Innovation, Collaboration & Diversification a recipe for ...

Innovation, Collaboration & Diversification – a recipe for success?

Copyright © 2017 Viper Subsea, All Rights Reserved

£0

£1,000,000

£2,000,000

£3,000,000

£4,000,000

£5,000,000

£6,000,000

£7,000,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

45%

AGR

Growth driven by

Innovation &

Collaboration

Growth driven by

Innovation,

Collaboration &

Diversification

Revenue

The Rise, the Fall, and the Rise of the Revenues


Collaboration leads to Innovation and Diversification

• Services

• Products

• Industries

• Capability

• Services

• Products

• Industries


Technology Partners

Suppliers

Clients

Collaboration for Innovation

PhD Programmes

KTP Partnerships

- Data Analytics

- Marketing

Big Data

V-SENTINEL- Data Analytics

V-IR- Subsea Integrity Monitoring

3rd Party Technology


V-IR: Subsea Electrical Integrity Monitoring

JIP established with TOTAL, Shell, BP, Exxon and Chevron as sponsors

Project Commenced in 2013

Development of key V-IR system components:

V-LIM Topsides Line Integrity Monitor

V-SLIM Subsea Line Integrity Monitor

V-NET Subsea-to-surface communications system

12 month shallow water trial started Q2 2016

Collaboration for Innovation


Collaboration for Innovation and Diversification

A 2016 Strategic Investment

CableGuardian® for Prediction and Location of Electrical Cable Faults

Diversification through Innovation & Collaboration

A Viper Subsea and LiveWire solution

Copyright © 2017 Viper Innovations Ltd, All Rights Reserved

CableGuardian®

A system of single or distributed units providing constant:

Monitoring and trending of cable integrity and basic electrical parameters

Identification and location of:

Short circuits

Open circuits

Intermittent faults

Insulation Resistance degradation

Data hand-off to client’s infrastructure or cloud storage

Data analytics via V-SENTINEL

The first platform to provide live fault locationinformation for both insulation and conductor faults

Product Branding

University CollaborationStrategic Partnership

Exclusive Supplier Trade

Agreement

Customer Collaboration -

JIP


CableGuardian for Subsea Applications

Features:

Incorporates V-LIM Technology

IR Monitoring (1kohm to 1Gohm)

Capacitance (up to 150µF)

Dielectric Absorption Ratio

Polarisation Index

Voltage, Current, Power, Frequency

Incorporates SSTDR Technology

Permits Remote Testing of Umbilical

Remote enabling of V-LIFE

Configurable Output

Remote Monitoring


CableGuardian for Railway Applications

CableGuardian for remote electrical asset condition monitoring

Reduces train delays associated with electrical cable failures

For points, track circuits and signalling power supplies

Remote monitoring reduces the exposure of staff to hazards

Permits a move from a frequency based inspection regime to one driven by actual asset condition and performance


CableGuardian for Other Industrial Applications

DIN Rail Mounted SSTDR Module


A new name for Product and Industry diversification

Industry Non-Specific Products and Company Name

New Website

New Branding

New PR Focus – Trade Magazines, Conferences, Social Media

Different Industry Trade Shows


Changing Mission Statement

In 2012:

To provide subsea and offshore products and services that support world-wide energy supply

In 2016:

To create and deliver innovative products and services that maximise the operational life of controls and electrical distribution equipment, and assist our clients in maximising their return on assets.


InnovationCollaboration DiversificationCollaboration

InnovationDiversification

In Summary

Proven

Proven

Proven


Consequential Benefits to the Subsea Sector

Higher Product Volumes = Lower Costs

New Technology to Drive Efficiencies

Cross Industry Best Practices

Suppliers less susceptible to sector downturns.

Collaboration Leads to Better Solutions

Win-Win for the Industry, the Collaborators, and the Technology Innovators


£0

£1,000,000

£2,000,000

£3,000,000

£4,000,000

£5,000,000

£6,000,000

£7,000,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Growth driven by

Innovation,

Collaboration &

Diversification

Revenue

The Rise, the Fall, and the Rise of the Revenues

Innovation, Collaboration & Diversification a recipe for ...

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