Phillips 66 Invests in Seeq, an Advanced Analytics Software Developer
Phillips 66 is enhancing its advanced analytics capabilities through an investment in Seeq, a software developer for process manufacturing data analytics. This marks the first investment from Phillips 66's Digital Ventures team, part of the AdvantEdge66 program aimed at digital transformation. Zhanna Golodryga, Chief Digital Officer, highlighted the potential of data to drive innovation and improve products. Seeq, based in Seattle, offers Industrial Internet of Things applications to visualize and analyze manufacturing data, helping stakeholders optimize operations and outcomes.
- First investment by Phillips 66's Digital Ventures organization.
- Part of AdvantEdge66 program focusing on digital transformation.
- Potential for collaboration to enhance Seeq's product offerings.
- None.
Phillips 66 is driving to expand its advanced analytics capabilities with an investment supporting Seeq, a developer of software applications for analyzing and sharing insights on process manufacturing data.
The investment is through the Altira Group, a venture capital firm that counts Seeq as one of its portfolio companies. It is the first investment by Phillips 66’s Digital Ventures organization, which is part of the AdvantEdge66 program launched by the company to drive digital transformation and innovation.
“Data can yield incredible value and insights when properly gathered and refined through advanced analytics,” said Zhanna Golodryga, Senior Vice President and Chief Digital and Administrative Officer for Phillips 66. “That’s why it’s important for us to collaborate with companies to advance innovation in the digital and analytics spaces. This investment provides a pathway for us to help Seeq grow and continue to improve its products, which we believe will be beneficial for our digital transformation journey.”
Seeq is a privately held virtual company headquartered in Seattle with a comprehensive set of process manufacturing and Industrial Internet of Things software applications. These applications, which include time-series data visualization tools, enable stakeholders to rapidly investigate, collaborate and distribute insights to improve operations and business outcomes.
About Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,000 employees committed to safety and operating excellence. Phillips 66 had
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