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The team Predico are proud to announce our achievement of the ISO 27001 certification, an internationally acclaimed standard that outlines the best practices for an information security management system (ISMS). ISO 27001 certification is about establishing a framework that includes policies, procedures, and controls that are necessary for securing information and managing sensitive data.

This certification demonstrates Predico's dedication to a systematic and ongoing approach to managing sensitive company and customer information. It's about our commitment to information security, adherence to international standards of practice, and resilience in the face of evolving cyber threats.

Our partners, clients, and stakeholders can trust in the assurance that their data, information, and technology infrastructure are protected under the stringent safeguarding measures at Predico. We adhere to the highest standards to ensure confidentiality, integrity, and availability of data.

Elevating our commitment to security, our cloud-based Advanced Flow Analytics (AFA) platform has not only met the rigorous requirements set forth by ISO 27001 but has exceeded these benchmarks, surpassing modern digital security protocols with exceptional performance.

Predico is excited to announce the launch of autoRTA™, a cutting-edge module revolutionizing the field of Rate Transient Analysis. autoRTA™ is part our cloud-based Advanced Flow Analytics (AFA) platform.

autoRTA™ is an autonomous data-driven type curve analysis and history matching providing solution which provides a comprehensive description of reservoir flow parameters such as permeability, skin, and drainage area (reserves). autoRTA™ is suitable for applications in both conventional and unconventional systems, and has been tested on wells domestically and internationally.

The Board of Directors of Predico Software is pleased to announce the appointment of Don Merritt as CEO and executive member of the Board, effective 4 December 2023.

Don brings a background in oil and gas software including economics, and production forecasting. He has held leadership positions with Merak, Schlumberger and Enersight, bringing two highly successful software startups to the Australian market. 

He joins Predico to lead the commercialization of the AFA software package currently focused on reservoir engineering applications. Our vision is extend the AFA framework into the expanding resource universe including mining, hydrogen and carbon sequestration leveraging our competitive advantage in advanced data analytics, machine learning and automation.

At every step Predico seeks to be client driven, participating in collaboration with major resource companies to produce true digital transformation for these companies by uniquely adapting AFA for their internal workflows and methodologies.


The Predico Board also thanks Bruce Marion for his service as Interim CEO during the transition of Predico from an engineering research organization to a full service, agile software product company. Bruce Marion will continue to serve as a non-executive director of Predico. 


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