Ingenious acquired by Wood Group

April 8, 2016

Ingenious Inc., a supplier of proprietary software and consulting services to the global chemical, oil and gas, and energy industries, has been acquired by Wood Group.

The acquisition provides a manufacturing operations management systems capability that builds upon and diversifies the capabilities of Wood Group Mustang's automation and control business, within which it will operate. Ingenious's software products consist of remote performance monitoring, production planning and scheduling, and training, including e-learning and training simulators for the process industries.

Founded in 2000 by Vibhu Sharma and Bharat Kamdar, Houston-based Ingenious provides consulting and engineering services to support software sales and non-software-related services such as process engineering, design and simulation, and process safety management. Ingenious also has an office in Mumbai, India, that supports regional customers, executes international projects, and assists in software development. The Mumbai operations expand the automation and control business's geographic footprint and client relationships in Asia and the Middle East.

"The capabilities Ingenious provides will enhance the scale and breadth of our automation and control business," said Michele McNichol, Wood Group Mustang CEO. "Wood Group Mustang has been a client and reseller of Ingenious's products. Together, we can pursue projects that neither could explore independently."

"Joining Wood Group Mustang's automation and control business allows us to offer existing and new customers an enviable combination of software and consulting services, from training simulators to performance monitoring, planning, scheduling, environmental, APC, MES and related solutions,” said Vibhu Sharma, CEO of Ingenious. “It's also a match culturally as we value the same principles that Wood Group embodies. All of us at Ingenious see this as a springboard to establish a strong leadership position in the manufacturing operations management space."

Wood Group will also be able to leverage Ingenious's strength in the operator training simulator market to enhance its control system simulators, training tools and services.



Current News

Saudi Aramco Pursues IPO Planning Despite Attack

Saudi Aramco Pursues IPO Planning Despite Attack

Middle East Risks Keep Oil Prices High

Middle East Risks Keep Oil Prices High

Transborders Joins Forces with Osaka Gas

Transborders Joins Forces with Osaka Gas

BP Awards Caspian ACG Contracts

BP Awards Caspian ACG Contracts

Senvion to Sell Assets to Siemens Gamesa

Senvion to Sell Assets to Siemens Gamesa

Oil Price Spike after Saudi Attack Temporary

Oil Price Spike after Saudi Attack Temporary

CannSeal Debuts Mobile Mixer Technology

CannSeal Debuts Mobile Mixer Technology

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week