Cenosco
4.1.2024 14:02:13 CET | ACCESS Newswire | Press release
Through Cenosco's acquisition of Shell Global Solutions International BV's (Shell) Integrity Management System (IMS), the broader Oil and Gas market can now benefit from the usage of this software built on over twenty years of industry experience, with the promise of broader innovation and expansion opportunities from Cenosco.
THE HAGUE, NETHERLANDS / ACCESSWIRE / January 4, 2024 / Cenosco, a leading provider of asset integrity software, announced that they have acquired complete ownership of the intellectual property (IP) rights of the jointly developed IMS, Integrity Management System. IMS is an Asset Integrity Management software suite, which was built on over 20 years of industry experience from Shell, with the expertise of Cenosco's innovative programmers. This collaboration resulted in an industry-focused product, which is used today in over 200 assets across the globe.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.Both Cenosco's clients and prospects alike can benefit from this acquisition, as it can create a more dedicated and personalized experience with IMS. While Cenosco has always been very hands-on with their customers through customizing to their needs, this focus shift will further open the doors of innovation for the software to be tailored to broader industry trends and needs. This IP transfer gives Cenosco a stronger position in the market, as they will continue innovating and developing IMS as a market standard, which allows for broader adoption across asset-intensive industries.
The collaboration between Cenosco and Shell has existed for over twenty years. Together, the two companies have worked on constantly innovating and improving the capabilities of IMS, with the input of thousands of users within Shell globally. This has been a fundamental part of making IMS the software it is today. Cenosco and Shell's long-standing partnership will continue beyond this acquisition through related industry initiatives such as the Open AI Energy Initiative (OAI).
"Cenosco's ownership of IMS' intellectual property marks a significant milestone in our journey of innovation and growth. With this strategic acquisition, we solidify our position as an industry leader in Asset Integrity Management software and remain committed to delivering high-end solutions to the broader market."
- Jan Poulsen, CEO - Cenosco
"Cenosco's acquisition of the intellectual property rights of IMS cements a longstanding collaboration that has thrived on innovation, and we look forward to continue using IMS while we also explore new innovations related to remote inspection, the Open AI Energy Initiative and other areas."
- Stefan Irrgang, Global Process Owner Integrity & Reliability at Shell.
*The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this publication "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
About Cenosco
Cenosco is an asset integrity management software company with over 20 years of product leadership in asset-heavy industries. Their IMS Suite of solutions was designed to support users in making smart inspection and maintenance decisions to increase safety, maximize asset availability, and optimize asset management costs. IMS has been deployed in more than 200 assets, in over 40 countries. Cenosco envisions a safe, sustainable world, where asset-heavy industries can operate at their full potential, without jeopardizing the health and safety of their people and the environment.
Cenosco Public Relations
Annemarie Jongbloed
+31 (0)6 1444 2335
annemarie.jongbloed@cenosco.com
Contact Information
Annemarie Jongbloed
Marketing Director
annemarie.jongbloed@cenosco.com
SOURCE: Cenosco
To view this piece of content from stats.newswire.com, please give your consent at the top of this page.View the original press release on newswire.com.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Aminona Capital Partners Closed Second Latam Real Estate Fund11.5.2026 14:55:00 CEST | Press release
ZURICH, SWITZERLAND / ACCESS Newswire / May 11, 2026 / Aminona Capital Partners have successfully advised and partnered on closing a second South and Central America residential and commercial real estate fund which specifically targets large scale real estate opportunities in the region. Co-founders Nicolas Jenik and Phillip Morelle are very optimistic about the real estate prospects in Latin America, specifically in countries such as Argentina, Chile, Colombia and Venezuela which are already showing large returns and projected to continue growing. With a vast network on the ground in the region and deep knowledge of market dynamics in the Latin American real estate sector, Aminona Capital Partners are able to bring added value to investors and maximising returns. The plan is now to roll out a third real estate fund in the near future targeting the same region using the same opportunity driven strategy of pursing added value transactions, development repositioning, well financed const
Frame Security Launches with $50M to Build the Future of Human Security11.5.2026 14:05:00 CEST | Press release
Backed by Index Ventures, Team8, and Picture Capital, Frame is launching an AI-driven platform designed to help organizations defend against the growing wave of AI-powered social engineering and deepfake attacks by empowering employees to be the strongest line of defense NEW YORK CITY, NY / ACCESS Newswire / May 11, 2026 / Frame Security, today announced its public launch alongside a $50 million funding round led by Index Ventures, Team8, and Picture Capital, with participation from industry heavyweights Wiz CEO Assaf Rappaport and Elad Gil, who initially joined as an angel investor and has since doubled down through his fund, Gil Capital. The company is building a new category of human risk security, designed to protect organizations against the largest attack vector in cybersecurity: people. Nearly 96% of organizations provide some form of security awareness training, yet roughly 90% of data breaches still involve the human element. As a result, organizations are investing heavily in
TruMerit and Credivera Issue First Verifiable Digital Credentials for Global Healthcare Professionals8.5.2026 16:00:00 CEST | Press release
PHILADELPHIA, PA / ACCESS Newswire / May 8, 2026 / TruMerit, a global leader in healthcare workforce development and credential verification, today announced that it has issued its first verifiable digital credentials to healthcare professionals through a new partnership with Credivera, marking a major step forward in secure, portable credential verification for the global healthcare workforce. The first group of digital credentials has been awarded to nurses and other healthcare professionals who successfully passed TruMerit's global certification examinations over the last year. These include the Certified Global Nurse credential and credentials tailored for nurses and other healthcare workers specializing in rehabilitation care. These secure credentials can now be stored, managed, and shared digitally, allowing employers, regulators, and licensing authorities to instantly verify professional qualifications. Through Credivera's secure credential exchange platform, TruMerit credential
MicroVision and Avular Collaborate to Advance Autonomous Sensing and Drone Integration for Next-Generation Infrastructure Applications7.5.2026 22:05:00 CEST | Press release
Integrated lidar and modular drone platforms enable scalable autonomy, mapping, and navigation across complex real-world environments REDMOND, WA AND EINDHOVEN, THE NETHERLANDS / ACCESS Newswire / May 7, 2026 / MicroVision, Inc., (Nasdaq:MVIS), a leader in advanced perception solutions, today announced the signing of a Memorandum of Understanding (MoU) with Avular Innovations B.V. to integrate their technologies and accelerate the development of next-generation autonomous systems for civil infrastructure and global commercial applications. By combining MicroVision's high-performance, solid-state lidar, optimized for reduced energy usage and increased operational efficiency, with Avular's modular drone platforms and system integration expertise, the companies are creating a flexible, scalable solution designed to address real-world operational challenges across global markets. The collaboration focuses on delivering advanced capabilities, including autonomous mission execution in GPS-de
Innodata Reports Record First Quarter 2026 Results7.5.2026 22:05:00 CEST | Press release
Revenue Up 54% Year-Over-Year, Beats Consensus by 18% Adjusted EBITDA of $25.0 Million Beats Consensus by 139%; Adjusted Gross Margin Expands to 47% Raises Full-Year 2026 Revenue Growth Guidance to ~40% or More, Up From ~35% or More Announces New Engagements With Big Tech Company Expected to Generate Approximately $51 Million of Revenue in 2026 NEW YORK, NY / ACCESS Newswire / May 7, 2026 / INNODATA INC. (Nasdaq:INOD) today reported results for the first quarter ended March 31, 2026. Revenue of $90.1 million, representing 54% year-over-year revenue growth. Adjusted Gross Profit of $42.6 million, representing Adjusted Gross Margin of 47%.* Adjusted EBITDA of $25.0 million, or 28% of revenue, an increase of $12.3 million from $12.7 million in the same period last year.* Net income of $14.9 million, or $0.46 per basic share and $0.42 per diluted share, compared to net income of $7.8 million, or $0.25 per basic share and $0.22 per diluted share, in the same period last year. Cash, cash equ
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom