As we close 2024, we reflect on an incredible year full of many growths, product development and many, many milestones. Watch the video below to relive the highlights of our milestone achievements in 2024:
In this article, we are taking a light-hearted and honest look at what we have accomplished with some self-awareness and gratitude.
The Foundations We Built
This May, we launched Integrity Elementz, our flagship subsea asset integrity management software. Developed in collaboration with our marketing partners at Prospect 13, we created a brand that embodies what we wanted Elementz to be – honest, reliable, modern and to be brutally truthful, likeable.
Backed by the wisdom and experience we gained at our parent company Aize and through the direct support of our customers, we entered the market not just a newcomer but with a legacy and solid foundation. And to celebrate, we threw a launch party, showing we can deliver top-tier software just as well as we can party!
New Board of Directors
In addition to our team’s achievements, we’re excited to introduce our newly appointed Board of Directors, which will help guide Elementz as we continue to grow. The board, led by Elementz CEO Jason Brown, includes Aize CEO Jarle Skrebergene as Chairman, and Camilla Leon, VP Subsea at AkerBP. Their collective expertise in subsea asset management and business strategy is already making an impact on our journey. With their support, we are poised to achieve new levels of success and continue providing industry-leading solutions to our clients.
Our Milestones
- Revenue Wins: Surpassing £2 million in total revenue during our first year, including £500,000 in additional recurring revenue, felt surreal. To our customers – thank you for believing in us and for reminding us that we are doing something worthwhile.
- Global Footprint: Supporting 18 customers across four continents has been a whirlwind. From the Americas to Asia-Pacific, we’ve established ourselves as a trusted partner in subsea inspection campaigns – though we promise to stop using “time zones” as an excuse.
- Offshore Impact: We’ve supported numerous offshore inspection campaigns, delivering real value to our clients and helping ensure safer, more sustainable operations. It’s a humbling reminder of how vital our work is to the global energy ecosystem.
People First, Always
Our team is the heart of Elementz. Starting lean, we grew to an 18-strong squad by year’s end (with six more joining us soon in 2025). To our incredible team, who tackled tight deadlines, solved tough challenges, and still found time for the murder mystery social event, you’re the real MVPs – thank you. We’re thinking about awarding a “Best in Costume” trophy next year and, perhaps, upgrading our coffee game!
A New Home
The Aberdeen Energy Park became our new home, transforming it into more than just an office. We made it our own space where innovation and collaboration thrive. Meanwhile, Integrity Elementz is proving to be a game-changer in the subsea integrity field, though we know there’s always room for more. Our 2025 focus includes new features, smarter design, automation and maybe fewer team debates on what we should have for lunch.
Customers who support us
Our customers are the backbone of everything we do. Their trust in our subsea asset integrity solutions has been both humbling and inspiring, pushing us to deliver innovation with purpose.
From day one, their feedback and support have been instrumental in shaping Integrity Elementz into a product that truly meets industry needs. Whether by embracing our software in their global operations or collaborating with us to refine features and capabilities, they have become partners in our journey – not just users. This relationship drives our commitment to constantly evolve, allowing us to continue supporting their critical work with the reliability and efficiency they deserve.
Partnerships that lift us
We owe a lot to our partnerships with Prospect 13, FORM careers, Data Lab, Step Change, AREG, and, of course, Aize – for their support and insights. Collaboration is where the magic happens, and we’re grateful for everyone who’s shared this stage with us.
Also, a special thank you to Fergus McCann, the inventor of Coabis (a key part of our legacy) who retired this year. Fergus, we’ll never forget the unforgettable retirement party in your honour!
The Road Ahead
2024 was an incredible year, but we’re just getting started. Next year is all about building on this momentum. We’re diving deeper into enhancing Integrity Elementz, growing our team, and continuing to expand globally. Of course, we’ll still keep the fun alive – 2025’s murder mystery theme is already under review.
To our customers, team, and partners—thank you for your continued belief in us. We look forward to navigating 2025 with the same grit, humour, and ambition that made this year so memorable. Here’s to even greater success ahead!
– Jason Brown, CEO of Elementz
