Elementz
Elementz is an Aberdeen-based SaaS subsidiary of Aize (Aker-backed) selling Integrity Elementz, a modular cloud platform for subsea asset integrity, inspection and anomaly management, to enterprise operators and service companies in oil & gas, renewables, telecoms, power and defence.
- Company typePrivate
- Founded2024
- HeadquartersAberdeen, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Elementz does
Elementz Limited is a UK-based SaaS company, launched in June 2024 as a subsidiary of Aize (an Aker-backed industrial software firm), that provides Integrity Elementz — a modular, cloud-based platform for subsea asset integrity and inspection management. The software covers the full integrity lifecycle (planning, execution, anomaly management, reporting) across subsea assets, pipelines, hulls, structures, power cables, telecoms cables and defence infrastructure, and is sold on a subscription basis to enterprise operators and subsea service companies in oil & gas, renewables, telecoms, power & utilities and defence. Distribution is direct enterprise sales supported by an open API integration layer (Integration Elementz), an operator-led Strategic Customer Advisory Board (Compass), and a subsea AI accelerator programme (Tide Breaker) co-led with The Data Lab.
The platform inherits 37+ years of subsea integrity domain expertise from Coabis, originally developed within the Aker Solutions ecosystem in 1987, and is hosted on Microsoft Azure across three regions (Europe, Asia-Pacific, North America). Revenue is generated through multi-year SaaS subscriptions supplemented by professional services for onboarding, configuration, training and ongoing Customer/Operational Care. The reported customer base includes OKEA, Fugro, DOF Subsea and a major Australian energy company, with the platform managing 1,150 subsea assets, 2,300 linear assets and 1,500 trained users across twelve countries.
The commercial GTM is consultative and demo-led, anchored by a dedicated commercial team (CCO Sue Stevens, CGO Lewis Yim) and amplified through industry conferences, case studies, the Subsea Sync newsletter, LinkedIn and YouTube. For FY2025 (the first full calendar year of trading), the company disclosed turnover above £3M. Strategic priorities through 2026 include geographic expansion into Australia, Canada and Africa, vertical expansion into renewables and defence, and the operationalisation of AI capabilities (anomaly detection, autonomous agents via Tide Breaker) on top of the centralised integrity data layer.
Elementz firmographics
Firmographics- Name
- Elementz
- Legal name
- Elementz Limited
- Website
- https://elementz.digital
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Elementz is an Aberdeen-based SaaS subsidiary of Aize (Aker-backed) selling Integrity Elementz, a modular cloud platform for subsea asset integrity, inspection and anomaly management, to enterprise operators and service companies in oil & gas, renewables, telecoms, power and defence.
- Ownership category
- akta.pro rank
Elementz industry classification
Industry- Product category
- Subsea Asset Integrity Management Software
- NAICS
- Custom Computer Programming Services (541511), Testing Laboratories and Services (54138)
- akta.pro primary industry
- Performance Testing & Acceptance/Condition Assessments (Baseline, Post-Repair) (EUAEAKAK)
Keywords
Where Elementz is headquartered
LocationHeadquarters
- HQ city
- Aberdeen
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Elementz business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscriptions: Modular, cloud-based Software-as-a-Service (SaaS) subscription model for Integrity Elementz. Customers subscribe to the platform providing asset integrity and inspection management capabilities. Configured and scalable based on customer portfolio size and operational scope.
- Customer Operations & Support Services: Dedicated Customer Operations team provides daily assistance via Service Desk, direct support for data onboarding, configurations, and mobilisations. Training sessions offered as part of onboarding and monthly for individuals and support providers. Tailored Enterprise Care options covering Customer Care and Operational Care for ongoing mobilisations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | SaaS platform subscription — no public pricing tiers |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels8 records
Elementz product offering
Product offeringCore offering
Elementz sells Integrity Elementz, a modular, cloud-based SaaS suite for subsea inspection and asset integrity management. It provides an end-to-end framework for planning, executing, analysing, and optimising the full integrity cycle across subsea assets, structures, umbilicals, risers, flowlines, pipelines, subsea power cables, telecoms cables, and defence infrastructure. Customers subscribe to the platform and receive implementation, configuration, and ongoing support services from Elementz's Customer Operations team.
Product overview
Elementz offers Integrity Elementz as its core platform - a modular, cloud-based suite of applications for subsea integrity and asset management. The platform consists of Foundation Elementz Core for subsea assets and structures, Foundation Elementz Linear for pipelines and cables, and Integration Elementz for connecting with enterprise systems. The Blue Digital Ecosystem connects Integrity Elementz with Tide Breaker (AI accelerator programme) and Compass (strategic advisory board) to enable co-creation with operators and integration of AI capabilities. The offering spans from inspection data capture through to analytics, anomaly management, and reporting across oil & gas, renewables, telecommunications, power, and defence sectors.
Differentiator
Problem solved
Functional benefit
Brands
- Integrity Elementz: Next-generation suite of modular, cloud-based applications designed specifically for subsea integrity and digital asset management. Covers subsea assets, pipelines, hulls, structures, power cables, telecoms and defence infrastructure.
- Compass
- Tide Breaker
- The Blue Digital Ecosystem
Products and services
- Integrity Elementz Next-generation suite of modular, cloud-based applications designed specifically for subsea integrity and digital asset management. Provides a complete end-to-end framework for planning, executing, analysing, and optimising the full integrity cycle across subsea assets, pipelines, hulls, structures, umbilicals, risers, flowlines, subsea power cables, telecoms cables, and defence infrastructure. Sold to enterprise operators via multi-year SaaS subscriptions.
Quantifiable outcome
- 30% less effort, 25% more capacity, and 40%+ lower costs across the full integrity cycle
- +4 more outcomes
Companies that use Elementz
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Elementz technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability6 records
Feature12 records
Elementz partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Compass OperatorscoreCompass is Elementz's Strategic Customer Advisory Board bringing together leading energy operators to validate priorities, shape the roadmap, and ensure the platform continuously evolves in line with operational need. Members help define the platform they use, validating roadmap and actively supporting structured AI adoption using Elementz as the foundation. Aker BP participates as VP Subsea Camilla Leon on Elementz's Board.
- The Data LabcoreThe Data Lab, Scotland's innovation centre for data and AI, co-leads the Tide Breaker programme with Elementz. Supports technical delivery, participant selection, and programme governance. Also supports Tide Breaker with connections into the region's wider entrepreneurial ecosystem.
- ONE Digital TechminorONE Digital Tech supports the Tide Breaker programme, helping ensure the programme drives impact at scale by connecting into the region's wider entrepreneurial ecosystem.
- AizecoreElementz is a subsidiary of Aize, the global leader in digital twin technology, established by Aker in 2020. Elementz is the culmination of 35+ years of subsea integrity expertise combined with Aize's cutting-edge software delivery. Aize provides the digital twin platform that connects integrity data with the wider asset environment, presenting it within an intuitive 3D workspace.
- Tide Breaker Ecosystem PartnerscoreTide Breaker is the structured entry point into the Elementz Blue Digital Ecosystem for innovators and technology partners — from start-ups to established vendors and AI providers. Partners enter via Tide Breaker, building on the Elementz platform before graduating into a permanent marketplace presence. Once in, partners are part of a permanent ecosystem shaped around operational realities of offshore infrastructure.
- AREG (Aberdeen Renewable Energy Group)minorElementz partnered with AREG (Aberdeen Renewable Energy Group) to drive sustainability and deliver renewable asset integrity through innovative subsea solutions. AREG has worked since 2003 to establish Aberdeen as a key player in the global renewable energy sector. The partnership supports Elementz's expansion from traditional energy into renewables.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Elementz competitors and assessment
Company assessmentEmerging players
- Cognite: Cognite is a Norwegian industrial data and AI platform serving energy operators, directly competitive with Elementz's industrial software positioning and operating in the same Nordic/Aker ecosystem. It overlaps with Elementz's Blue Digital Ecosystem vision of connecting OT/IT data for asset decisions.
- Akselos: Akselos provides physics-based structural integrity software for critical energy assets, including offshore infrastructure. Comparable as an emerging digital integrity vendor focused on asset integrity and risk-based inspection for similar industrial customers.
Broad incumbents
- Aspen Technology: AspenTech provides asset performance management and reliability software for process and energy operators. Relevant as a broad incumbent in reliability and integrity analytics with overlapping use cases in anomaly management and predictive maintenance.
- Bentley Systems: Bentley Systems provides infrastructure engineering and asset performance software, including digital twin and inspection-related functionality used by offshore operators. Comparable as a broad incumbent in asset lifecycle software but not subsea-specialized.
- AVEVA Group: AVEVA is a global industrial software incumbent offering asset performance, integrity management, and EAM modules that overlap with Elementz's subsea integrity workflows. It serves many of the same heavy-industry and energy operators, but as part of a much broader portfolio rather than a subsea-specialist.
- Hexagon (Asset Lifecycle Intelligence): Hexagon's Asset Lifecycle Intelligence division offers EAM, integrity, and inspection software for industrial and energy customers. Overlaps with Elementz's inspection, anomaly, and reporting workflows but as part of a broad multi-vertical portfolio.
- Lloyd's Register: Lloyd's Register provides digital asset integrity, inspection, and certification services for offshore and industrial operators. Comparable as an established integrity-domain incumbent moving into software-enabled asset management.
- DNV (Digital Solutions): DNV combines classification, advisory, and digital asset integrity services for offshore energy operators. Comparable as an established integrity domain player, though more service-heavy than Elementz's pure SaaS model.
- IBM Maximo Application Suite: IBM Maximo is a leading enterprise asset management platform used by large energy operators for work orders, inspections, and asset maintenance. Comparable as the dominant incumbent EAM suite that Elementz positions against via its subsea-specialized workflows.
- IFS (Industrial Solutions): IFS offers enterprise asset management and field service management software used by energy, utilities, and defense customers. Comparable as a broad EAM incumbent that competes for the same enterprise integrity and asset management wallet share.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Elementz social profiles
Digital presenceElementz compliance and trust
Trust signalCompliance1 record
Elementz financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elementz leadership team
Management profileNumber of profiles
Profiles19 records
Elementz funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elementz 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 Elementz
What does Elementz do?
Elementz sells Integrity Elementz, a modular, cloud-based SaaS suite for subsea inspection and asset integrity management. It provides an end-to-end framework for planning, executing, analysing, and optimising the full integrity cycle across subsea assets, structures, umbilicals, risers, flowlines, pipelines, subsea power cables, telecoms cables, and defence infrastructure. Customers subscribe to the platform and receive implementation, configuration, and ongoing support services from Elementz's Customer Operations team.
Is Elementz a public or private company?
Elementz is a private company. It is classified as corporate owned and is currently operating.
When was Elementz founded?
Elementz was founded in 2024. It employs 11 to 50 people.
Where is Elementz based?
Elementz is headquartered in Aberdeen, United Kingdom, in the Europe region.
How does Elementz make money?
Two revenue lines are on record. SaaS Subscriptions are the primary driver. The others are customer Operations & Support Services.
Who are Elementz's main competitors?
Emerging players on record are Cognite and Akselos. Broad incumbents are Aspen Technology, Bentley Systems, AVEVA Group, Hexagon (Asset Lifecycle Intelligence), Lloyd's Register, DNV (Digital Solutions), IBM Maximo Application Suite and IFS (Industrial Solutions).
Does Elementz have an API?
Yes. Full, modern, open API suite enabling seamless communication with enterprise systems, digital twin platforms, AI tools, and emerging inspection technologies. Supports developer-ready documentation via Developer Portal for rapid integration, standardised low-configuration integrations, and third-party plug-ins for partners to build interoperable solutions. Developer documentation is at support.portal.elementz.digital/servicedesk/customer/portal/5/article/69861548.
What industry is Elementz in?
Elementz's product category is Subsea Asset Integrity Management Software. Its primary akta.pro industry code is EUAEAKAK, Performance Testing & Acceptance/Condition Assessments (Baseline, Post-Repair). Its NAICS code is 541511.