LARAMIE, WY - July 12, 2017
LogiLube, LLC, Wyoming’s first wind energy industry manufacturer and a global leader in preventive maintenance technology using Big Data predictive analytics for the wind, oil and gas industries, has joined the Wyoming Wind Coalition, company officials announced today.
The coalition, a project driven by The Jackson Hole Center for Global Affairs, works to attract and promote wind power investment within the state and encourage public support for Wyoming wind energy. With the support of engaged members such as LogiLube, the Wyoming Wind Coalition plans to promote new and current wind development that will strengthen economic growth and diversification as well as create new jobs and expand Wyoming’s tax base.
“Joining developers, turbine manufacturers, and other wind energy-related businesses, LogiLube's addition to the Wyoming Wind Coalition adds to the diversity of its membership in a way I think the coalition founders envisioned,” said Jonathan Naughton, director of the University of Wyoming’s Wind Energy Research Center. “The benefits a product-oriented company like LogiLube brings to the state of Wyoming, such as jobs and tax revenue, complement other positive contributions of wind energy to the Wyoming economy.”
Due to increasing demand for LogiLube’s technology, the company has added eight direct jobs to Wyoming’s economy within the last three years and plans to add five more full-time positions in 2018. LogiLube is also expanding internationally, setting up representation in Europe to address the mature on-shore and off-shore wind energy market.
Wyoming based LogiLube staff have developed a suite of products such as SmartGear™, SmartParticle™, SmartTalk™, SmartData™ and SmartSecurity™ that combine IoT sensors, cloud computing and advanced condition monitoring technology to help companies track the condition of the machinery used in energy production. Products produced in Wyoming, like LogiLube SmartGear™ technology, contribute to lowering the LCOE (levelized cost of electricity) for wind turbine operators by increasing the productivity, reliability and lifespan of the drivetrain.
LogiLube has also grown its Wyoming operation, graduating from a University of Wyoming (UW) incubator to a county-owned technology park building in Laramie. Also in partnership with the university, LogiLube is sponsoring several UW Senior Design Projects that are directly related to advancing the state of wind energy equipment reliability, further reducing the LCOE. These students will also have direct access to industry mentors such as GE WindEnergy and Clipper Windpower executive Lawrence (Larry) Willey and Andy Paliszewski, formerly of Siemens, who currently serve as LogiLube Strategic Advisory Board members. For more information about LogiLube’s Strategic Advisory Board, please visit https://www.logilube.com/about.
LogiLube, LLC is a Laramie, Wyoming-based technology company focused on Big Data predictive data analytic solutions for the wind, oil and gas industries. LogiLube's patented technology identifies imminent failures in oil and gas equipment and provides real-time condition monitoring data online from anywhere around the globe. This data allows companies to manage potential problems, increase equipment uptime and revenue. SmartGear™ monitors the most critical component of revenue generation: wind turbine gearboxes. LogiLube's smart solutions covers every critical factor to uptime reliability including real-time reporting of fluid conditions, automated oil sampling, vibration condition and filter condition monitoring combined with fleet-wide data analytics. SmartOil™ is a machine-mounted, real-time oil condition monitoring system designed to increase valuable equipment uptime and overall reliability. SmartLab™ is a physical oil sample management program that when combined with SmartOil™ provides an end-to-end solution that ensures used oil samples are reliably taken, tracked, and analyzed with results uploaded to cloud servers, typically within 24 hours or less, reporting actionable intelligence. For more information, visit http://www.logilube.com/.