Black & Veatch joins forces with Rezatec for AI-driven asset condition assurance

19 February 2020

Black & Veatch has entered into a strategic partnership with Rezatec to collaboratively develop decision support tools that enable owners and operators of infrastructure assets to make intelligent, business critical decisions using geospatial analytics.

In a statement the firms said the partnership unleashes the value of geospatial satellite data by combining Rezatec’s advanced analytics and Black & Veatch’s expertise in creating sustainable utility infrastructure

“Rezatec’s ability to analyse earth observation data brings a new perspective to the management of large infrastructure assets. We are excited to collaborate and use our expertise in the engineering, delivery and management of critical human infrastructure to develop decision support tools that provide highly valuable and actionable insights for our clients,” said Mark Malcolm, Director of Delivery, Black & Veatch Europe.

Rezatec applies data science, through sophisticated AI-driven analytics, to satellite-derived geospatial data to enable clients owning and operating distributed land-based assets make more accurate decisions. Rezatec’s data services enable improved margins, enhanced competitive advantage and optimised asset management.

“Through Black &Veatch’s experience and insights in the engineering and delivery of utility infrastructure and our algorithms and advanced machine learning techniques we are able to unlock the value in satellite-derived geospatial data to deliver strategic, commercial and actionable insight for our customers,” explained Philip Briscoe, Chief Operating Officer, Rezatec.

The Rezatec partnership is the latest in a number of strategic collaborations between Black & Veatch Europe and digital technology and artificial intelligence companies. The firm said its intention is to reduce client risk by identifying the technologies which offer real-world benefits and speed-to-value.

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