Staffing up

Houston software company looks to grow its workforce internationally

This growing Houston company is providing industrial industries with smart analytics. Getty Images

A Houston-based analytics-focused company is gearing up for growth in 2019 and plans to staff up its headquarters and remote offices abroad.

Arundo Analytics Inc. brings industrial companies — which sometimes are slow to adopt brand-new technology — into the world of machine learning and advanced analytics to help boost revenue, cut costs and reduce risks.

The startup's enterprise software gives asset-heavy industrial businesses "a virtual window into their day-to-day operations," says Stuart Morstead, co-founder and chief operating officer of Arundo. Among the operations that benefit from software are equipment maintenance, safety, logistics and scheduling.

Morstead points out that most industrial companies that encounter issues with operations such as equipment maintenance "lack the data science and software capabilities to drive value from insights into their daily operations."

Arundo aims to solve that problem by incorporating machine learning and advanced analytics — the kind of innovations emanating from the likes of Amazon, Google, and IBM — into everyday business operations at industrial companies, says Morstead, a former partner at consulting firm McKinsey & Co. and a graduate of Rice University.

Aside from its broad enterprise software, Arundo supplies out-of-the-box applications that tackle individual industrial challenges like flow metering for the offshore oil and gas industry and monitoring the condition of equipment. The virtual cloud-based multiphase flow meter is sold as part of a software package from industrial technology giant ABB.

More than 50 of Arundo's estimated 110 employees work on that technology from the startup's headquarters in downtown Houston. To propel its growth, Arundo plans to add employees this year in Houston as well as its other offices in Canada, Norway, Sweden and the United Kingdom, according to Morstead.

In 2016, Arundo graduated from Stanford University's StartX accelerator program. A year later, Arundo was named to the MIT STEX25 accelerator program by the Massachusetts Institute of Technology Startup Exchange.

Since its founding in 2015, Arundo has raised more $35 million in capital, including a Series A round of $28 million that closed in the first half of 2018. Investors include Sundt AS, Stokke Industri, Horizon, Canica, Strømstangen, Arctic Fund Management, Stanford-StartX Fund and Northgate Partners.

Aside from drawing more funding in 2018, the startup set up several strategic partnerships designed to increase the adoption of Arundo's software in sectors such as oil and gas, manufacturing, shipping, construction and maritime. Among the new partners are Dell Technologies, DNV GL's Veracity platform and WorleyParsons.

Going forward, Morstead says Arundo aims to bring its software expertise, business prowess and "world-class data science" to even more industrial companies and their physical assets as part of the global Industrial Internet of Things sector. That market is projected to approach $1 trillion by 2025, up from $100 billion in 2016.

To be sure, Arundo is competing in a market that's rife with opportunity. Consulting firm Accenture estimates the IIoT market could add $14.2 trillion to the global economy by 2030.

"Arguably the biggest driver of productivity and growth in the next decade, the Industrial Internet of Things will accelerate the reinvention of sectors that account for almost two-thirds of world output," the Accenture report says.

Tor Jakob Ramsøy, founder and CEO of Arundo, certainly grasps the enormous potential of IIoT.

"Asset-heavy companies can no longer afford to make business decisions based on an incomplete view of their organization," Ramsøy, a former McKinsey partner, said in a 2018 news release. "By combining deep data and [artificial intelligence] knowledge with decades of cumulative experience in enterprise consulting, Arundo is ushering in a new era in IIoT."

Tracking performance

Courtesy of Arundo

Arundo's Condition & Performance Monitoring Software can easily be plugged into a company's system and track its equipment using cloud technology.

The Aldine Independent School District is the first to employ a new technology focused on campus safety. Educational First Steps/Facebook

Insight Enterprises has announced a collaboration with the city of Houston, Microsoft, and BeSafe to bring the ActiveShield concept to two Houston-area schools this summer. Aldine Independent School District was selected to be the first school district in the nation to implement an IoT platform like this, a representative says.

Safe Spaces a group of tools developed by Tempe, Arizona-based Insight, a Fortune 500 global systems integrator. The safety technology focuses on emergency situations, such as sound sensors, color-coded LED lighting, and real-time information sharing that can notify first responders with pertinent information as soon as possible.

"Knowledge is power, and our mission is to save lives by providing the right information to the right people at the right time," says Kevin Harrington, CEO of BeSafe Technologies, in a release. "What we see with Insight Safe Spaces is the ability to use IoT to build on our core capabilities to further improve public safety. This creates a communication hub that instantly connects on-site security with police, fire and other emergency responders, as well as building occupants."

The schools will be equipped with several of Safe Spaces' technologies, such as:

  • Cameras, sound and motion sensors, etc. that capture data that is then integrated with third-party security systems. (This allows for real-time information sharing and emergency response.)
  • Panic buttons for teachers or staff.
  • Color-coded smart lights that automatically warn of an emergency and indicate how close you are to danger or the school's safe zones.
  • Real-time communication to on-site security and emergency services, with different alerts or action plans based on the information being shared with the central system.
  • Direct lines of communication for people involved in the crisis via a navigation-based mobile app to provide updates and safety instructions in real time.

Together, Insight Safe Spaces and Microsoft Azure IoT solution accelerators combine technological forces to enable Raleigh, North Carolina-based BeSafe to open "new doors to enhanced public safety," says Stan Lequin, vice president and general manager, Insight Digital Innovation, in the release.

"Insight is helping BeSafe expand its foundation of advanced building information technology, transforming these capabilities into interactive action plans that give emergency responders a critical advantage when every second saved potentially means a life saved," Lequin adds.

BeSafe was founded in 1999 to enhance safety in schools by providing emergency response teams advance information about the school's layout, emergency exits, and more. Now, with the new age of technology, the organization is expanding its horizons, and AISD is the first to implement the collaboration of this technology.

"Student and staff safety are a top priority. The partnership with the city of Houston and Microsoft will take our efforts to the next level," says AISD's superintendent of schools, LaTonya M. Goffney, in the release.