Remote Asset Management Software Services News

Oceaneering International, Inc. says it has acquired AIRSIS Inc., a provider of remote asset management software services. AIRSIS’ signature service, PortVision®, provides web-based location reporting on commercial vessels. AIRSIS’ revenue for 2013 was approximately $7 million, and its future financial results will be included in Oceaneering’s Subsea Projects segment. Oceaneering explains that this acquisition is expected to enhance its current asset tracking service offered on offshore drilling rigs and vessels engaged in subsea activities. Asset tracking information is utilized by customers to establish a common operating picture, which improves operational efficiency and enables incident and emergency response collaboration and reporting.