Urbint's Strategic Acquisition of Competers Enhances Damage Prevention Across North America
In a significant move to bolster its damage prevention capabilities, Urbint, a prominent AI-driven platform, has announced its acquisition of Competers. This strategic acquisition aims to enhance the services Urbint offers to its extensive customer base, which includes utilities, telecom companies, and contractors operating within the intricate world of underground infrastructure.
Corey Capasso, CEO of Urbint, expressed the company's commitment to not just meet the damage prevention industry's ambitious '50 in 5' goal—which aims to reduce damages by 50% over the next five years—but to strive for an even more ambitious objective: the complete elimination of such damages. This vision underscores the challenges faced by industry leaders and highlights the importance of enhancing technological capabilities to protect both workers and infrastructure.
Competers is well-known for its signature solution, Utilocate, which has successfully facilitated damage prevention for over 100 customers across multiple sectors, including utilities, telecommunications, and oil and gas. With the integration of Utilocate into Urbint's ecosystem, the platform is set to provide a comprehensive solution that furthers its mission of safety and efficiency.
Shane Hart, CEO of Competers, stated that the collaboration would not only expand the reach of Competers but also introduce advanced technology aimed at easing the burden faced by utilities and locators, who often juggle immense volumes of dig tickets and pressing deadlines. By joining forces with Urbint, Competers can leverage a larger platform, ensuring a more significant impact within the industry.
This acquisition places Urbint in a unique position as the only software provider capable of catering to all stakeholders within the damage prevention ecosystem—from large investor-owned utilities to municipal entities and contractors.
Urbint itself employs cutting-edge AI technologies to proactively identify and mitigate threats to workers and vital infrastructure. It offers services that are essential in reducing worker injuries and preventing infrastructural damage, thereby promoting environmental and community safety.
The industry faces significant complexities, and with Competers now operating as a wholly-owned subsidiary, Urbint is set to optimize its operations and provide enhanced services across North America. This strategic thinking is aligned with the company's dedication to addressing the intricate dynamics of the damage prevention sector and driving safer practices across various industries. With a growing emphasis on safety, efficiency, and sustainability, Urbint is poised to lead the way in creating a safer working environment through innovative technology.
In summary, Urbint's acquisition of Competers symbolizes a pivotal step toward revolutionizing damage prevention efforts in North America, demonstrating a commitment to safety and operational excellence while setting the stage for future advancements in the industry.
Corey Capasso, CEO of Urbint, expressed the company's commitment to not just meet the damage prevention industry's ambitious '50 in 5' goal—which aims to reduce damages by 50% over the next five years—but to strive for an even more ambitious objective: the complete elimination of such damages. This vision underscores the challenges faced by industry leaders and highlights the importance of enhancing technological capabilities to protect both workers and infrastructure.
Competers is well-known for its signature solution, Utilocate, which has successfully facilitated damage prevention for over 100 customers across multiple sectors, including utilities, telecommunications, and oil and gas. With the integration of Utilocate into Urbint's ecosystem, the platform is set to provide a comprehensive solution that furthers its mission of safety and efficiency.
Shane Hart, CEO of Competers, stated that the collaboration would not only expand the reach of Competers but also introduce advanced technology aimed at easing the burden faced by utilities and locators, who often juggle immense volumes of dig tickets and pressing deadlines. By joining forces with Urbint, Competers can leverage a larger platform, ensuring a more significant impact within the industry.
This acquisition places Urbint in a unique position as the only software provider capable of catering to all stakeholders within the damage prevention ecosystem—from large investor-owned utilities to municipal entities and contractors.
Urbint itself employs cutting-edge AI technologies to proactively identify and mitigate threats to workers and vital infrastructure. It offers services that are essential in reducing worker injuries and preventing infrastructural damage, thereby promoting environmental and community safety.
The industry faces significant complexities, and with Competers now operating as a wholly-owned subsidiary, Urbint is set to optimize its operations and provide enhanced services across North America. This strategic thinking is aligned with the company's dedication to addressing the intricate dynamics of the damage prevention sector and driving safer practices across various industries. With a growing emphasis on safety, efficiency, and sustainability, Urbint is poised to lead the way in creating a safer working environment through innovative technology.
In summary, Urbint's acquisition of Competers symbolizes a pivotal step toward revolutionizing damage prevention efforts in North America, demonstrating a commitment to safety and operational excellence while setting the stage for future advancements in the industry.
Topics Other）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.