Digital transformation in the oil and gas market is helping training technology and software firm, 3t Transform achieve significant growth.
In the last 12 months 3t Transform has doubled turnover, launched several next generation technology products and secured 34 new global customers with plans for more significant growth by 2023.
The company, which is part of the 3t Energy Group, develops market-leading, cutting-edge training technology such as virtual reality, augmented reality, digital twins, mobile apps and software to manage competency and training. It has seen interest in its products rocket during the Covid-19 crisis as businesses speed up digital transformation programmes.
Formerly known as NeutronVR, the company rebranded as 3t Transform in Spring 2020 and has experienced phenomenal growth, expanding from a team of 16 to 51 and securing multi-million-pound global training projects in Asia, USA and the Middle East - almost doubling its turnover.
In the past 12 months, 3t Transform has worked with some of the world’s largest oil and gas companies to digitalise training including Total E&P UK, Serica Energy and BP. For BP, the company is developing immersive training technology including a virtual reality digital twin of BP’s floating production storage and offloading (FPSO) and hub facilities. This technology will be used to familiarise personnel with the facility’s layout to help them learn operating systems and procedures in an engaging and effective way.
3t Transform is now planning to build on its success and has ambitious growth plans over the next 18 months with new job creation and new technology launches planned.
Richard Coates, COO at 3t Transform said: “We develop disruptive, technology products and services, which are revolutionising the way training is delivered and helping to drive learning trends. Products such as augmented and virtual reality, mobile apps and mobile simulators make training much more engaging, more cost-effective and much easier and our products are the very best in the industry. The pandemic is helping to accelerate demand for digital and remote learning solutions and the quality of our technology is attracting high-profile customers from around the globe.
“Our extensive experience in high-risk industries such as oil and gas and renewables, along with expertise in the built environment, education, engineering and retail sectors, puts us in an unrivalled position to widen our reach and develop solutions for other sectors. We have ambitious global growth targets and exciting future plans, such as the launch of a new e-learning online shop, which will continue to disrupt the marketplace and put us at the forefront of training technology.”
Read the article online at: https://www.worldpipelines.com/business-news/23112021/3t-transform-doubles-turnover-with-plans-for-further-growth/
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