VEERUM
Transforming Industrial Operations with Digital Twins

As VEERUM nears its 10th anniversary, its journey tells a tale of innovative thinking. The founders pinpointed a critical need—the ability to access real-time, comprehensive insights into large-scale industrial projects. This key insight catapulted VEERUM into a digital twin technology powerhouse for the industrial sector.

VEERUM’s innovative DigitalTWIN solution proves to be a pivotal development, adding enormous value throughout the asset lifecycle, particularly during the operations and maintenance stages. Clients have uncovered significant opportunities for cost reduction, productivity gains and safety improvements in the management and upkeep of extensive industrial facilities and infrastructure.

Over the years, VEERUM’s technology has evolved to offer advanced support to maintenance planners, project controls officers, operators and engineers. It has become an instrumental tool in identifying essential tasks for the efficient operation of these facilities, substantially mitigating operational risks.

Integrating traditionally isolated data sets into a single, cohesive single pane of glass, the platform enables spatial searches for information, and significantly enhances job performance. This marks a major advancement in data management and access, providing a unified and more proficient framework for industrial operations.

That said, VEERUM goes beyond aggregating, contextualizing and organizing data. With roots in the practical challenges of the oil and gas industry, the company understands industrial operations at a fundamental level. The DigitalTWIN platform leverages geospatial data and CAD models, and incorporates seamlessly with existing systems like SAP, IBM Maximo, Primavera P6 and a range of IoT sensors and supervisory control and data acquisition (SCADA) systems. VEERUM is the leading company allowing clients to tag information within a reality scan of a facility. The idea of object creation in a laser scan set them apart four years ago and has been advanced since then.

“The biggest transformation isn’t just about the technology; it’s about empowering our clients. By creating gamified 3D environments, we unlock the way humans are wired to process information faster. Science backs this. MIT studies show comprehension of information when presented in 3D skyrockets 60,000 times and retention of that information is increased by 400 percent,” says David Lod, CEO. “What we are providing is similar to the picture on the puzzle box. Without it, understanding what you’re working on and solving for is more challenging than it needs to be.”

The company’s solutions translate to tangible results. The impressive client-reported ROIs of a minimum of 10x, reaching 40-50 times when scaled effectively, speaks volumes about the value VEERUM DigitalTWIN provides.

By utilizing drone-captured laser scans for virtual surveys directly within the platform, a subsurface mining client minimized the requirement for hazardous underground site visits by personnel. This not only enhanced safety but facilitated engineering, planning and execution processes.

Integrating traditionally isolated data sets into a single, cohesive dashboard, today, the platform enables spatial searches for information and significantly enhances job performance

In the upstream oil and gas sector, another client has transformed their maintenance planning. A process that once took eight hours, a site visit, and juggling six different software systems now takes under 30 minutes, and can be fully managed within the DigitalTWIN platform. That boost in efficiency and data reliability is changing the game for client operations.

VEERUM is an advocate of a quick time-to-value approach. There’s minimal time lost—with DigitalTWIN up and operating in 48 hours. This quick deployment is only the start. Innovations like the company’s soon-to-be-released 3DVAULT solution will address the universal issue of managing huge geospatial and engineering files, significantly simplifying integration and quickening the value realization for clients.

3DVAULT also solves file management obstacles encountered by numerous industries. While the solution’s strategic presence in AWS Marketplace will enhance its discoverability and accessibility, a forthcoming embedded technology partnership with Siemens Digital Industries is expected to catapult 3DVAULT into new industries and global markets.

The driving force behind these achievements is the people at VEERUM. Their expertise, rooted in the mining, oil and gas and geospatial technology sectors, ensures the technology aligns with the needs of the industries it serves. This focus is reinforced by a remarkable Net Promoter Score of +84, demonstrating its commitment to putting people first throughout its expansion.

From visionary founders to industry frontrunners, VEERUM’s story is still being written. With a proven track record of solving complex problems, creating measurable results and placing both clients and its team at the core of the company’s success, VEERUM is poised to lead the next generation of industrial digital twins.