Camo analytics platform available on Veracity

Camo’s analytical platform solutions are now available on the DNV GL’s Veracity marketplace. This enables companies to optimise process efficiency and transform operations with advanced analytics integrated into decision systems and processes. The Camo analytics platform is based on best practices from more than 3000 successful deployments of analytical solutions, and is optimised for real-time data processing and analytics-driven solutions to derive insights and value from data.

Veracity is an open industry platform, facilitating exchange of services, datasets, APIs, applications and insights between different industry players, domain experts and data scientists.

“We are extremely pleased that DNV GL has chosen us to be on their Veracity platform, it’s a quality stamp for both our analytical software and our scientific approach”, says Camo Analytics data scientist, Lars Gidskehaug.

With specialised analysis tools, Camo Analytics has helped some of the largest companies in the process, energy and oil industry with insights and value creation through advanced data analysis. This includes setting up experimental design to collect data and optimise outcomes, develop robust analytical models for prediction or classification, and applying the models for process monitoring and deviation detection.

“We will do our best to show Veracity members how our analytical platform can contribute to increase quality and productivity. We have extensive experience and expertise in these industries, and our platform enables a scientific approach to analysis and model validation with proven methods. This contributes to more in-depth insights and solutions to complex problems”, Gidskehaug continues.

DNV GL is very pleased that Camo Analytics is now part of their network. “It is important for us to bring relevant and exciting players who contribute with new expertise, new users and customers”, says Bjørn Tore Markussen, Head of Veracity at DNV GL. An important goal of DNV GL Veracity is to get a broad and active eco-system working on their platform.

“There are many synergies in facilitating touchpoints between different environments and it drives increased value creation. We are actively working to attract more partners that provide relevant services for our 141,000 members, and at the same time we want to make sure there is a need for the services available”, says Markussen.

The industrial analytics platform now available in DNV GL Veracity’s eco-system can analyse all types of industrial data, and through multivariate analysis can be used for product development and quality enhancements, monitoring and optimisation of processes as well as process efficiency.

“We are very keen to develop strong partnerships and share knowledge and expertise as part of the continued commercialisation of the company. And Norway is an interesting market for further growth”, says Raman Bhatnagar, CEO of Camo Analytics. “We believe that our unique analytics platform will be interesting for many Norwegian companies”.

Visit Camo on the Veracity marketplace >>

About Veracity by DNV GL
To facilitate frictionless connections between different industry players, domain experts and data scientists, DNV GL has built Veracity—an open and secure platform facilitating exchange of services, datasets, APIs, applications and insights.

Veracity is designed to help companies unlock, qualify, combine and prepare data for analytics and benchmarking. We are not looking to own data, but to help our customers and other stakeholders in our industries leverage the ever-increasing amount of data they own. Veracity will give you access to industrial applications and data analytics services that can help you make better use of your data to optimize your performance. Here you can combine your own data with other datasets available for purchase or subscription, to create new insights or solutions.

Visit Veracity by DNV-GL to learn more >>

Read about the Camo industrial analytics platform >>