosystem. You could have had a listening tour in a week.

IM: How is HX's role in the ecosystem evolving with the ecosystem itself?

HM: HX's role from the start was to attract, promote, and connect. Let me first say that of those three, HX as a staff has been mostly focusing on promotion in the past. However, the board has been doing all three — attract, promote, and connect. We will be focusing more on connecting and attracting in the future.

Attract is bringing in big companies, small companies, and startups to Houston, as well as bringing in talent. It's the people who want to move to Houston because there are a lot of good job opportunities — not just in energy, medicine, and logistics. It's also an effort to attract capital so that there is more access to the enormous number of high net worth people in Houston for angel capital and investments, but also venture capital.

We're going to continue to promote. You're going to see a difference in how we promote. We're going to be more focused on shining this light all around the community, and we're going to be more focused on diversity.

Connect relates to how are we are helping startups — like by finding venture capital firms.

IM: So, how is HX looking to connect startups to investment opportunities?

HM: In the past and how the situation is now, there's something like 80 percent of venture is on the West and East Coasts. It's like all the attention is in the Bay Area and then New York and Boston. And, in Houston, we talk about how far behind we are of Austin. And, I guess that's true, but still — Austin is a blip on the map compared with San Francisco and the Bay Area for example.

But what's happening now is a shift. There are these venture capitalists that are really starting to look — in the last two or three years and for various reasons — at the growth of ecosystems. So, when a VC calls, in the past they would have looked for a company that they're interested in, and they would come down to visit and see it. Maybe to be a little bit more efficient, they might call TMCx, for instance, and say that they'd like to come down and ask for TMCx to find some other companies to meet with.

Now with HX active in this connecting role, that's what we'll be doing. Now if a VC calls on, let's say, Station Houston, Station will say, "OK, yes, we can help, but you can also call on HX because Houston has a lot more to offer." That's not the way it works in most cities because of competition, but this is one of the keys of how we're going to really break out in Houston because we have a collaborative nature in the city.

IM: What's a goal you have for HX?

HM: HX has not yet built out its data capabilities and responsibilities. You can't be a great connector at scale without a good system, like Hubspot, for instance. How many startups are there in Houston? Nobody knows. How many seats are there at the startup development organizations, or SDOs? Nobody's counted them. None of this stuff's been measured. I mean, there are some people that are trying to measure how much venture capital is coming into Houston, and it's amazing how much it is, but it's still missing data.

One thing I want to talk about is the startup database, which has never been done before. We really haven't even seen anyone make a real attempt to do this because it's such a daunting task. Of course, if we don't start quick, it's going to be pretty hard to do later. However, we as a board decided around a year ago that we were going to make this a priority to create a really good, useful, accurate database of as many of the startups and growth-stage technology companies in Houston as possible. We just reached an agreement with Texas A&M University to be the data partner. So, they're going to assign doctorate student up there who's going to be running the project.

IM: You have a long career in education with positions at Houston ISD as well as KIPP Houston Public Schools. How does education merge with your career now?

HM: Well, it's actually a question that makes sense now. Every time I've been asked that question throughout my entire career, it's been harder to answer. I started volunteering in education when I was living in New York as a banker, and I would take the subway up to Harlem and I would tutor up there. When I moved back to Houston, I found a place to tutor here, and my involvement got bigger and bigger until I ran for public office — and won with something like 74 percent of the vote and was re-elected three times serving HISD for 13 years.

Now, it looks like a brilliant career decision, although it never was meant to be. And the reason it makes so much sense is that academia and research and universities are huge parts of the ecosystem. During my time in education, I began to realize that the workforce development — particularly at the post high school level — was job skills. We did a study and found out where the jobs were and worked our way back from there. We redid our career technology programs because of this study.

How this experience ties into what I do at HX is that quality jobs skills credentialing is one of the most important things that the education system can do for the growth of the technology ecosystem.

IM: How have you seen the industry evolve recently?

HM: It's good advice to look around and remember how things look today cause we are living through an inflection point, and there's been several of those in our history. When people started looking around and seeing people walking around with these little PDAs, palm pilots, and things like that — that was the beginning of an inflection point. There are these inflection points in history, like whoever the hell put rollers on suitcases for the first damn time — that was not even long ago. And now no one carries a bag anymore. That was a silly example, but we are living through this inflection point here in Houston.

------

Portions of this interview have been edited.

Trending News

Building Houston

 
 

Camilo Mejia, CEO and founder of Houston-based Enovate Upstream, has big plans for increasing efficiency across the oil and gas sector. Photo courtesy of Enovate

A Houston energy tech company announced a new artificial intelligence platform that aims to digitize the oil and gas sector to provide the best efficiency and return on investment at every stage of the supply chain cycle — from drilling and production to completion.

Enovate Upstream's exponential growth, says Camilo Mejia, CEO and founder of the company, has already led to two new strategic partnerships in the works with European and Latin American companies.

"We see a better future in the oil and gas industry," Mejia shares in an interview with InnovationMap. "Our team worked in various roles in O&G, and we don't think the industry will end up as some people may think. The future will be different and digitized, we are just here to facilitate that transition to give back to the industry that gave us a lot."

The company's proprietary cloud-based ADA AI digital ecosystem is challenging the assumptions of the industry by using new technology powered artificial intelligence to provide historical data with AI to give real-time production forecasting. Thanks to the cloud, users can access the information anywhere in the world.

The new platform combines three models — digital drilling, digital completions, and digital production — that provide precise data that can be customized to the client's needs, integrating into an existing platform easily for a real-time view of their return on investment and carbon emission output.

Mejia shares more about his company's growth and what goals Enovate Upstream is setting to continue the course of digitization in the oil and gas industry in the Q&A with InnovationMap.

InnovationMap: What inspired Enovate Upstream’s focus on artificial intelligence technology for the upstream value chain?

Camilo Mejia: For the past five or six years, there's been talk of digitalization, and the value of data. The next level is not the value of the data, it's about the automation, how you can improve operations, and how you can help customers to make better decisions. Every single technology that we are developing here is about the return of investment.

Our AI concept is about the physics behind the data. We are accelerating digital adoption by properly showing the tangible value of the technology by speaking the same language and showing the value from the oil and gas perspective, which was one of the challenges other AI technology faced to break into the industry before. Our artificial intelligence component upgrades this technology to optimize the industry while integrating it with this digital ecosystem all in one place. The digital ecosystem we're building covers the entire value chain.

One of the challenges the industry faces is around capital allocation — how we can help customers to properly allocate capital into projects, which is a fundamental way we forecast new projects. Another challenge is the size of the organization that ranges from corporations to small businesses. They have many opportunities to improve cost but that varies across companies.

We are overcoming that challenge in order to develop a technology that can show the inefficiencies between the sizes. The third challenge is the adoption of digital technology. There are two different ways of deploying artificial intelligence. One is data-driven analysis, data-driven models, or data trading — this is the foundation.

IM: What fundamental changes do you think your cloud-based ADA technology can provide across every stage of the value chain?

CM: The biggest change we have in the platform is revising the workflow based on the production size. We use the data the customers already have, to develop a model that changes the way we forecast production in the industry. Before you deploy the capital and execute the project, you are going to have a better idea of the maximum potential profitability, so you can make better decisions at any stage from that point.

One of the inspirations for this was Tesla. The automotive industry was failing to provide a self-driving vehicle because it was using mathematical approaches, but Tesla overcame that challenge using data of millions of drivers to drive and park the cars efficiently, optimizing the process.

We are doing exactly the same, which is applying mathematical equations only for drilling forecasts, production forecasts, and using the data from the wells to see how the projects are behaving. We also integrate the modules so every single module is communicating with each other at every stage to correlate back to a production forecast to set your targets or operation based on that expected return of investment.

Our concept is about the return of investment, in order to develop the ROI concept, you got to plan the events right and the varying size production, that becomes the second component. The third component is about optimization of operations, which is about automation to improve operations and therefore decision-making. We are developing technology that has a very modern interface to automate operations in a more intuitive way so customers can be independent in the process and make the best decisions.

IM: At the moment, there is a need for virtual connections. How does your technology allow certain hands-on tasks to be handled remotely?

CM: In many ways, we have a big project in the Gulf of Mexico. We place technologies that we are using in today's market and deploy a platform that customers can use independently. We can also automate operations to the cloud by just deploying, trimming the data out of the field straight to the cloud so that people in the field can actually use the AI component to optimize operations. We don't require face to face interaction using the cloud environment.

Since the coronavirus these digital components have been on demand, we have grown about 500 percent from the end of Q1 and into the middle of Q2. We are experiencing an acceleration in the adoption of digital technology, but the ability to deploy the technology through the cloud has been instrumental in gaining more traction in the market. As a matter of fact, just as an indicator, we have been hiring people since the start of the coronavirus.

IM: Enovate Upstream started a year ago since then you’ve experienced exponential growth. What are a couple of goals that the company will achieve by the end of the year?

CM: Our strategy is focused on the next level for the company, which is securing funding round with investors in London. We are also aiming to facilitate the deployment of our technology globally. We are focusing on the United States and Latin America, but we hope to expand our funding round to Europe and the Middle East.

Our other goal lies with our partnerships, we are working through a distribution channel, through larger service companies that are facilitating the commercialization of the technology. The focus is on enabling these companies to properly support the customers by doing more technology integration and increasing the value creation.

The next goal is obviously to sustain the company, even though we have been growing, there is a lot of uncertainty in the market, and we are focusing on building the culture of the company, which is challenging in a virtual space.

IM: How has Enovate Upstream navigated an unstable market amid your rapid growth?

CM: That's a good question. I think the lesson is that you can always end up in a different direction. Coronavirus is having a big impact on many businesses, often negatively, but for us, it was instrumental to realize the full potential of the technology we were developing.

We saw that the activity was going from operations to the financial sector with companies selling assets to sustain their business. There were a lot of customers trying to decide what kind of wells they need to continue producing, so that was a market that we didn't capture before.

We grew the technology in that direction by starting a second company called Energy Partners. We created a joint venture with some producers in South Texas to make better decisions in asset acquisition. It was instrumental for us to realize the full potential on the finance side, as opposed to operations where the initial focus was.

We have assets in South Texas now and from a technology standpoint, it's the ideal way to test our analytic technology. We use our technology to properly evaluate the return of investment to make decisions about acquiring assets to optimize the operations and increase production. We have the opportunity to prove the technology with our investments, so we can actually build trust with customers. We are 100 percent sure that the technology works the way we say it works.

IM: There’s a huge emphasis on sustainability in the energy industry. How does your technology reduce carbon emissions?

CM: There are two kinds of components here. The first one is about optimizing operations — personnel transportation at the field level. We have studied calculations of what carbon dioxide output looks like to reduce it in terms of optimizing transportation, technology, and contributing to innovative ideas. We are currently initiating a feasibility study on a carbon capture technology, and working with customers to provide value in the technology in various aspects.

IM: I see several partnerships have already begun. Are you looking for more and what role do these partnerships play for your business?

CM: We have two partnerships about to close. One is with Telefonica, a Spanish telecommunications company, and another with Pluspetrol, an Argentinian production company. Telefonica provides cybersecurity services to oil and gas companies, we actually work with them to deploy our technology in Latin America and Europe. They provide the cloud and cybersecurity component while we provide the AI component.

In terms of our technology development, Pluspetrol has been one of our partners from the very beginning and we continue developing more technologies with this particular customer. They provide us with access to real data and real operational conditions that facilitate technological innovation.

Trending News