This year’s Finals’ Event will run from 1:00 PM to 5:00 PM and will feature two keynote speakers who will talk about the increasing use of machine to machine (“M2M”) interconnectivity and data analytics sweeping the industry. The first keynote speaker, Rich Hufnagel with Verizon, will focus on the opportunities presented to companies through the rapidly advancing Industrial Internet of Things (IoT) and discuss how network connectivity of products can expand B2B opportunities. The second keynote speaker, Nick Swartzbeck from Industrial & Enterprise IoT Solutions will cover hardware options that allow companies to most efficiently and cost effectively connect devices and systems to take advantage of IoT opportunities.
The list of ten finalists in the contest can be viewed HERE. Three winners will each walk away with $20,000! The technologies competing for the prize money cover a broad spectrum of shale-energy related needs, including gas utilization, on-site power generation, down-hole solutions, maintenance, software, and EH&S solutions.
Immediately following the announcement of the contest winners, there will be a free reception where attendees can meet the finalists at their booths and mingle with additional exhibitors. Additionally, a poster session will be included to highlight some of the most promising technologies under development at Carnegie Mellon and Penn State Universities related to the shale energy space.
The Sixth Annual Shale Gas Innovation Contest’s GOLD Sponsor is Ben Franklin Technology Partners. Industry sponsors include: AquaTech, Chevron Technology Ventures, EQT Corporation, Fluid Recovery Systems, LPR Energy, LPR Land Services, the Marcellus Shale Coalition, Praxair, Range Resources, Steptoe & Johnson PLLC, and Williams. Non-Profit sponsors include: Carnegie Mellon University’s Scott Institute for Energy Innovation, and the Penn State University’s Institute for Natural Gas Research.
The Ben Franklin Shale Gas Innovation and Commercialization Center (www.sgicc.org) is designed to harness innovation and new technologies as a means to maximize the economic return to Pennsylvania’s citizens from the Marcellus and Utica shale formations. The Center’s goal is to increase sustainable employment and wealth creation in Pennsylvania that has the potential to outlast the initial exploration, production and transportation of natural gas from the formations. The Center will also identify, support and commercialize technologies and early-stage businesses that enhance responsible stewardship of the environment while properly utilizing this transformative energy asset.