Proserv and Intelligent Plant pen new agreement to underpin alliance

Proserv has signed a fresh agreement with Intelligent Plant, the UK based software engineering firm and data analytics experts. The new arrangement extends a previous alliance announced in late 2020.

That tie-up first brought the two parties together to innovate impactful digital technology service offerings and models, based around open data access, real-time condition monitoring and the provision of subject matter expertise.

This new deal reinforces Proserv’s position as a worldwide distributor and supplier for Intelligent Plant’s various products and applications. It also enables the two parties to collaborate even more closely to develop further disruptive software as a service (SaaS) solutions, leveraging Proserv’s wide domain knowledge, its control system integration capabilities and its OEM agnostic technology philosophy, alongside Intelligent Plant’s accessible, flexible data capture and award-winning analytics expertise.

The decision to forge this updated agreement follows a positive response from the energy market to their present SaaS offerings and combined skill sets, whereby the two parties can deliver live intelligence on the operational performance and condition of critical infrastructure, supporting future maintenance scheduling, process optimisation and ultimately life extension.

The elevation of Proserv’s CEO Davis Larssen to Intelligent Plant’s Board as a non-executive director represents a further key step forward in the alliance between the companies. It is anticipated Larssen’s input and industry positioning will help accelerate Intelligent Plant’s global footprint, while allowing both businesses to build their presence in the digital technology arena via continued mutual support and cooperation.

Last September, Larssen similarly joined the Board of another UK enterprise Synaptec, a Strathclyde University spin-out and power system monitoring expert, following Proserv’s acquisition of a minority stake in the company.

Both Synaptec and Intelligent Plant are among a number of technology partners with whom Proserv is collaborating to drive its on-going pivot into renewables and a current focus on offshore wind.

Stuart Harvey, Proserv’s Vice President, Digital Innovation, said: “We are very happy to underline our relationship with Intelligent Plant through this extended tie-up. We have worked closely over recent years, seeking to drive our shared values around delivering best-in-class analytics and intelligence to the energy sector. As a strategic partner, we will continue to move forwards together exploring further opportunities to develop and evolve this offering.”

Steve Aitken, founder of Intelligent Plant, added, "We are delighted to be strengthening our connection with Proserv. This agreement will enable us to offer our innovative software solutions to a wider range of clients and help them to achieve greater efficiency and success. We look forward to working with Proserv and Davis Larssen to achieve our shared goals."

Davis Larssen observed: “Intelligent Plant has been a core contributor to our push into digital technology and so this new arrangement is a natural next step as we seek closer collaboration, combining our abilities to supply real value for the industry at a critical point in its evolution. I very much look forward to working with, and supporting, Steve as a member of Intelligent Plant’s Board.

“For Proserv, this is the latest in a series of alliances as we seek to push our R&D and innovation into exciting new areas to deliver a step-change in intelligence insights, real-time optimisation and holistic asset-wide control systems.”