R2 Solutions
R2 Solutions is a Calgary-based IT and engineering services firm that builds RTOP, an ML-driven SaaS analytics platform, and delivers engineering consulting and custom software to resource-industry operators and adjacent verticals.
- Company typePrivate
- Founded1992
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What R2 Solutions does
R2 Solutions is a privately held Canadian IT and engineering services firm headquartered in Calgary, Alberta with a secondary office in Ottawa. Founded in 1992 as the Leviathan Group and incorporated in its current form in 2010, the company employs approximately 20 highly experienced consultants supplemented by on-demand contractors, delivering economic and engineering analysis, modeling and simulation, systems integration, data analytics, custom software development, and legacy system modernization. Its primary market is the resource industry, with particular depth in oil and gas (reserves optimization, blend optimization, ESP maintenance, petroleum economics, SCADA integration), and it has expanded into healthcare, utilities, financial services, and post-secondary education.
The company's central product is RTOP (R2 Optimization Platform), an ML-driven, AI-enabled SaaS analytics platform that has been deployed in production for over 10 years and is credited with generating over $330M in revenue for clients. RTOP is built around a Plan-Integrate-Analyze-Monitor workflow, ships with over 50 pre-built data ingestion plugins, and exposes its outputs through integrations with major engineering and visualization tools including OSI PI, IP21, HYSYS, SubPUMP, Merak, PEEP, OLGA, FieldView/Avocet, Leda Flow, PipePhase, AnyLogic, Tableau, Spotfire, Excel, R, and Python. It supports predictive analytics, anomaly detection, operational optimization, sustainability and compliance monitoring, and real-time IoT-driven digital monitoring.
R2 operates a consultative, sales-led go-to-market motion targeting enterprise and mid-market clients, with no public pricing, no self-serve or PLG channel, and no paid marketing programs. The firm holds an active APEGA (Association of Professional Engineers and Geoscientists of Alberta) permit, which authorizes it to deliver professional engineering services in Alberta and acts as a regulatory credential in its primary market. Revenue is generated through a combination of RTOP SaaS subscriptions (bundled with ROI, change management, and integration services) and project-based engineering consulting and custom software development work.
R2 Solutions firmographics
Firmographics- Name
- R2 Solutions
- Legal name
- R2 Solutions
- Website
- https://r2-solutions.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- R2 Solutions is a Calgary-based IT and engineering services firm that builds RTOP, an ML-driven SaaS analytics platform, and delivers engineering consulting and custom software to resource-industry operators and adjacent verticals.
- Ownership category
- akta.pro rank
R2 Solutions industry classification
Industry- Product category
- Industrial Analytics Software
- NAICS
- Computer Systems Design Services (541512)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Robotic Process Automation (RPA) Platforms (HDAEAHAB)
Keywords
Where R2 Solutions is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
R2 Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- RTOP SaaS Subscription: Recurring SaaS revenue from the RTOP analytics platform, sold via demo-led enterprise engagements with ROI, change management, and integration services bundled in.
- Engineering Consulting & Analysis Services: Project-based professional services revenue from economic & engineering analysis, modeling & simulation, reserves/blend/ESP/SCADA consulting for oil & gas and other resource-sector clients.
- Custom Software Development & Legacy Modernization: Project-based revenue from new product development, mobile/web/desktop application development, and renovation or redevelopment of legacy systems, with rigorous testing that meets or beats industry standards.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based enterprise pricing initiated through sales contact and demo booking |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
R2 Solutions product offering
Product offeringCore offering
R2 Solutions delivers IT and engineering services for the resource industry, anchored by RTOP (R2 Optimization Platform), an AI-enabled, ML-driven SaaS analytics tool used for over 10 years to support production optimization, predictive maintenance, anomaly detection, and operational excellence. The company supplements the platform with engineering consulting (economic & engineering analysis, modeling & simulation), software development and legacy-system renovation services, and integration work across mobile, cloud, web, and desktop environments.
Product overview
R2 Solutions operates a platform-plus-services architecture centered on RTOP (R2 Optimization Platform), its AI-enabled ML-driven SaaS analytics product that has been in production use for over 10 years. RTOP is the analytical core that powers the company's Simulation/Analytics Services, while the broader offering is rounded out by Engineering Services (economic and engineering analysis, modeling and simulation, systems integration, data analytics, product development, and business solutions for the resource industry) and Software Services (commercial-grade new product development, legacy-system renovation, system integration, and mobile/cloud/web/desktop application development). Together, RTOP provides the data ingestion, predictive analytics, optimization, monitoring, and ROI-tracking backbone, and the engineering and software services practices deliver the consulting, integration, and custom-build work that connects RTOP into clients' existing technology investments.
Differentiator
Problem solved
Functional benefit
Brands
- RTOP (R2 Optimization Platform): An ML/AI-driven SaaS analytics platform used for over 10 years, integrating predictive analytics, ROI and change management, operational excellence, sustainability and compliance, and digital monitoring and optimization.
Products and services
- RTOP (R2 Optimization Platform) RTOP is R2 Solutions' proprietary AI-enabled, ML-driven SaaS analytics platform that ingests operational data via 50+ pre-built plugins and exports to Excel, R, Python, Tableau, and Spotfire. It supports a Plan-Integrate-Analyze-Monitor workflow for predictive analytics, anomaly detection, operational optimization, sustainability/compliance monitoring, and real-time digital monitoring in resource-industry operations.
- Engineering Services Consulting and engineering services covering economic & engineering analysis, modeling & simulation, systems integration, data analytics, product development, and business solutions for the resource industry. Specialties include reserves optimization, blend optimization, ESP maintenance/planning, petroleum economics, mine plan optimization, fleet optimization, and production optimization.
- Software Services (Commercial-Grade Software Development & Renovation) Full-lifecycle software services including new product development, legacy-system renovation, system integration, mobile application development, and oilfield software rollouts across mobile, cloud, web, and desktop environments, with rigorous testing that meets or beats industry standards.
- Simulation / Analytics Services Simulation and analytics services that leverage the RTOP platform to deliver ROI and change management, operational excellence, sustainability and compliance, and digital monitoring and optimization engagements for resource-industry clients, with on-call engineering expertise across tools such as HYSYS, SubPUMP, OLGA, AnyLogic, OSI PI, and IP21.
Quantifiable outcome
- Over $330M in new revenue generated for RTOP clients worldwide
- +3 more outcomes
Companies that use R2 Solutions
Customer profileSegments5 records
Ideal customer profiles2 records
R2 Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability5 records
Feature6 records
R2 Solutions partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and supporting.
- OSIsoft (OSI PI)coreR2 Solutions integrates with OSIsoft PI (and IP21) as part of its SCADA, data ingestion, and analytics offering for resource-industry clients. Integration with PI/IP21 is listed as a core engineering capability supporting production optimization, equipment monitoring, and predictive dashboards via the RTOP platform.
- AVEVA (IP21 / HYSYS / SubPUMP / Merak / PEEP / OLGA)coreR2 Solutions' engineering team has developed, maintained, and consulted with tools such as HYSYS, SubPUMP, Merak, PEEP, OLGA, and IP21 to deliver reserves, blend, ESP, petroleum-economics, and SCADA work for clients. These tools are integrated with R2's analytics workflows to deliver results on existing client technology investments.
- Petroleum Experts (IPM / FieldView / Avocet / Leda Flow / PipePhase)coreR2's engineering team has developed, maintained, and consulted with Petroleum Experts tools including FieldView/Avocet, Leda Flow, and PipePhase to deliver production and pipeline optimization outcomes for resource-industry clients.
- AnyLogiccoreAnyLogic is used by R2 Solutions engineers for modeling and simulation work. Integration with AnyLogic allows R2 to deliver simulation-led consulting for clients' existing technology stacks in the resource industry.
- Salesforce (Tableau)coreThe RTOP platform supports real-time monitoring dashboards that leverage Tableau (alongside Spotfire or custom dashboards) to visualize the impact of operational decisions as they happen.
- TIBCO (Spotfire)coreRTOP integrates with Spotfire (alongside Tableau or custom dashboards) to provide real-time, holistic views into business operations for resource-industry clients.
- Microsoft (Excel)supportingRTOP's simulation and analysis tools export to Excel, enabling clients to leverage existing analytics workflows with no extra training costs and to derive benefits from data on day one.
- R / Python ecosystemsupportingRTOP's analysis tools export to R and Python, allowing data scientists and engineers to continue using familiar tooling for downstream analytics on RTOP outputs.
- LinkedInsupportingLinkedIn is the only social media channel surfaced on the R2 Solutions website for contacting the company (linkedin.com/company/1745239/) and functions as a brand presence and lead-generation channel rather than a product integration.
- Zoho (Forms)supportingR2 Solutions uses Zoho Forms to power its 'Get Started' / Contact Us form on the homepage, supporting lead capture and routing to [email protected].
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
R2 Solutions competitors and assessment
Company assessmentBroad incumbents
- Baker Hughes: Oilfield services and industrial energy technology company with a digital solutions portfolio (BHC3, Predix-era assets) covering production, asset performance, and ESG analytics. Comparable buyer overlap with R2 in oil & gas operators' IT and digital transformation spend.
- Aspen Technology: Established process optimization and asset performance software vendor serving refining, chemicals, and oil & gas. Comparable to R2's RTOP on optimization, predictive analytics, and asset reliability use cases, but at significantly larger scale and broader scope.
- Schlumberger (SLB): Largest oilfield services company with a significant digital division (DELFI, Schlumberger Software) targeting production optimization, drilling analytics, and reservoir management. Competes with R2 for the same upstream digital transformation budgets but at vastly larger scale.
- Hexagon AB: Global industrial software and asset management vendor (HxGN, PPM, j5) serving mining, oil & gas, and utilities. Comparable to R2 on operational excellence, asset reliability, and resource-industry analytics, but at much broader scale across multiple verticals.
- Palantir Technologies: Data and AI operating system widely adopted by oil & gas majors and resource-industry operators. Comparable to R2 because Palantir's Foundry platform competes for the same data-ingestion-to-decision-support workflow that RTOP delivers for production optimization and ESG monitoring.
Emerging players
- Uptake Technologies: Industrial AI and asset performance management platform serving energy, rail, and heavy industry. Comparable to R2's RTOP on predictive analytics for industrial equipment and operations, but operates with a horizontal platform rather than R2's vertical engineering depth.
- SparkCognition: Industrial AI vendor with predictive maintenance, anomaly detection, and asset optimization offerings for oil & gas, energy, and manufacturing. Comparable to RTOP on AI capability mix, though SparkCognition is larger, more venture-backed, and targets a broader customer base.
Direct peers
- AVEVA: Industrial software vendor whose engineering tools (HYSYS, SubPUMP, OLGA, IP21) are core to R2's integration ecosystem. Highly comparable because AVEVA (now combined with OSIsoft PI) sells process optimization and industrial analytics to the same oil & gas and resource-industry buyer.
- C3.ai: Enterprise AI SaaS platform with explicit oil & gas, manufacturing, and resource-industry vertical applications. Closely comparable to R2's RTOP because both sell ML-driven predictive analytics, anomaly detection, and operational optimization to resource-industry operators as subscription SaaS.
- OSIsoft (now part of AVEVA): PI System is the SCADA/historical data backbone R2 integrates with for resource-industry analytics. Directly comparable as the canonical time-series data layer that RTOP's ingestion plugins and dashboards plug into.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
R2 Solutions social profiles
Digital presenceR2 Solutions compliance and trust
Trust signalCompliance1 record
R2 Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
R2 Solutions leadership team
Management profileNumber of profiles
R2 Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
R2 Solutions 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 R2 Solutions
What does R2 Solutions do?
R2 Solutions delivers IT and engineering services for the resource industry, anchored by RTOP (R2 Optimization Platform), an AI-enabled, ML-driven SaaS analytics tool used for over 10 years to support production optimization, predictive maintenance, anomaly detection, and operational excellence. The company supplements the platform with engineering consulting (economic & engineering analysis, modeling & simulation), software development and legacy-system renovation services, and integration work across mobile, cloud, web, and desktop environments.
Is R2 Solutions a public or private company?
R2 Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was R2 Solutions founded?
R2 Solutions was founded in 1992. It employs 11 to 50 people.
Where is R2 Solutions based?
R2 Solutions is headquartered in Calgary, Canada, in the North America region.
How does R2 Solutions make money?
Three revenue lines are on record. RTOP SaaS Subscription is the primary driver. The others are engineering Consulting & Analysis Services and custom Software Development & Legacy Modernization.
Who are R2 Solutions's main competitors?
Broad incumbents on record are Baker Hughes, Aspen Technology, Schlumberger (SLB), Hexagon AB and Palantir Technologies. Emerging players are Uptake Technologies and SparkCognition. Direct peers are AVEVA, C3.ai and OSIsoft (now part of AVEVA).
Does R2 Solutions have an API?
No public API is recorded for R2 Solutions.
What industry is R2 Solutions in?
R2 Solutions's product category is Industrial Analytics Software. Its primary akta.pro industry code is HDAEAHAB, Robotic Process Automation (RPA) Platforms. Its NAICS code is 541512 and its SIC code is 7373.