More exciting news here at cognitive geology!! We are really excited to announce that our VP of Software Engineering, Eileen McLaren, has agreed to take on the role of Chief Operating Officer and also joined the board as a director.
Here's an excerpt of the article from digit magazine by Brian Baglow. See the original article here.
One of the key people in both Skyscanner and FanDuel, Eileen McLaren, joins the ambitious geo-technology company’s board – aiming for a trifecta of tech unicorns.
Eileen McLaren,one of Scotland’s most respected digital technology executives, having been instrumental in scaling tech unicorns Skyscanner and FanDuel, has joined the board of Cognitive Geology.
Having helped Skyscanner and FanDuel scale from start-up to global success, Eileen joined Cognitive Geology as VP of Software Engineering in July 2017. She has now been promoted to Chief Operating Officer (COO) and appointed a director, taking a seat on the company’s board.
Founded in 2014, Cognitive Geology designs and builds specialist software for geoscientists in the oil and gas industries, improving accuracy in finding, appraising and developing oil and gas reserves. In 2017 the company secured £2 million from Maven Capital Partners and Enzo Ventures to develop their range of product solutions for the oil and gas industry.
Cognitive Geology’s Hutton software claims to help companies in the oil and gas sector be ‘approximately accurate, rather then precisely wrong’. Hutton reduces oilfield investment uncertainty by extracting progressive trends from complex geological datasets. Geologists can identify and sequentially remove the effects of the various geological processes, resulting in a vastly reduced range of uncertainty.
The geoscience software industry is estimated to be worth an annual $4.5 billion and is forecast to double over the next several years as antiquated software is replaced by next generation technology solutions. In the recent past Cognitive Geology has secured a seven figure contract with one of the world’s largest energy companies
Eileen McLaren, COO, told DIGIT: “I’m delighted to join the board of Cognitive Geology as I see it as one of the most exciting early stage tech businesses in Scotland at the moment. I’ve been fortunate enough to have worked at some of the most successful tech companies around and the planning, drive and the quality of the execution I see at Cognitive Geology has the same hallmarks I saw in the early days at Skyscanner & FanDuel.”