Leading AI company adds veteran O&G and industrial control leadership to scale growth
HOUSTON–(BUSINESS WIRE)–#AI–Ambyint, the leader in AI-powered artificial lift and production optimization, announced today the addition of David Zahn to its executive leadership team as chief operating officer. David is a veteran technology executive with more than 27 years of software and services experience working in start-up and high growth companies – the last 10 years within industrial control and oil & gas industries.
“Ambyint goes beyond typical production optimization solutions by automating recommendations and updates to the control systems that manage oil & gas production,” says David Zahn, Ambyint COO. “This closed loop approach to increasing production and reducing operating expenses has driven significant bottom line improvements for operators across all major North American basins. With Ambyint’s track record of customer success and an already strong leadership team, the decision to join the company and help scale it into next year and beyond was an easy one.”
David brings to Ambyint a strong background in marketing, operations, and product development. He has held related leadership positions at companies such as Electronic Data Systems, garden.com (IPO in 1999), BroadJump (acquisition in 2003), and Motive (IPO in 2004). Most recently, David was CMO and GM of the Cybersecurity Division at PAS, VP of Marketing at FuelQuest (acquisition in 2014), and COO at Consero Global Solutions.
“Ambyint is poised for significant growth this year and has increased its headcount by 54% over the last year. We are adding E&P customers each quarter and have recently taken new office space in Houston in response to our rapid growth,” says Alex Robart, Ambyint CEO. “The addition of David to our management team brings veteran leadership that will expand our solutions to other markets and continue to drive value to our customers.”
Ambyint provides an artificial lift automation and optimization solution that helps engineering and operations teams scale production using artificial intelligence and machine learning. We deliver value to our E&P customers by increasing well production up to 5%, reducing operating expenses up to 20%, and lowering failure rates up to 50%. Ambyint’s best-in-class, physics-based AI products are deployed globally including all major North American basins. For more information, please visit www.ambyint.com.