Detechtion acquires AI-driven software firm
18 July 2024
EZ Ops specializes in field operations, logistic management
Detechtion Technologies has acquired EZ Ops, a Calgary, Canada-based company specializing in field operations and logistics management software solutions for the oil and gas industry that leverages AI-driven intelligence.
EZ Ops’ technology helps to prioritize field activities, maximize production, and ensure compliance and the acquisition complement’s Detechtion’s Fieldlink product, which serves producers and oilfield service companies in inspection, maintenance, chemical management, water hauling, and HSE activities.
Detechtion, a Resurgens Technology Partners portfolio company, said the acquistion addresses the growing need for field service management solutions that utilize data and AI capabilities, equipping operations teams with the visibility and insights required to prioritize field activities and make the labor force more productive. By uniting Detechtion’s expertise in monitoring, controlling, and optimizing oil and gas asset performance with EZ Ops’ innovative technology, the acquisition creates a best-in-class product suite designed to maximize production, extend asset life, reduce operating costs, and improve safety in the field.
“EZ Ops’ field service and logistics capabilities are integrated into an AI-driven mobile solution, delivering a unique opportunity to innovate for our customers,” said Chris Smith, CEO of Detechtion. “EZ Ops not only provides a cutting-edge product for field operations management but also extends AI-driven technology to our existing solutions, offering significant value to both current and future customers.”
In partnership with Resurgens, Detechtion said it evaluated numerous field service management solutions and said EZ Ops offers the most unique and differentiated products in the segment.
Following the acquisition, Brandon Ambrose, CEO and founder of EZ Ops, will take on the role of Strategic Advisor for the combined company while Smith will continue as CEO of the combined company.