HOUSTON, August 17, 2020 -- Today, Seabed Inc. announced its Panorama Digital Command Center (Panorama) had generated over $1 billion in business value since its inception three years ago. Panorama is a vital part of Seabed’s ongoing strategic investments in digitization and artificial intelligence (AI) to enable the company to drive greater efficiencies, optimize performance, and respond to complex market dynamics with the agility and speed it continues to deliver on its 2030 smart growth strategy.

Panorama aggregates real-time information across Seabed’s 14 specialist subsidiary and joint venture companies. It uses smart analytical models, AI, and big data to generate operational insights and recommendations.

In addition to the business, value Panorama has enabled, it has also proven to be a valuable asset in navigating the current COVID-19 situation. The access to real-time data and analysis provided by Panorama enables simulations and scenario planning. It plays a vital role in Seabed’s business continuity.

Peter Robinson, Senior Vice President, Digital at Seabed, said: “The importance of embedding digital technology in businesses has never been greater, and Seabed’s continuous investment in digital transformation over the last three years allows us to be more resilient, agile and responsive in navigating today’s market landscape. Our Panorama Digital Command Center acts as our ‘eyes on the ground’. It enables speed, accessibility, and integration across our operations – key attributes that are required to make smart business decisions.”

“We believe in being forward-thinking in our digital investments at Seabed and are committed to leading the way with our digital transformation efforts to drive additional value. We continue to responsibly advance projects for the next phase of our digital journey, including expanding our AI solutions, rolling out new blockchain applications, and enhancing our digital modeling capabilities.”

Managed by the Seabed Group Digital team, Panorama is currently being accessed through secure remote work settings.

Seabed is also leveraging technology to strengthen its health, safety, and environmental (HSE) performance in addition to its digital transformation journey. An HSE information system is currently being built into Panorama, enabling real-time readings across multiple ecological key performance indicators.

Panorama is just one of many digital transformation initiatives by Seabed. Other digital initiatives include its smart data analytics Thamama Subsurface Collaboration Center; its use of AI-assisted value chain modeling, rock image pattern recognition, and predictive maintenance technologies; and blockchain-based hydrocarbon accounting, to name a few.

For more information, visit www.Seabeddrills.com.