Press Release

Element Analytics Named An “Efficient Fifty” Company By JMP Securities

Messy industrial data transformed into valuable resource by Element Analytics’ software

San Francisco, CA – December 22, 2017 – Element Analytics, Inc., a leader in data management and integration software, has been named a leader in technology for industrial and energy companies in a report by JMP Securities. JMP’s “Efficient Fifty” report recognizes private companies providing innovative and value-add solutions for the oil and gas, manufacturing, utility and related sectors.

Element Analytics is a pioneer in software that processes, manages and integrates large volumes of data from a wide variety of sources including sensors and engineering and operational systems. The company’s Element Platform™ creates and maintains “Digital Twins”– dynamic digital representations of physical equipment and assets – to enable easy, comprehensive and accurate analysis. Such analysis can provide insights including when key equipment might fail or optimizing operations in industries such as oil and gas, chemicals, utilities, mining and manufacturing.

 “Sophisticated analysis of operational data holds the promise of transforming industrial companies around the world,” said Andy Bane, CEO of Element Analytics. “But that data, which can be inconsistent, unorganized or lacking context, needs to be readied for analysis – a complex and time-intensive task. Element Analytics streamlines this process, opening new possibilities for improving companies’ performance and efficiency.”

“Element Analytics helps industrial companies explore the same sophisticated data analysis capabilities used by companies like Google and Facebook,” said Joseph Osha, managing director at JMP Securities. “The key to making this happen, which Element Analytics addresses head-on, is ensuring that industrial time-series data is transform into a powerful, flexible asset. That means ensuring that the data provides a broad, holistic view of operations, that it reflects the dynamic nature of operations, and that it be sliced and analyzed according to changing business needs.”

JMP named the 2017 “Efficient Fifty” after evaluating more than 250 private companies. The selected fifty companies collectively raised $588M in equity financing in 2016 and JMP expects that number to be eclipsed in 2017.

About Element Analytics

Based in San Francisco, CA, Element Analytics is an industrial analytics software company that makes data work for people, proactively surfacing insight where it’s needed most. The Element Platform rapidly transforms data into actionable insight, helping industrial organizations make the best-informed decisions for greater efficiency, sustainability, and profit. For more information, visit www.elementanalytics.com.  Follow Element Analytics on Twitter and on LinkedIn.

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