{"id":6485,"date":"2021-02-23T01:00:30","date_gmt":"2021-02-23T06:00:30","guid":{"rendered":"http:\/\/www.clubinsideronline.com\/news\/?p=6485"},"modified":"2021-02-23T18:00:59","modified_gmt":"2021-02-23T23:00:59","slug":"peloton-enters-into-agreement-to-acquire-cevian-technologies","status":"publish","type":"post","link":"http:\/\/www.clubinsideronline.com\/news\/suppliers\/peloton-enters-into-agreement-to-acquire-cevian-technologies\/","title":{"rendered":"Peloton Enters into Agreement to Acquire Cevian Technologies"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Peloton-300x88.png\" alt=\"Peloton\" width=\"300\" height=\"88\" class=\"alignnone size-medium wp-image-2114\" srcset=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Peloton-300x88.png 300w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Peloton-200x59.png 200w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Peloton.png 678w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Peloton<\/p>\n<p><strong>CALGARY, AB<\/strong> &#8211; Peloton announces that they have entered into an agreement to acquire Cevian Technologies, a cloud-based software company that specializes in real-time data acquisition, visualization and reporting tools for the completions industry. Cevian&#8217;s flagship product, FracNet, is a real-time fracturing data visualization and cloud storage platform, that makes any fracturing treatment data accessible in a standard, structured format during and after the job.<\/p>\n<p>As the energy industry embraces digitalization and cloud technology, the opportunity to align Cevian&#8217;s FracNet software and services with Peloton&#8217;s Platform solutions, including well data lifecycle and production data lifecycle, will enhance companies&#8217; ability to analyze fracturing data, improve decision-making and optimize opportunities.<\/p>\n<p>Glen Gray, CEO of Peloton says, &#8220;We look forward to further developing FracNet and integrating our combined technology to increase productivity and reduce cost for our clients.&#8221;<\/p>\n<p>Jocelyn McMinn, Co-Founder and Managing Director of Cevian Technologies adds, &#8220;The addition of FracNet to the Peloton Platform brings real-time quality precision and standardization to the completions space, something long enjoyed by the drilling sector.&#8221; &#8220;Peloton is the ideal home for Cevian, and together, we will provide clients with curated completions data that can be easily accessed using FracNet or any visualization platform,&#8221; says Kevin Lo, Co-Founder and Managing Partner of Cevian.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>CALGARY, AB<\/strong> &#8211; Peloton announces that they have entered into an agreement to acquire Cevian Technologies, a cloud-based software company that specializes in real-time data acquisition, visualization and reporting tools for the completions industry.<\/p>\n","protected":false},"author":1,"featured_media":2114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[253],"_links":{"self":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/6485"}],"collection":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/comments?post=6485"}],"version-history":[{"count":1,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/6485\/revisions"}],"predecessor-version":[{"id":6486,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/6485\/revisions\/6486"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media\/2114"}],"wp:attachment":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media?parent=6485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/categories?post=6485"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/tags?post=6485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}