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Veros Systems

Veros Systems is an industrial asset monitoring company based in Austin, Texas. Our flagship product, Veros ForeSight™, provides a dashboard with real-time operating metrics and clear, early warnings about impending equipment failures, with zero false alarms.

Engineering and maintenance managers rely on ForeSight to quickly and easily know how their equipment is operating, identify poorly performing assets and be alerted to problems months in advance, so they can plan and take action. This results in less unplanned downtime, reduced exposure to safety and environmental incidents, and improved efficiency, while minimizing spare parts cost and time spent on maintenance.

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  • SNAPSHOT
  • United States
    2001
    Private
    < $10m
    11 - 50
    Open website
  • TECHNOLOGY STACK
  • Veros Systems’s Tech Stack maps Veros Systems’s participation in the IoT tech stack.
    • Application Layer
    • Functional Applications

    • Cloud Layer
    • Platform as a Service
      Infrastructure as a Service

    • Edge Layer
    • Automation & Control
      Processors & Edge Intelligence
      Actuators
      Sensors

    • Devices Layer
    • Robots
      Drones
      Wearables
    • Supporting
      Technologies
    • Analytics & Modeling
      Application Infrastructure & Middleware
      Cybersecurity & Privacy
      Networks & Connectivity
    Technological Capability
    None
    Minor
    Moderate
    Strong
  • IOT SNAPSHOT
  • Veros Systems’s IoT Snapshot maps the range and focus areas of Veros Systems’s IoT business across Technologies, Use Cases, Industries, and Services. Only categories with active products will be shown. Missing categories indicate that there is no activity in those areas.
    Use Cases
    Machine Condition Monitoring
    Industries
    Automotive
    Buildings
    Chemicals
    Metals
    Oil & Gas
    Paper & Pulp
    Utilities
  • IOT SOLUTIONS
  • KEY CUSTOMERS
  • CASE STUDIES
  • Veros Systems: Compression Facility Industrial Asset Monitoring Solution
    After spending millions on an enhanced oil recovery (EOR) infrastructure, including CO2, compressors, pipelines, injection wellheads, and fluid separators, Chaparral began to see its long-term investment pay off as oil production increased. However, when a CO2 compressor fails, CO2 volumes to the pipeline plummet by 50% or more. The operator needed predictive intelligence to prevent such an event.
    Veros Systems: Planned Maintenance for Power Generating Company
    Having no unplanned outages in multi-unit power plants throughout the late spring, the summer and the early fall months is challenging in the hot Texas weather. An unplanned outage during these months could mean having to purchase replacement power at spot market prices, which could be spiking during the outage. Knowing when and for how long to overload the equipment in power plants is a significant part of operating strategy. Operators need accurate estimates of motor driven pump and fan loading levels to determine operating limits.
  • HARDWARE
  • SOFTWARE
  • PODCASTS
  • MEMBERSHIP
  • INDUSTRIES
  • FUNCTIONS
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  • PARTNERS
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