TOKU Systems

Overview
Oil & Gas Tech?
Product stageSegments
Early
?
Monitoring and management (Upstream & Midstream)
?

TOKU Systems, a Calgary-based company founded in 2014, has developed an advanced monitoring system that captures real-time data from pipelines, wells, and tanks across North America and Asia. The company's breakthrough pressure-sensing device can be installed in minutes, providing unprecedented visibility into the condition and health of critical assets such as wells, tanks, and pipelines. TOKU's high-resolution pressure data enables energy producers to enhance predictability, increase production capability, improve capacity utilization, and drive down operating costs.

TOKU's innovative solution addresses the challenges faced by the aging oil and gas infrastructure, where an estimated 90% of existing oil wells lack automated monitoring, and 90% of pipelines have no monitoring. By combining an industrial pressure sensor with cutting-edge Industrial internet of Things (IIoT) technology, TOKU offers continuous, real-time visibility into the operating condition of pipelines, wells, tanks, pump jacks, and other critical infrastructure. The fully autonomous TOKU sensor captures second-by-second pressure data, uses cellular communication to send data and immediate notifications of alarm conditions, and has a 360-degree solar panel for self-sustainability. The real-time operational data is visible through TOKU's web-based Illumass interface, viewable from any mobile device. This affordable and easily-installed solution provides energy producers with an extremely detailed view into the moment-to-moment condition of field assets, even in remote locations.

Key customers and partnerships

TOKU Systems has developed a partnership with PT. Fuji Electric Indonesia to bring advanced remote monitoring to the massive energy market in Indonesia. The company found that local wireless carriers' SIMs often took too long to connect or required a username and password, which would leave IIoT devices unable to connect. Soracom was recommended by Fuji Electric based on previous experience, and TOKU's experience with Soracom has been successful. TOKU expects to roll out with Soracom in other markets around the world, including the US, due to the reliability of connection and ease of onboarding.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
333 96 Ave. Suite 5213 Calgary AB CAN
Founded year:
1995
Employees:
11-50
IPO status:
Private
Total funding:
-
Last Funding:
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Last valuation:
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Key competitors
 
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