DataGlance, Inc. Market Research Report

Background

Company Overview

DataGlance, Inc., established in 2001, specializes in mobile and enterprise data management solutions tailored for the energy sector. The company offers a suite of transformative electronic work (eWork) solutions, notably the DGPro™ suite of mobile applications, which integrate seamlessly with major enterprise data management platforms. These solutions are extensively utilized in utility and asset management to enhance work process productivity, reduce system downtime, and improve data migration and archiving efficiency.

Mission and Vision

DataGlance's mission is to empower energy industry professionals by providing innovative mobile solutions that streamline work processes and data management. The company's vision is to be a leading provider of mobile digital and AI-enabled work solutions, enhancing operational safety, reliability, and cost-effectiveness in the energy sector.

Industry Significance

Operating within the information technology and services industry, DataGlance plays a pivotal role in the energy sector by offering solutions that bridge the gap between mobile technology and enterprise data management. Its products are integral to modernizing work processes, ensuring compliance, and driving efficiency in energy operations.

Key Strategic Focus

Core Objectives

• Enhancing Operational Efficiency: Developing solutions that automate and streamline work processes to improve productivity and reduce operational costs.

• Integrating Mobile and Enterprise Systems: Creating applications that facilitate seamless integration between mobile devices and enterprise data management platforms.

• Ensuring Data Accuracy and Compliance: Providing tools that maintain data integrity and adhere to industry regulations.

Areas of Specialization

• Mobile eWork Solutions: Offering applications that digitize work orders, procedures, and documentation, enabling real-time access and management.

• Electronic Document Management: Developing systems for efficient document storage, retrieval, and compliance tracking.

• AI-Driven Work Planning: Implementing artificial intelligence to optimize work order planning and resource allocation.

Key Technologies Utilized

• Mobile Platforms: iOS, Android, and Windows for application deployment.

• Cloud Computing: Utilizing cloud services for data storage and processing.

• Artificial Intelligence: Employing AI algorithms for predictive analytics and work planning optimization.

Primary Markets Targeted

• Utility Companies: Enhancing maintenance and operational processes.

• Asset Management Firms: Improving asset tracking and management efficiency.

• Energy Sector Organizations: Addressing specific needs in power generation, transmission, and distribution.

Financials and Funding

Funding History

DataGlance has maintained a privately held status since its inception, with no publicly disclosed funding rounds or external investments. The company has achieved organic growth through its product offerings and strategic partnerships.

Financial Performance

While specific revenue figures are not publicly disclosed, DataGlance is estimated to generate annual revenues between $1 million and $5 million, with a workforce of approximately 15 employees.

Pipeline Development

Key Products and Solutions

• ePerform: A procedure-based electronic work package solution that digitizes field documents, enhancing work execution and data collection.

• eDocument: A computer-based procedure and dynamic instruction solution that meets industry standards, offering features like guided procedures and real-time data feeds.

• eKnowledge: A mixed reality and multimedia streaming solution suite that enables real-time, remote sharing of expert knowledge through augmented reality.

Development Stages and Timelines

DataGlance continues to refine and expand its suite of eWork solutions, focusing on integrating advanced technologies to meet evolving industry needs. Specific timelines for upcoming product releases are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

• DGPro™ Suite: A comprehensive suite of mobile eWork solutions that integrate with existing enterprise data management platforms.

• ePerform: A solution that transforms paper-based field documents into electronic formats, streamlining work processes.

Significant Scientific Methods

• AI-Driven Work Planning: Utilizing artificial intelligence to automate and optimize work order planning, reducing manual effort and enhancing accuracy.

• Mixed Reality Applications: Implementing augmented reality for real-time expert knowledge sharing and training.

Leadership Team

Key Executives

• Ashok Shetty: Founder and CEO of DataGlance, with over 15 years of experience in enterprise applications and data management. He holds a Master's degree in Computer Science from the University of Mumbai.

• Nathan Ives: Executive Vice President of Business Development, responsible for establishing and maintaining strategic partnerships. He has over 30 years of experience in the power, oil & gas, water, and mining industries.

Competitor Profile

Market Insights and Dynamics

The market for mobile and enterprise data management solutions in the energy sector is growing, driven by the need for operational efficiency, regulatory compliance, and digital transformation. Companies are increasingly adopting mobile solutions to streamline work processes and enhance data accuracy.

Competitor Analysis

• Stack Technologies: Specializes in data management and digital transformation for the energy sector, offering a platform that integrates diverse data systems.

• BroadPeak Partners: Focuses on commodity and energy trade data integration within the financial services sector, providing a low-code platform for compliance and risk management.

• Logical Information Machines: Provides data and analytics for the energy, financial, and agriculture sectors, offering APIs and development tools for data management.

Strategic Collaborations and Partnerships

DataGlance has established partnerships with leading energy companies, including ABB, American Electric Power (AEP), Bruce Power, DTE Energy, Duke Energy, EDF Energy (UK), Exelon, Entergy, Evergy, Los Alamos National Laboratory, NextEra/Florida Power and Light (FPL), Ontario Power Generation (OPG), Pennsylvania Power and Light (PPL), Progress Energy, Public Service Electric and Gas (PSEG), Rock-Tenn, Science Applications International Corporation (SAIC), Tri-State Generation and Transmission Association, Inc., and Xcel Energy.

Operational Insights

DataGlance differentiates itself through its comprehensive suite of mobile eWork solutions that integrate seamlessly with existing enterprise data management platforms. The company's focus on AI-driven work planning and mixed reality applications positions it as a leader in digital transformation within the energy sector.

Strategic Opportunities and Future Directions

Strategic Roadmap

• Product Innovation: Continuing to develop and enhance mobile eWork solutions with advanced technologies like AI and mixed reality.

• Market Expansion: Exploring opportunities in new geographic regions and adjacent industries to broaden the customer base.

• Strategic Partnerships: Forming alliances with technology providers and industry leaders to co-develop solutions and expand market reach.

Future Business Directions

DataGlance aims to solidify its position as a leading provider of mobile digital and AI-enabled work solutions in the energy sector, focusing on innovation, customer satisfaction, and operational excellence.