FutureOn
FutureOn AS is a Norwegian-headquartered SaaS/PaaS provider of the FieldTwin digital twin platform for offshore energy projects, serving oil and gas operators, EPCs, and offshore wind developers with API-first design-to-operations software.
- Company typePrivate
- Founded2016
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What FutureOn does
FutureOn AS is a privately held Norwegian-headquartered SaaS/PaaS vendor that builds FieldTwin, a cloud-native, API-first digital twin platform for offshore energy projects. Founded in 2016 and headquartered in Oslo, the company serves oil and gas operators, EPC contractors, and offshore wind developers by unifying engineering, GIS, inspection, and operational data into a single geospatial workspace across the full asset lifecycle, from concept and field development appraisal through project execution, operations, and decommissioning.
The FieldTwin suite comprises five core modules (Design, Operate, Collaborate, Workflow, Reporting) augmented by add-ons such as Wind Farm Designer, FieldTwin Intelligence (an LLM/RAG-based project co-pilot), FieldTwin Vision (ROV video and LiDAR processing), and engineering calculators (Crossing Detector, Span Estimator, Pipeline Wall Thickness Estimator). The platform is differentiated by deep, pre-built integrations with industry-standard systems including SLB's OLGA and LedaFlow flow simulators, Bentley iTwin, Rystad Energy cost data, ESRI ArcGIS, Oliasoft WellAssist, 4Subsea ValveTrack, and enterprise PIMS systems. FutureOn maintains enterprise-grade security and AI governance through SOC 2 Type II, ISO 27001, ISO 27017, ISO 27018, ISO 27701, ISO 42001, GDPR, and PCI DSS certifications.
FutureOn monetizes FieldTwin via quote-based annual subscriptions with tiered licensing (free View, paid PRO, and PRO Design for full editing) and professional services for onboarding, training, and workflow optimization. Distribution is exclusively direct enterprise field sales, with personalized 30-minute demos as the primary top-of-funnel conversion mechanism. The company claims adoption by six of the world's ten largest energy companies, with named customers including Shell, AkerBP, Petrobras, Equinor, Chevron, ENI, Subsea 7, McDermott, Wood Group, and PTTEP. As of the input period, FutureOn employs approximately 50 staff across eight offices in Norway, the United States, the United Kingdom, France, Brazil, Australia, and the UAE, with 10% year-over-year growth cited on the About page.
FutureOn firmographics
Firmographics- Name
- FutureOn
- Legal name
- FutureOn AS
- Website
- https://futureon.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FutureOn AS is a Norwegian-headquartered SaaS/PaaS provider of the FieldTwin digital twin platform for offshore energy projects, serving oil and gas operators, EPCs, and offshore wind developers with API-first design-to-operations software.
- Ownership category
- akta.pro rank
FutureOn industry classification
Industry- Product category
- Digital Twin Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Wind Electric Power Generation (221115)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Offshore Wind Project Development & Leasing (EUAMACAB)
- akta.pro secondary industries
- Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ), Private Cloud Networking & SDN/NFV Management (HDABABAK), Cloud-Native Development (Containers, Kubernetes, Microservices) (BPAEACAD)
Keywords
Where FutureOn is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
FutureOn business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- FieldTwin SaaS Subscription: Cloud-based SaaS platform access with FieldTwin PaaS (Platform as a Service) and FieldAP SaaS (Software as a Service) solutions. Customers pay subscription fees for authorized user access with tiered licensing (PRO Design, PRO, View). Payments charged on signup and renewal dates.
- Professional Services and Training: Platform setup, team enablement, training for project and operations teams, workflow optimization support, and best practices consulting
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | View - Free stakeholder access |
| Subscription | Annual | PRO - Model interaction and integration access |
| Subscription | Annual | PRO Design - Full field creation and editing access |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels8 records
FutureOn product offering
Product offeringCore offering
FutureOn develops and sells FieldTwin, an API-first, cloud-native digital twin platform for offshore energy infrastructure. The platform connects people, data, tools, and decisions across the full project lifecycle from concept through design, operation, and decommissioning for subsea oil & gas and offshore wind projects. It is offered as a PaaS/SaaS solution with tiered licensing and supplementary apps and partner integrations.
Product overview
FutureOn offers the FieldTwin platform, a unified digital twin solution for offshore energy projects spanning the full asset lifecycle from concept through operations to decommissioning. The core platform consists of five integrated modules: FieldTwin Design (field layout visualization and optimization), FieldTwin Operate (operational phase digital twin for subsea assets), FieldTwin Collaborate (secure team collaboration with role-based access), FieldTwin Workflow (task management from design reviews through operations), and FieldTwin Reporting (seabed to topside visualization and reporting). The platform connects to engineering, GIS, and operational data sources and is extensible through purpose-built FieldTwin Apps including Wind Farm Designer (offshore wind layout optimization using PyWake simulation), FieldTwin Intelligence (LLM-powered AI assistant with RAG), FieldTwin Vision (ROV inspection video processing), Crossing Detector, Span Estimator, Pipeline Wall Thickness Estimator, Context Hub, Documents Integration, Excel Integration, Well Assist, ValveTrack, and partner integrations including LedaFlow, OLGA, ESRI ArcGIS, iTwin Platform, and Cost Assist by Rystad Energy.
Differentiator
Problem solved
Functional benefit
Brands
- FieldTwin: Digital twin platform for offshore energy infrastructure design, visualization and operations - includes Design, Operate, Collaborate, Workflow, and Reporting modules
- FieldTwin Design
- FieldTwin Operate
- FieldTwin Collaborate
- FieldTwin Workflow
- FieldTwin Reporting
- FieldTwin Intelligence
- FieldTwin Vision
- LedaFlow
- Wind Farm Designer
Products and services
- FieldTwin Design Visualization and design tool for offshore energy field layouts, enabling multi-disciplinary engineering teams and operators to design, edit, and optimize field development in a shared digital space using real-world coordinates.
- FieldTwin Operate Digital twin module for the operational phase of offshore subsea assets that integrates engineering, inspection, and operational data into a single secure, geospatially-accurate visual workspace for ongoing asset management.
- FieldTwin Collaborate Collaboration module that enables secure, real-time, role-based sharing of field data and live project work between operators, EPCs, and supply chain partners.
- FieldTwin Workflow Workflow module that allows project teams to create, assign, and track tasks directly on field elements from design reviews through operations, with API access and prepopulated task libraries.
- FieldTwin Reporting Reporting module that delivers a single geospatial view of the entire field from seabed to topside, with Excel integration for automated report generation as a single source of truth.
- Wind Farm Designer Built-in FieldTwin app for designing and optimizing offshore and floating wind farm layouts, including customizable turbine spacing and orientation, AEP simulation with PyWake, and mooring line and shared anchor planning.
- FieldTwin Intelligence AI-powered project co-pilot built into FieldTwin that uses Large Language Models and Retrieval-Augmented Generation to provide a conversational interface over project data, documents, and training material, and can update the workspace directly from chat.
- FieldTwin Vision Built-in FieldTwin integration for ingesting, processing, and comparing ROV inspection videos and survey data, including OCR metadata extraction, survey path overlay, and side-by-side inspection comparison.
- Crossing Detector Built-in FieldTwin app that automatically detects all pipeline and cable crossings in a project, navigates to each crossing for inspection, and exports crossing data to CSV.
- Span Estimator Built-in FieldTwin app that identifies potential free spans along pipeline routes and calculates vertical deflection using structural engineering principles, comparing modified pipeline profiles against seabed topography.
- Pipeline Wall Thickness Estimator Built-in FieldTwin app that calculates required pipeline, riser, and jumper wall thickness using API RP 1111 or DNVGL OS-F101 guidelines, accounting for burst and collapse design load cases and transferring values to connection metadata.
- Context Hub Built-in FieldTwin integration that automatically links selected field components and connections to relevant web resources, third-party dashboards, and documentation based on configurable rules.
- Documents Integration Built-in FieldTwin integration that connects engineering documents, specifications, and reference materials from external document management systems (including Omega365 PIMS and Bentley ALIM) to specific field components.
- Excel Integration Built-in FieldTwin integration that generates comprehensive project reports by populating Excel spreadsheets with field asset properties and metadata, applying Excel formulas, and auto-updating reports as designs change.
Quantifiable outcome
- 70% reduction in planning time
- +4 more outcomes
Companies that use FutureOn
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles3 records
FutureOn technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration31 records
AI capability11 records
Feature8 records
FutureOn partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- LedaFlow (SLB)coreIntegration between FieldTwin and LedaFlow multiphase flow simulator enables users to create and test subsea designs coupled with flow assurance simulation. Users can export flow paths, run parametric studies, and view results directly in FieldTwin without rebuilding models.
- OLGA (SLB)coreIntegration with SLB OLGA flow simulator allows users to convert field layouts into complete flow paths, simulate oil and gas flow, and analyze results in geospatial context within FieldTwin.
- iTwin Platform (Bentley)coreTwo-way integration with Bentley's iTwin platform synchronizes network topology, 3D surfaces, assets, cost data, and metadata in real-time between FieldTwin and Bentley's digital twin ecosystem.
- Rystad EnergycoreCost Assist integration provides inflation-aware P50 CAPEX estimates directly from FieldTwin designs. Real-time cost calculations update when routes, tie-ins, and equipment change.
- ESRI ArcGIScoreSeamless GIS data integration enabling import of bathymetry, topography, and geospatial layers directly into FieldTwin projects with correct coordinates.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
FutureOn competitors and assessment
Company assessmentDirect peers
- AVEVA: AVEVA (now part of Schneider Electric) offers E3D Design, PI System, and CONNECT platform — a direct competitor portfolio for digital twin, asset visualization, and engineering data management across energy, marine, and process industries. Overlapping heavily with FutureOn's subsea oil & gas and offshore wind customer base.
- Hexagon PPM: Hexagon's PPM division (Intergraph) provides SmartPlant, CADWorx, and j5 for plant/offshore design and operations. Direct competitor for subsea/engineering design and digital twin workflows with deep penetration at the same large energy operators FutureOn serves.
- Bentley Systems: Bentley's iTwin platform is both an integration partner (via two-way API) and the most direct competitor for digital twin workflows in infrastructure. FutureOn's iTwin integration and FieldTwin Operate compete against Bentley's broader iTwin Capture / iTwin Experience portfolio in asset-heavy industries.
- Kongsberg Digital: Kongsberg Digital (KOGS, Vessel Insight, K-EYE) targets maritime, offshore energy, and renewable operators with digital twin and analytics. The most directly comparable niche competitor for offshore asset digitalization, particularly strong in the Norwegian/North Sea overlap with FutureOn.
Broad incumbents
- Siemens Xcelerator / MindSphere: Siemens' Xcelerator / Teamcenter / MindSphere serve industrial digital twin and asset operations at scale. Broad incumbent across energy, manufacturing, and infrastructure that competes for enterprise digital twin budgets with established references.
- Dassault Systèmes (3DEXPERIENCE): Dassault's 3DEXPERIENCE platform competes in engineering digital twin and PLM broadly, with energy industry penetration via ENOVIA and SIMULIA. Broader scope than FieldTwin but offers comparable capabilities to large enterprise engineering teams.
- SLB (Schlumberger): SLB's OLGA/LedaFlow flow simulation tools are core integration partners for FutureOn, but SLB's broader Delfi digital platform and Schlumberger Software portfolio compete for upstream digital transformation spend at the same IOCs. A critical partner-cooperator and potential competitor.
Emerging players
- 4Subsea: 4Subsea's ValveTrack integration feeds real-time valve data into FieldTwin. As a niche sensor-data and monitoring provider serving the same subsea operators, 4Subsea is comparable as an emerging player expanding data-driven services around subsea assets.
Others
- Esri ArcGIS: Esri's ArcGIS is a major integration partner for geospatial/bathymetry data into FieldTwin, but Esri's broader Indoors / ArcGIS platform capabilities in 3D and digital twin create an adjacent offering some energy customers may evaluate as a substitute or complement.
- Wood Group (Wood): Wood is both a FutureOn customer (consulting/engineering) and an emerging internal digital capability builder. Long-running energy consulting relationship gives insight into EPC digital transformation but also positions Wood as a potential adjacent competitor or partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
FutureOn social profiles
Digital presenceFutureOn compliance and trust
Trust signalCompliance9 records
FutureOn financial estimates
Financial estimateRevenue estimate
Valuation estimate
FutureOn leadership team
Management profileNumber of profiles
Profiles6 records
FutureOn funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FutureOn M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FutureOn
What does FutureOn do?
FutureOn develops and sells FieldTwin, an API-first, cloud-native digital twin platform for offshore energy infrastructure. The platform connects people, data, tools, and decisions across the full project lifecycle from concept through design, operation, and decommissioning for subsea oil & gas and offshore wind projects. It is offered as a PaaS/SaaS solution with tiered licensing and supplementary apps and partner integrations.
Is FutureOn a public or private company?
FutureOn is a private company. It is classified as venture growth investor backed and is currently operating.
When was FutureOn founded?
FutureOn was founded in 2016. It employs 11 to 50 people.
Where is FutureOn based?
FutureOn is headquartered in Houston, United States, in the North America region.
How does FutureOn make money?
Two revenue lines are on record. FieldTwin SaaS Subscription is the primary driver. The others are professional Services and Training.
Who are FutureOn's main competitors?
Direct peers on record are AVEVA, Hexagon PPM, Bentley Systems and Kongsberg Digital. Broad incumbents are Siemens Xcelerator / MindSphere, Dassault Systèmes (3DEXPERIENCE) and SLB (Schlumberger). 4Subsea is listed as an emerging player. Others are Esri ArcGIS and Wood Group (Wood).
Does FutureOn have an API?
Yes. FutureOn offers an API-first platform with FieldTwin REST API. The API enables integrations by allowing reading/writing of business objects. As an open, API-first platform, FieldTwin is designed for integrations. Developers can access public API documentation and GitHub repository to explore existing integrations or build their own. Authentication implemented via tokens, OAuth2, and JWT. Documentation available through FieldTwin Developer portal and GitHub repository (XvisionAS/FieldTwin-Integration-Demo). Supports OpenAPI/Swagger documentation format. Developer documentation is at developer.fieldtwin.com.
What industry is FutureOn in?
FutureOn's product category is Digital Twin Software. Its primary akta.pro industry code is EUAMACAB, Offshore Wind Project Development & Leasing, with a secondary code of EUAEAAAF, Wind Power Plant EPC (Onshore/Offshore). Its NAICS code is 518 and its SIC code is 1389.