Company Research Report: DeepCast, LLC
Company Overview
- Name: DeepCast, LLC
- Mission of the Company:
With the power of AI, we help engineers and scientists to easily build practical models that are faster than traditional physics-based tools and require significantly less data than machine learning tools.
- Founded: No information is available
- Founders: No information is available
- Key People:
- Hector Klie (CEO)
- Arturo Klie (CTO)
- Headquarters:
1334 Brittmoore Rd, Ste #1326, Houston, Texas 77043
- Number of Employees: No information is available
- Revenue: No information is available
- What is the Company Known For:
DeepCast is known for its AI SaaS platform that provides real-time integration with diverse data sources and tools to drive optimal product development. They offer practical AI-driven solutions enabling automation in modeling and optimization workflows, primarily for the Oil and Gas industry.
Products
AI SaaS Platform
- Description:
DeepCast’s AI SaaS platform facilitates seamless integration of data and tools, empowering scientists and engineers with insights to enhance product development. The platform allows real-time integration with various data sources and tools for streamlining the creation of digital twins and expanding operational visibility.
- Key Features:
- Data Integration: Provides real-time integration with diverse data sources and tools.
- Digital Twin Creation: AI engine builds a digital twin with minimal data and no coding requirements.
- Operational Visibility: Enhances collaboration and operational strategies by integrating data and models for better decision-making opportunities.
- User Interface: Accessible from the cloud or on-premise to analyze data, assess model predictions, and share recommendations.
Optimization Solutions
- Description:
DeepCast’s optimization solutions utilize AI and economics modeling to help industries lift margins, cut costs, and save time.
- Key Features:
- Lift Margins: Identified +$100MM/yr in oil recovery from closed-loop steam flooding operations.
- Cut Costs: Managed to cut $300K/month in OPEX for 600 wells.
- Save Time: Corrosion modeling reduced anti-corrosive material categorization time from 3 months to a few minutes.
Recent Developments
New Products and Features
- No information is available about new products launched or new features added to existing products.
Partnerships and Collaborations
- SBIR Grant by NSF:
Awarded a grant by the National Science Foundation to develop and commercialize innovative AI technology for streamlining the manufacturing of new chemical products.
Events and Media Coverage
- Podcast Interview at Digital Wildcatters:
Hector Klie (CEO) and Arturo Klie (CTO) discussed the company's origins, evolution, and their field development and optimization solutions.
- SIAM News Articles:
DeepCast’s participation in the SIAM Annual Meeting was highlighted, and experiences were shared on how applied mathematics can aid entrepreneurship.
- D2K RECODE Panel, Rice University:
Hector Klie discussed the future of Data Science with students and faculty.
Company Presentations & Keynote Speeches
- URTeC 2020, EAGE Technical Meeting:
Discussed new and more powerful forecasting capabilities.
- Stanford Subsurface Data Science Workshop, SEG JAWS Event:
Presented on the transformation of the Oil and Gas industry through Data Science and AI.
Academic and Industry Collaboration
- TAMU Seminar:
Hector Klie presented on Physics-AI Forecasting and Optimization.
- Rice Data Science Conference:
Shared findings on automated field development recommendations using integration of Physics and AI.
Contact Information
- Sales Contact: Scan the QR Code to get the business card of the sales representative
- Phone: +1 (832) 371-2929
- Email: info@deepcast.ai
- Address: 1334 Brittmoore Rd, Ste #1326, Houston, Texas 77043
- Website: [DeepCast](https://deepcast.ai)
© 2022 DeepCast, LLC. All rights reserved.