Rigsmart Systems

What Rigsmart Systems does

Rigsmart Systems manufactures wireless safety and data acquisition systems for drilling rigs, workover rigs, and snubbing units serving the oil and gas industry. Founded in 2006 and headquartered in Edmonton, Alberta, the company has deployed over 1,000 systems globally across onshore, offshore, arctic, and desert environments. Its product portfolio comprises Safety Systems (customized wireless sensors, alarms, braking, and lockout systems), OnSite (real-time on-site data analysis and pipe tally software), AllSight (cloud-based performance monitoring and reporting), and Connect (Modbus and RESTful API data access). An upcoming Electronic Drilling Recorder (EDR) product extends the platform toward drilling measurement functionality.

The company's revenue model combines one-time equipment sales (or purchase as revenue-generating assets) with recurring service contracts (24/7 field technician support, calibration, maintenance) and recurring cloud data subscriptions through AllSight. Distribution is direct sales-led to enterprise drilling contractors and mid-market well service operators, supplemented by a customer portal (das.rigsmart.com) and the Connect API for third-party integrations. The company holds a suite of industry certifications including API, ASME, UL, ANSI, CSA, FCC, OSHA, and CAODC, supporting credibility with major oil and gas operators.

In 2026, Rigsmart Systems was acquired by NOV (National Oilwell Varco) and integrated into NOV Digital Services alongside its sister company Cranesmart Systems. The company maintains its Edmonton headquarters and continues to operate under the Rigsmart brand with global field service capability.

Name

Rigsmart Systems

Legal name

Rigsmart Systems

Website

https://rigsmart.com

Company type

Private

Founded year

2006

Operating status

Acquired

Headcount range

51–100 employees

Short description

Rigsmart Systems manufactures wireless safety and data acquisition systems for drilling, workover, and snubbing rigs serving oil and gas operators. Founded 2006 in Edmonton, the company has deployed over 1,000 systems globally and is now a subsidiary of NOV Digital Services.

Ownership category

akta.pro rank

Product category

Rig Safety Monitoring Systems

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Drilling & Workover Rigs (Land & Offshore) (EUALABAA)

akta.pro secondary industries

Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Serial/Fieldbus-to-Ethernet Device Connectivity (Device Servers/Protocol Gateways) (HDAFAJAF)

Keywords

• Wireless rig safety
• Drilling data acquisition
• Oilfield monitoring systems
• Workover rig sensors
• Rig cloud analytics

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Equipment Sales/Rental: Sale or rental of wireless safety and data acquisition systems for drilling, workover, and snubbing rigs. Systems can be purchased as revenue-generating assets rather than rented.
2. 24/7 Service and Support: Technical support services including equipment calibration, battery replacement, troubleshooting, and on-site technician mobilization available 24 hours a day, 7 days a week
3. Cloud Data Services: AllSight cloud platform providing real-time monitoring, performance insights, reports, and notifications from all connected systems

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Rigsmart Systems manufactures wireless safety and data acquisition systems for drilling rigs, workover rigs, and snubbing units. The integrated product line pairs rugged wireless safety hardware with the OnSite on-site monitoring software, the AllSight cloud analytics platform, and the Connect API/Modbus integration layer for connecting rig data with customer and third-party systems.

Product overview

Rigsmart Systems offers a modular wireless safety and data acquisition platform for drilling and workover rigs. The portfolio includes Safety Systems (alarms, braking, lockout sensors), OnSite (real-time on-site data monitoring), AllSight (cloud-based analytics and monitoring), and Connect (API and Modbus data access). All products utilize wireless sensor technology designed to minimize rig-up/rig-down effort and enable quick installation and troubleshooting. The company also has an upcoming Electronic Drilling Recorder (EDR) product in development. All systems are customizable to rig specifications and operational needs, with over 1000 installations globally.

Differentiator

Problem solved

Functional benefit

Brands

• OnSite: Analyze sensor data, keep a pipe tally and log events in real time. OnSite provides all the tools needed on a worksite.
• AllSight
• Connect

Products and services

• Safety Systems Wireless safety sensors and data acquisition systems for drilling rigs, workover rigs, and snubbing units, offered via equipment sales/rental and supported by 24/7 field service and technical support.
• OnSite On-site monitoring software that provides real-time visualization and analysis of rig safety and operational data at the well site.
• AllSight Cloud-based analytics platform that aggregates rig safety and performance data for drilling operations.
• Connect API and Modbus integration layer that exposes rig data to other operational, business, and third-party systems.

Quantifiable outcome

• Over 1000 installations across the globe demonstrating proven reliability and industry trust
• +1 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

One partnership is on record.

• Cranesmart SystemscoreOthersCranesmart Systems operates as a sister company to Rigsmart Systems under the same corporate umbrella. Both companies specialize in wireless safety and data acquisition solutions for the energy industry, with Cranesmart focused on crane operations while Rigsmart serves drilling and workover applications.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Halliburton: Major OFS company offering drilling digital solutions (iCruise, DrillingX), formation evaluation, and rig instrumentation. Overlaps with Rigsmart's safety and data acquisition value proposition as part of a broader services bundle.
• Weatherford International: Oilfield equipment and services provider with drilling, completions, and digital offerings. Competes in rig instrumentation and data acquisition where Rigsmart positions its Safety Systems and OnSite tools.
• NOV (National Oilwell Varco): Rigsmart's parent and a global oilfield equipment OEM with a broad drilling, completion, and digital portfolio (including NOVOS, MaxRig, and other digital offerings). Comparable as the wider platform into which Rigsmart is now integrated.
• Schlumberger (SLB): Global oilfield services leader with the DrillOps, Sigma, and broader DELFI digital E&P platform. Competes with Rigsmart at the digital/analytics layer for drilling and workover operations worldwide.

Direct peers

• Pason Systems: Calgary-based provider of drilling data acquisition systems, instrumentation, and analytics for land rigs. The most direct competitor in rig-floor data acquisition and the most relevant peer for Rigsmart's Safety Systems, OnSite, and AllSight offerings.
• Cranesmart Systems: Sister company operating under the same corporate umbrella and now also part of NOV Digital Services. Provides wireless safety and data acquisition for crane operations — a closely analogous product architecture serving adjacent worksite equipment.

Regional players

• Helmerich & Payne: U.S. land-drilling contractor that has developed its own FlexRig automation and rig data platform. Comparable not as a vendor but as an in-house buyer/builder of drilling safety and data acquisition technology that competes for the same contractor wallet.

Emerging players

• Kongsberg Digital: Division of Kongsberg Group providing digital solutions for energy and maritime, including drilling and well operations applications. Comparable as a vendor of digital/data services to drilling operators.
• Canrig (Nabors Industries): Nabors' rig technology subsidiary delivering drilling performance software, automation, and rig instrumentation. Comparable as a rig-focused digital/automation vendor targeting the same drilling contractor buyer.
• eDrilling: Norwegian software company providing drilling simulation, real-time drilling analytics, and digital twin solutions for rig operations. Comparable at the drilling-data and analytics layer adjacent to Rigsmart's AllSight cloud.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/rigsmartinc

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rigsmart Systems