Geoforce (www.geoforce.com), the world’s leading provider of asset management solutions for the oil and gas industry, has been ranked #13 on the Metroplex Technology Business Council’s annual Fast Tech list. The Fast Tech Award ranks the top 30 fastest growing technology, media, telecommunications, life science, and clean technology companies in the Dallas Fort Worth Metroplex.
“Since our inception in 2007, Geoforce has built the world’s largest network of connected oilfield equipment by delivering purpose-built products and services that the oil and gas sector demands,” said Vincent Hsieh, COO/CFO of Geoforce. “Revenue growth is a great measuring stick for how far we’ve come. As such, we’re proud to be on the Fast Tech list for the fourth year in a row, and thank our amazing team for their passion and hard work that has made all this possible.”
The Fast Tech list is compiled from nomination forms and independent research using publicly available information conducted by Travis Wolff, LLP and Comerica Bank. Geoforce previously ranked #16 in 2014, #15 in 2013, and #6 in 2012.
“The Tech Titans Fast Tech awards shine a spotlight on tech companies that are up-and-coming in North Texas. You see them first here, and we expect great things from them,” said Bill Sproull, president and CEO of Tech Titans. “We’re proud of these vibrant and fast-growing companies.”
Geoforce doesn’t just sell to oil and gas. Geoforce is from oil and gas. Our founder, James MacLean III, was a wireline engineer and experienced firsthand the pain of not knowing where important field equipment was located. From that pain, Geoforce was born in 2007 with the simple belief that the chaos and pain of oilfield operations could be alleviated with technology.
Our solutions include efficient asset location and retrieval, rental invoice auditing, service delivery verification, inspection compliance, equipment maintenance alerts, and a host of others. Our customers include many of the international super major operating companies, most of the major international oilfield services companies, as well as hundreds of mid-size and regionally-focused oil and gas operators, service providers, and equipment rental companies.
Combining a cloud-based software platform with ruggedized GPS tracking devices, Geoforce’s Track and Trace solutions bring control to even the most remote field operations. Our asset tracking devices are built for the world’s toughest field operators in these industries: oil and gas, rail, construction, mining, transportation, government/defense, and agriculture. Today more than 1,300 customers track 150,000+ assets in almost 100 countries. Headquartered in Dallas, Texas, Geoforce operates a research and development office in Bozeman, Montana. Sales and support offices are maintained throughout the U.S. and in Brazil, Australia, and Canada.