VEERUM Company Market Research Report

Company Overview

• Name: VEERUM

• Mission of the Company: VEERUM's mission is to enhance worker safety and productivity in heavy industry by enabling remote operations and virtual site walk-throughs.

• Founded: Specific founding date and founder information is not provided.

• Key People in the Company: Leadership details are not specified, but Michael Kubik was appointed as the new CFO and Corporate Development Officer as of October 25, 2023.

• Headquarters: The exact location of the headquarters is not provided.

• Number of Employees: No information is available.

• Revenue: No information is available.

• What the company is known for: VEERUM is known for its digital twin technologies, which are used by major companies in heavy industries for managing industrial assets in 3D and enhancing safety while reducing operational costs.

Products

VEERUM 3DVAULT

• Description: Centralizes the upload and storage of 3D reality-capture data, making it accessible across all sites and lifecycle stages.

• Key Features:

• Centralized storage for managing and distributing geospatial data.

• Eliminates data loss and reduces recapture costs.

• Provides built-in data governance with secure management.

• Seamless collaboration and scalability with a pay-as-you-grow model.

VEERUM DigitalTWIN

• Description: Operationalizes 3D data in a digital twin platform to enable remote site visualization and improve decision-making.

• Key Features:

• Virtual site exploration with 360° panoramic views.

• Reduces field exposure and unplanned downtime.

• Enhances asset data registers for accurate decision-making.

• Supports remote collaborations with unlimited user licenses.

Recent Developments

• Great Place to Work® Certification: Achieved certification for the third consecutive year as of August 20, 2024.

• Advanced Shutdown and Turnaround Solution: Launched on June 7, 2024, to optimize planning for process facilities.

• VEERUM 3DVAULT Launch: Announced on May 24, 2024, for geospatial data management and governance.

• DigitalTWIN Single-Tenant Offering: Announced on December 12, 2023, to enhance data security.

• New Key Appointment: Michael Kubik was introduced as VEERUM's CFO and Corporate Development Officer on October 25, 2023.

Recognition and Awards

• Workplace Awards:

• Best Workplace in Canada 2023

• Best Workplace in Alberta 2023

• Best Workplace in Technology 2023

• Industry Awards:

• CIO Review’s Most Promising Digital Twin Solutions Provider 2023

• “Digital Twinning Legacy Facilities Funding Award” from the Clean Resource Innovation Network (CRIN).

The information provided in this report is based on the available data from VEERUM and reflects their offerings and recent activities up to the year 2024. Additional details such as more specific company financials, detailed employee counts, and headquarters location were not provided in the available data.