FutureOn offers FieldTwin, a cloud-based platform that enhances project design and visualization for Integrated Energy Companies by integrating data and collaboration tools. This technology reduces pre-FEED project planning time and investment by at least 60%, addressing inefficiencies in decision-making and resource utilization.
Funding
$70K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GLFounders
Product
Problem
Integrated energy companies face challenges in project design and visualization due to time-consuming decision-making processes and the inefficient use of conventional tools with limited data integration. Siloed workflows and manual processes hinder collaboration and slow down project timelines, leading to increased costs and suboptimal resource utilization.
Solution
FutureOn's FieldTwin is a cloud-based platform designed to streamline project design and visualization for integrated energy companies. It facilitates smarter and faster decision-making throughout the lifecycle of energy projects by integrating data and collaboration tools. FieldTwin enables users to efficiently bring subsea developments to life, fostering greater collaboration within organizations and their partners. The platform's open API allows users to create custom applications and integrations, promoting data accessibility and innovative data exploitation.
Target Audience
The primary target audience includes integrated energy companies involved in subsea developments and offshore windfarm projects.
Features
- Cloud-based platform for project design and visualization.
- Reduces pre-FEED project planning time and investment.
- Facilitates collaboration by breaking down silos and streamlining design workflows.
- Open API for creating custom applications and integrations.
- Integrates with iTwin (Bentley), OLGA (SLB), and WellAssist (Oliasoft).
- Includes built-in tools such as Wall Thickness Estimator, Pipeline Span Estimator, and Crossing Detector.
- Excel integration for data import and export.
- Supports offshore windfarm projects, maintaining a consistent digital thread.