As a result, niche services and solutions have surfaced to generate, collect and record data produced throughout an asset’s lifecycle. Federal regulations have been put in place to report on that data and ensure safety measures are met based on an asset’s location. Failure to comply can result in significant fines or catastrophic events.
In spite of the solutions and regulations in place, a pressing challenge for infrastructure development is integrating the data produced during a project into a common, accessible platform that allows engineers, third-party contractors and asset owners to deduce actionable tasks. Another pressing challenge is the ability to understand the environment surrounding an asset during the siting, routing, and design. Working toward the goal of becoming “the Bloomberg of Infrastructure,” Pivvot, a software company located in Kansas City, MO, has developed a collaboration tool, Integra Link, that can capture and integrate the data produced during a project as well as access a proprietary, curated database of over 900 public and private sources.
For example, a client investing in a new gas pipeline can now complete a proposed route location analysis with clicking button. “On the backend, Integra Link runs a proprietary linear referencing algorithm that assesses environmental, land, and socioeconomic obstacles in the proposed location. Users can quickly view multiple path options, which can be adjusted based on their criteria. The alternative is hiring an analyst to spend several months procuring and analyzing data which is extremely costly and not efficient,” explains Dan Kieny, President, Pivvot.
Integra Link provides a collaboration platform through next several phases of engineering, feasibility design, and construction— consuming data at every phase and building an ecosystem of iterative, evolving information. As an asset moves into operations, stakeholders can continue to manage their infrastructure for safety, reliability and integrity in one platform. “By using Integra Link, clients can manage every aspect of an asset’s lifecycle. We’re helping them save money upfront from a capital perspective by exposing our curated database to make the best decision. From an operational perspective, clients can access data and collaborate in the ecosystem—improving efficiencies, providing transparency, and ensuring better business decisions,” adds Kieny.
Whether you’re an engineering company, third-party service provider, or asset owner/operator, our platform helps manage assets in the most efficient manner
While the conventional energy solution providers that originally surfaced are still married to expensive servers or desktop-based solutions, Pivvot offers the flexibility, scalability, and lower cost of a Software as a Service (SaaS). With its cloud-based approach, Pivvot’s clients can access data in a familiar Google Map from any device. This allows an oil and gas client to understand the environment surrounding its pipeline, a utility company to deploy and track remediation teams after a catastrophic event, and a railroad company to identify abandoned wells near its track.
To Pivvot, the selling point of “Are you ready to pivot from guessing, to knowing,” is more than just a play on words, or a slogan. Entering 2019, the organization believes it has created a new paradigm for infrastructure, with its data-driven, cloud-based platform. “Our solutions are new and refreshing. Whether you’re an engineering company, third-party service provider, or asset owner/operator, our platform helps manage assets in the most efficient manner, and opens up newer business opportunities,” concludes Kieny.