H1 2020 - STRONG GROWTH IN CHALLENGING TIMES

This year has been challenging in many ways but we have been able to keep a good upward traction and growth also in the 2nd quarter this year laying the ground for another record-breaking year for us.

In July most of us have tried to keep away from business and enjoying some vacation (with limited travelling possible/recommended) to be charge the batteries and be prepared for an exciting and hectic 2nd half-year. I had time myself to do some mountain hiking, which I enjoy.

Employee safety and health has been a priority and we have been following the guidelines and recommendations given from the authorities, as well as assessing what has been the best for our company and employees. Even so, we have been able to keep our operations 100% functional the whole year to date, where we have seen a strong increase in number of projects, fabrication, testing and operational support. We are attracting new clients as well as exciting clients requesting further assistance and engaging us in further operations.

We are strengthening our team with additional newcomers (with solid industry expertise!), more info on this will follow.

Our innovative solutions for using own sensor data from critical processes to render real-time imaging/monitoring as well as using this for data analytics for trending and predictive purposes are increasing in demand. We have also a wider request from clients to run remote services from installation, commissioning, startup as well as the automation of data capture and reporting.

The applicability and value of our solutions and services are far from exhausted, a set of new development projects and application development is either ongoing or in planning stage.

The first half-year was crowned with the industry recognition of two coveted awards – the OTC SPOTLIGHT ON NEW TECHNOLOGY (USA) and GLOBAL ENERGY FOR INNOVATION IN PROCESS CONTROL (CANADA). The industry awareness is building up rapidly, and for us serving as an indication that we are on the right track with our process optimization and digitalization solutions, having deployed our solutions in more than 20 countries to date.

We are in the phase of piloting new applications and the commercial launch is scheduled during this year, feeding our growth further. In the coming months there will certainly be exciting news coming, so follow us on LinkedIn for the updates.

Stay safe and healthy in these challenging times!