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Wood Group acquires Ingenious Inc.

 

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Wood Group has acquired Ingenious Inc., a supplier of proprietary software and consulting services to the global chemical, oil & gas, and energy industries, from its executive leadership team.

The acquisition provides a strong manufacturing operations management (MOM) systems capability that builds upon and diversifies the capabilities of Wood Group Mustang鶹ýӳs automation and control business, within which it will operate. Ingenious鶹ýӳs 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鶹ýӳs geographic footprint and client relationships in Asia and the Middle East.

鶹ýӳThe capabilities Ingenious provides will enhance the scale and breadth of our automation and control business,鶹ýӳ stated Michele McNichol, Wood Group Mustang CEO. 鶹ýӳWood Group Mustang has been a client and reseller of Ingenious鶹ýӳs products. Together, we can pursue projects that neither could explore independently.鶹ýӳ

Vibhu Sharma, CEO of Ingenious, added, 鶹ýӳJoining Wood Group Mustang鶹ýӳs 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. It鶹ýӳs 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.鶹ýӳ

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


Adapted from press release by