CALGARY, Alberta--(BUSINESS WIRE)--May 17, 2018--Arundo Analytics, a software company enabling advanced analytics in heavy industry, today announced that it is expanding its presence in Calgary, Canada. Sheila Varjassy, Senior Account Executive, will spearhead Arundo’s office in Calgary with a focus on serving oil & gas and other industrial companies in digital transformation and advanced analytics efforts.

“Given our heritage, focus and experience in the global oil & gas industry, Calgary is a natural extension of our North American presence,” said Piers Wells, VP North America Sales, Arundo Analytics. “Calgary represents a significant concentration of the largest energy companies in Canada. With this new office, we are excited to be better positioned to serve them.”

According to Calgary Economic Development, a not-for-profit corporation funded by the City of Calgary, two thirds of all major upstream, downstream and midstream companies have their head offices in Calgary.

Since March, Arundo has announced several major global partnerships with companies serving the subsea, energy and asset-heavy sectors, including Acteon Group, ABB and WorleyParsons. Arundo will look to add to its growing roster of partnerships from its new Calgary presence.

Arundo’s expansion to Calgary also comes amid significant personnel growth: a 46 percent increase in global headcount since the company’s Series A $25 million funding round in January of this year. Varjassy joins Arundo with many years of software sales and delivery experience in Western Canada, most recently from OpenText and Appian Corporation.

About Arundo Analytics

With offices in Oslo, Houston and Silicon Valley, Arundo Analytics provides cloud-based and edge-enabled software for the deployment and management of enterprise-scale industrial analytics applications. Arundo's software connects industrial data to advanced models and model insights to business decisions. This enables industrial companies to increase revenue, reduce costs and mitigate risks. In 2016, Arundo graduated from Stanford University’s StartX accelerator program, and subsequently received investment from the Stanford-StartX Fund. In 2017, Arundo was named to the MIT STEX25 by the Massachusetts Institute of Technology Startup Exchange (MIT STEX). MIT STEX25 recognizes select companies from a pool of more than 1,000 MIT-connected startups as being particularly well-suited for industry collaboration based on technical and commercial success. For more information, please visit www.arundo.com, or follow Arundo Analytics on Twitter @arundoanalytics.

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CONTACT: Treble

Sam Tormey, 512-960-8222

arundoanalytics@treblepr.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA TEXAS

INDUSTRY KEYWORD: ENERGY OIL/GAS TECHNOLOGY DATA MANAGEMENT SOFTWARE MANUFACTURING OTHER MANUFACTURING

SOURCE: Arundo Analytics

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PUB: 05/17/2018 07:00 AM/DISC: 05/17/2018 07:01 AM

http://www.businesswire.com/news/home/20180517005338/en