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Can oil platforms, ships and wells become "smart" in the same way as our electronic gadgets?

While consumers are beginning to get used to the expression "the internet of things" and how that makes our surroundings smarter, the industry is only starting to utilize "big data". DNV GL wants to do something about that.

Veracity - Brede Børhaug

What might a ship's captain, a well operator and a drone pilot have in common? One answer is that all three could benefit from data from each other's industries – if they only had access to them. 

There is no lack of data in the age of digitalization. A modern ship may have more than 10,000 sensors. They generate enormous data sets about everything from pipeline erosion to the temperature of ocean currents.

But while we consumers accepted a long time ago that we share data countless times a day with apps, service providers and others wanting to improve our lives, things are a little different in industry.

"One of the main problems has been trust. Trust in both the quality of the data and in sharing data with others. So it has been important to have companies in a position of trust," says Brede Børhaug in DNV GL.

"We've always kept data for our customers – and made sure that those who are supposed to have access to the data are given access. That's nothing new. What is new is that digitalization means this can take place more quickly, seamlessly and to a much greater extent than ever before," he states.

This is Veracity

The data platform that DNV GL has developed to facilitate the safe custody, analysis and exchange of data in the industry is called Veracity.

Børhaug is the product manager for Veracity for Developers and says that the platform is in a strong growth phase. That means they are almost constantly looking for the right talented people. 

"We're always looking for people with the expertise required to solve the complex tasks that Veracity has undertaken," he says.

Ecosystem

"To put it simply, you can think of Veracity as your smart phone and the ecosystem that has been built around it, including its operating system, loads of different apps and cloud services," states Børhaug.

In an industrial context, this means that Veracity connects industries and players together and has facilities for handling, contextualizing, analysing and sharing data. All accesses are controlled by the data owner, while Veracity performs DNV GL's traditional third-party role by guaranteeing that it is safe to use the platform. 

And the captain, drone pilot and well operator could actually find solutions to their problems by using insight from the other professional fields that has been made available via the platform.

Expertise

Over the past couple of years, Veracity has been implemented by many companies, and is also an important part of DNV GL's innovation activities and services.

The platform itself is based on Microsoft Azure, and Børhaug says there has been unique collaboration with some of the world's foremost technology environments at Microsoft in Seattle. 

"Being able to work so closely with one of the biggest market players in the data-technology field is quite exclusive," he says.

Børhaug and Veracity look for developers that can manage to build functionality and surfaces that even "granny" can use, while also creating tools that are the best in their class at just what the individual customer does. 

And that can vary such a lot. 

Constant optimization

One case Børhaug points out is software and analysis company Arundo, which through Veracity offers both to transport data from, for example, ships, and the software to analyse the data.

Watch this video to see how this takes place: https://www.youtube.com/watch?time_continue=62&v=zolx7NrAwAA

"Two concrete examples of what can be extracted are fuel-saving data and data on how to cut costs by finding the optimal timing for maintenance," says Børhaug.

"Veracity is often used to constantly optimize operations, but can also help to find completely new business models."

A total package

Børhaug points out that part of Veracity's strength is that it allows large, heavy industry players to forge close links with start-up companies. 

"We don't focus on dealing with this market end-to-end. Veracity allows teaming up with those that are good at different things, and then we deliver a total package to customers via the platform. That way we make each other good."

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