Click here to close now.


News Feed Item

HubHead Corp. Acquires NRX

HubHead Corp. announced today that it has acquired NRX and its flagship asset master data management solution, AssetHub. AssetHub is used widely in the oil, gas and rail transportation industries both in the cloud and on-premise. HubHead Corp. is a private software venture controlled and led by Nigel Stokes, the former co-founder and CEO of DataMirror (sold to IBM in 2007 for $170M).

Asset intensive companies around the world have come to depend on AssetHub to deliver the high quality asset data foundation essential to achieve excellence in both new capital projects and legacy operations. Companies who depend on a trusted asset data foundation from AssetHub benefit from a more productive and knowledgeable organization, lower costs, and reduced safety and compliance risks in their operations.

“HubHead Corp. is committed to the future of AssetHub and looks forward to working with our customers to not only build and protect their asset data foundation as we do today, but to bring valuable insights to help our customers’ businesses to become safer and more predictive. We believe we can apply breakthroughs in big data, machine learning, and master data management to the problems of the industry and help our customers improve their businesses,” said Nigel Stokes, Chairman and CEO of HubHead Corp.

Over half of the global economy depends on physical assets. Companies that lack control over asset information are prone to making risky and uninformed decisions. The cost is high, impacting production, revenue, profit, share price, regulatory compliance, insurance premiums and safety. Asset management challenges are increasing in importance and getting a bigger profile. Asset management and monitoring needs will be further amplified as more and more assets are connected to the Industrial Internet & the Internet of Things. HubHead Corp. will be at the forefront of technology leaders addressing these challenges.

“AssetHub has changed the way the world’s largest companies build, standardize, and sustain their asset data foundation. The acquisition of NRX by HubHead Corp. is an exciting new chapter for the company’s customers, partners, and employees. HubHead Corp will bring new investment, innovation, and technology to AssetHub, further strengthening the value the solution delivers to the market,” said Ian Locke, CEO of NRX.

About NRX
Prior to the acquisition of NRX by HubHead Corp., NRX offered the only commercial platform for building, standardizing and sustaining maintenance master data. Asset intensive companies around the world depended upon NRX to deliver the high quality maintenance master data foundation essential to achieve maintenance excellence in both new capital projects and legacy operations.

Companies whose maintenance systems are built upon trusted maintenance master data from NRX benefited from a more productive and knowledgeable maintenance organization, lower costs, and reduced safety and compliance risks in their operations

About HubHead Corp.
HubHead Corp. is the Enterprise Asset Hub Company. The company’s software helps the world's largest businesses build, protect, and derive insights from asset data in ways never thought possible. Leading companies around the world depend upon HubHead's solutions to improve the predictability, productivity, and safety of their operations. Hubhead Corp. is headquartered in Toronto, Ontario, Canada, and has representation around the globe. For more information, visit

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this interview at @DevOpsSummit (, held June 9-11, 2015, at the Javits Center in New York
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare...