FTS International, Inc. Introduces Machine Health Automation Technology to Global Manufacturing Leaders

Rhea-AI Summary

FTS International, Inc. (NYSE American: FTSI) recently hosted a global automobile manufacturer at its National Operations Center in Fort Worth. The visit showcased FTSI's advanced data and analytics capabilities, particularly its innovative machine health automation technology and KCF MachineIQ^™, which is now being rolled out across all fleets. FTSI, focusing on machine learning and analytics, aims to enhance equipment automation commands in the hydraulic fracturing industry, which faces extreme operational challenges. A senior executive from the automobile company praised FTSI's cutting-edge machine health innovation.

Positive

• Initiated roll-out of machine health automation technology across all fleets.
• Showcased advanced data and analytics capabilities to a leading global automobile manufacturer.
• Invested in machine learning and analytics to improve equipment automation.

Negative

• None.

FTS International, Inc. (NYSE American: FTSI) hosted a leading global automobile manufacturer at its National Operations Center (NOC) in Fort Worth, which serves as the hub for FTSI’s automation platform, to showcase its data and analytics capabilities.

Last month, FTSI initiated its innovative machine health automation technology and KCF MachineIQ^™ on its first fleet, working for Devon Energy, and is now rolling out this technology across all its fleets.

While the automotive industry is well known for its automation technologies, FTSI has brought a level of machine health analytics to the industrial space that surpasses even those in global companies several orders of magnitude larger.

“Traditional automation programs follow commands based on simple parameters such as cycle times and speed settings,” explained Larry Carroll, FTSI’s Director of Innovation, “but these traditional programs are blind to machine health faults and catastrophic failure.”

The hydraulic fracturing industry, with its extreme conditions, leaves machinery especially susceptible to breakdowns, which is why FTSI has invested resources over the last three years in the machine learning and analytics necessary to drive more intelligent equipment automation commands. Mr. Carroll continued, “While these fault algorithms and automation commands are helping FTSI today, there’s no reason other industries cannot benefit from the technical foundation we’ve created.”

While the automobile manufacturer’s name remains confidential, one of this global organization’s senior executives commented, “Today’s visit was eye opening. FTSI is at the cutting-edge of machine health innovation.”

About FTS International, Inc.

Headquartered in Fort Worth, Texas, FTS International is a pure-play hydraulic fracturing service company with operations across multiple basins in the United States.

To learn more, visit www.FTSI.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210401005807/en/

FAQ

What recent event did FTS International host?

FTS International hosted a leading global automobile manufacturer at its National Operations Center to showcase its capabilities.

What technology is FTSI implementing across its fleets?

FTSI is rolling out its innovative machine health automation technology and KCF MachineIQ™ across all its fleets.

How does FTSI's technology differ from traditional automation programs?

FTSI's technology incorporates machine health analytics, making it more advanced than traditional automation programs that often overlook machine health faults.

What was the feedback from the visiting automobile manufacturer's executive?

A senior executive from the automobile manufacturer commented that FTSI is at the cutting-edge of machine health innovation.