Company: SAIM, LLC , Overland Park, KS Company Description: SAIM is a SaaS, founded in 2019 with 10 US employees and a complimentary offshore development team. Expertly engineered for oil and gas, fuels, and industrial wastewater infrastructure, SAIM takes the guesswork out of fuels management with centralized information delivering transparency, reducing risk, facilitating compliance, transferring knowledge, and supporting informed decision making. Nomination Category: New Product & Service Categories - Business Technology Nomination Sub Category: Business Technology - Other Nomination Title: SAIM's SAIM v.2.0
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
N/A
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
SAIM v2.0 - 2 Large Releases April 2023 and October 2023.
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 287 words used.
SAIM is an online portfolio of Smart Asset Integrity Management solutions that harnesses the power of IoT for a real-time, user-friendly look at a fuel system's performance. SAIM provides transparency at the facility to ensure all stakeholders have the necessary information to deliver a safe, efficient and well-maintained operation.
SAIM’s powerful “digital twin” platform is an interactive 3D replica of the entire fuel facility, including physical and procedural assets. The digital twin delivers centralized information and intelligent dashboards and analytics to power facility design, maintenance and management. Facility stakeholders, including operators, general managers, owners and engineers benefit from a real-time, transparent look at the operations via SAIM’s 24/7 cloud-based tools.
SAIM gives facility and asset owners peace of mind by providing:
- Informed decision making
- Key performance indicators
- Facility benchmarking
- Risk avoidance
- Asset & fuel continuity
- Accountability
- Data-driven budgets to prioritize CapEx and OpEx projects
Transparency and predictability
- Knowledge transfer
- Improved productivity with enhanced resource utilization
- Rapid emergency response
- Inventory management
SAIM provides facility and asset operators with clear expectations, improved training and better results using these platform features:
- Centralized, cloud-based, document retention that houses what operators need to do their jobs efficiently and allows quick access to up-to-date documents when requested.
- Digitized logs, manuals, as-builts and records to provide clear expectations of responsibilities.
- Dashboards and alerts to notify operators when tanks are due, when valves were last inspected and more, so they can stay organized and ahead of what's coming.
- Performance metrics to highlight results, leading to increased recognition.
- Digital and multimedia capabilities that enhance the training experience.
- Best-in-class training technology that increases operators’ personal skill sets and career potential.
- Facility photos and 3D models that guide daily tasks and discussions with remote vendors, engineers, and inspectors.
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 351 words used.
The SAIM platform was originally developed to transform the fuels industry, specifically for commercial aviation large fuel facilities. Over the past two years, SAIM has deployed its software to 25 clients and is live at 40 of the largest U.S. airports. During this time, the SAIM development team has also rebuilt the entire platform in a new tech stack with significantly better performance and scalability. In 2023, SAIM released v2 in three significant pieces between April and October.
In 2024, SAIM has another 10 commercial aviation locations contracted to deploy and the company is beginning to explore use cases in other industries. Revenue in 2021 was $750K, which tripled to $2.1 million in 2022 and then doubled in 2023 to $4.5 million. In the past two years SAIM has renewed 100% of its customers annually.
Client Reviews
- Facilities Management into the Palm of our Hands
“Digitization gives us the opportunity to bring facilities management into the palm of our hands. Accurate, accessible, 3D as-built baselines for the entire fuel facility assists with reconciling real property inventories and improves the speed of project planning, programming, and execution. How soon this opportunity is realized is up to the current generation of military POL engineers, facility managers and operators.” - Long Time Military POL Equipment and Facility Engineer
- The Real Key to Success Lies in the Objective and Unbiased Data
“SAIM not only provides real time monitoring for operational safety, endless resource material on physical infrastructure and maintenance tracking, but the real key to success lies in objective and unbiased data collection for analysis leading to sound capital and people investments.” – Airline Fuel Representative
One of SAIM’s biggest market differentiators is its connection to Argus Companies, LLC. It is one of its subsidiaries, along with Argus Consulting, LLC and Argus Construction Management, LLC. SAIM has access to licensed engineering expertise across multiple disciplines from individuals who have decades of experience in infrastructure and fuels management. SAIM is part of the end-to-end asset management value chain that Argus Companies offers its clients, which is nearly unmatched in the industry.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 179 words used.
SAIM has provided the following supporting materials:
Documents
- SAIM_vs_Competitor_Matrix – A snapshot view that shows the market value of the SAIM platform with a listing of key benefits and features.
- SAIM_Sales_Sheet_Bifold_Non_Fuel_DIGITL2023 – Sales brochure speaking to the value proposition of SAIM’s technology.
Videos
- What is SAIM? – An animated overview video of the SAIM platform
- Overall , SAIM the Desktop and Handheld App – 10-minute overview and tour of SAIM’s 2023 V2 release on both the desktop application and handheld/mobile application built to support actions in the facility.
- Digital Twin – 2023 Fall Release v2.1 – ties together all the modules and data in one digital view for users.
- Custom Questions - 2023 Fall Release v2.1 - allowing users to add a customized questionnaire to any Planned Maintenance Schedule, serving as a validation checklist at the task and work order level for operators and facility auditos.
- Real Time Signals – the IoT component of the SAIM platform brings minute by minute signals to a comprehensive dashboard while capturing the data necessary to provide predictive analytics to the facility.
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