- Unstructured data represents around 80% of the enterprise data footprint and remains largely inaccessible to traditional transformation tools
- SNP and New York based Structify establish joint venture company Oros Data LLC, focused on AI-enabled processing of unstructured data at scale
- The new solution extends SNP's Kyano® platform to process unstructured data in M&A transactions, enabling faster time to value, reduced operational and compliance risk, and better-informed decisions
SINGAPORE - Media OutReach Newswire - 11 May 2026 - SNP SE, a leading provider of software for AI-enabled digital transformation, automated data migration, and data management in the SAP environment, has established a joint venture with Structify, a New York based AI-native Services-as- Software company that develops platform-based solutions for extracting, contextualizing, and processing enterprise data. The new entity, Oros Data LLC, is jointly owned by the partners and focuses on the development and application of AI-based solutions for processing large volumes of unstructured enterprise data.
From left: Taichi Kato, Jens Amail (CEO SNP), Steele Arbeeny (CTO SNP NA), Alex Reichenbach (CEO Structify), Alex Goldstein, Dominik Wittenbeck (CTO SNP Group), Hovik Minasyan, Laura Garcia and Nico Marin Gamboa Together, SNP and Structify aim to bring AI-enabled data processing into the core of SAP transformation projects. According to industry analysts, unstructured data accounts for around 80% of enterprise information. This includes critical data such as contracts, sensitive HR records, IT-related documents, or customer complaints, which are often not readily accessible or processable. In the context of M&A transactions, insufficient handling of this data can create significant costs as well as operational and compliance risks for both buyers and sellers. In a first step, SNP integrates these capabilities into its Kyano platform particularly for M&A scenarios.
"Improper processing of unstructured data greatly increases the risks in M&A and can erode as much as 10% of the deal value. Customers have chosen SNP over the last 30 years to accelerate and de-risk their most critical transactions. We are excited to deliver this new AI-enabled capability based on our decades of experience to further streamline and safeguard our customers' M&A," says Steele Arbeeny, CTO of SNP North America.
"Unstructured data represents a significant share of the information required to run a business. Our goal is to make this data usable in M&A transactions while ensuring that sensitive information such as trade secrets and personal data is protected," comments Structify CEO Alex Reichenbach. "This collaboration provides a framework to apply these capabilities in large-scale transformation projects."
Hashtag: #SNP
The issuer is solely responsible for the content of this announcement.
SINGAPORE - Media OutReach Newswire - 11 May 2026 - SNP SE, a leading provider of software for AI-enabled digital transformation, automated data migration, and data management in the SAP environment, has established a joint venture with Structify, a New York based AI-native Services-as- Software company that develops platform-based solutions for extracting, contextualizing, and processing enterprise data. The new entity, Oros Data LLC, is jointly owned by the partners and focuses on the development and application of AI-based solutions for processing large volumes of unstructured enterprise data.
From left: Taichi Kato, Jens Amail (CEO SNP), Steele Arbeeny (CTO SNP NA), Alex Reichenbach (CEO Structify), Alex Goldstein, Dominik Wittenbeck (CTO SNP Group), Hovik Minasyan, Laura Garcia and Nico Marin Gamboa
Together, SNP and Structify aim to bring AI-enabled data processing into the core of SAP transformation projects. According to industry analysts, unstructured data accounts for around 80% of enterprise information. This includes critical data such as contracts, sensitive HR records, IT-related documents, or customer complaints, which are often not readily accessible or processable. In the context of M&A transactions, insufficient handling of this data can create significant costs as well as operational and compliance risks for both buyers and sellers. In a first step, SNP integrates these capabilities into its Kyano platform particularly for M&A scenarios.
"Improper processing of unstructured data greatly increases the risks in M&A and can erode as much as 10% of the deal value. Customers have chosen SNP over the last 30 years to accelerate and de-risk their most critical transactions. We are excited to deliver this new AI-enabled capability based on our decades of experience to further streamline and safeguard our customers' M&A," says Steele Arbeeny, CTO of SNP North America.
"Unstructured data represents a significant share of the information required to run a business. Our goal is to make this data usable in M&A transactions while ensuring that sensitive information such as trade secrets and personal data is protected," comments Structify CEO Alex Reichenbach. "This collaboration provides a framework to apply these capabilities in large-scale transformation projects."
Hashtag: #SNP
The issuer is solely responsible for the content of this announcement.
About SNP
SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP's Kyano® platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the Bluefield® approach, Kyano sets a comprehensive industry standard for restructuring and modernizing enterprise data faster and more securely while harnessing AI-driven innovations based on over 30 years of experience.
The company works with more than 3,000 customers of all sizes and in all industries in over 80 countries, including numerous DAX 40 and Fortune 500 companies. The SNP Group has more than 1,600 employees worldwide at over 34 locations in 23 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of around EUR 297 million in the 2025 fiscal year.
More information is available at www.snpgroup.com
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
- Innomotics wins several orders to provide motor and drive technology for eLNG projects, totaling a volume in the higher double-digit million EUR range
- Innomotics advances electrification of LNG production with eLNG solutions based on electric drive systems
- Significant operational, environmental, and financial benefits compared to conventional turbine-based LNG plants
- Enables decarbonization and supports global transition to sustainable energy systems
NUREMBERG, GERMANY - Newsaktuell - 11 May 2026 - Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for electrified LNG projects in Europe, Canada, Middle East and Australia. The total volume for all orders is in the higher double-digit million EUR range.
Innomotics powers the world's first all-electric eLNG plant in Hammerfest, Norway, for 19 years / Innomotics Innomotics is driving the transformation of LNG production with its innovative eLNG solutions. By replacing conventional gas turbine-based liquefaction processes with electrified drive systems, LNG operators can significantly increase efficiency, reduce emissions, and lower operating costs.
As global demand for cleaner energy continues to grow, LNG remains a key component of the energy mix. However, traditional LNG production is energy-intensive and associated with high greenhouse gas emissions. eLNG addresses these challenges by using electricity – including renewable energy sources such as wind, solar, and hydropower – to liquefy natural gas, enabling a more sustainable and efficient production process.
The electrification of LNG plants is a key step in reducing reliance on fossil fuels and achieving decarbonization targets. Electric drive systems from Innomotics offer system efficiencies of up to 95%, significantly exceeding the performance of conventional gas turbines. At the same time, operators benefit from reduced maintenance requirements, with systems capable of running up to five years without scheduled shutdowns, and increased plant availability of up to 99.9%.
By integrating high-voltage motors and variable speed drives across the entire LNG value chain – from compression and refrigeration to storage and gas treatment – Innomotics enables a fully electrified production process. When powered by renewable energy, eLNG solutions can eliminate direct CO₂ emissions and reduce annual emissions by up to 500,000 tons, supporting operators in meeting regulatory requirements and sustainability goals.
"Electrification is the foundation for a sustainable future of LNG production. With our eLNG solutions, we enable operators to significantly improve efficiency, reduce emissions, and enhance reliability across the entire process. This not only strengthens competitiveness but also accelerates the transition towards net-zero operations," says Michael Reichle, CEO of Innomotics.
He adds, "Operators are under increasing pressure to balance sustainability with profitability. Our electric drive systems deliver a compelling business case by lowering lifecycle costs, minimizing downtime, and ensuring maximum operational performance in demanding LNG environments."
Recently awarded eLNG Projects
Pioneering eLNG success for Hammerfest in Norway:
Hammerfest is home to the world's first all-electric LNG plant, operational since 2007. Equipped with two 65 MW refrigeration compressor drives, the facility has achieved over 15 years of successful operation with minimal maintenance and an exceptional availability rate of 99.88%. This project set a new standard for reliability and efficiency in the LNG sector, proving the long-term value of electric drive systems in demanding environments
Innovative floating LNG project in Canada:
This project represents the world's first floating all-electric LNG facility. With four complete drive train systems of 35 MW each powering the main refrigeration compressors, the plant is designed to export three million tons of eLNG per year. The project demonstrates the scalability and flexibility of Innomotics technology, delivering high performance and low emissions in a unique offshore setting
Setting the global benchmark for an LNG plant in Qatar:
This LNG plant features multiple 60 MW and 45 MW trains, each with three refrigeration compressors. As the world's LNG market leader, Qatar relies on Innomotics systems to deliver maximum availability and operational excellence. This large-scale deployment showcases our ability to support complex, high-capacity facilities with proven reliability and efficiency.
Lowest emissions through renewables at an LNG project in Canada:
The LNG plant is powered by renewable hydropower and features 50 MW LCI eLNG trains. The facility is designed to produce 2.1 million tons of LNG per year with the lowest emissions in the global LNG export industry. This reference highlights the environmental benefits of integrating electric drive technology with renewable energy sources.
Driving sustainability with carbon capture at a CCUS LNG project in Australia:
This project utilizes multiple medium voltage motors and drive systems totalling 297 MW for LNG production, combined with a carbon capture project. This installation demonstrates the compatibility of Innomotics solutions with advanced sustainability initiatives, enabling operators to reduce their carbon footprint while maintaining process efficiency
Additional eLNG materials:
Whitepaper on eLNG
Expert Video concerning electrified LNG
Reference projects and success stories
3D visualization in our virtual world: Innomotics Electrosphere
For more information, visit https://www.innomotics.com/hub/en/applications/electrified-lng
Follow us on LinkedIn: www.linkedin.com/company/innomotics
Hashtag: #Innomotics
The issuer is solely responsible for the content of this announcement.
NUREMBERG, GERMANY - Newsaktuell - 11 May 2026 - Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for electrified LNG projects in Europe, Canada, Middle East and Australia. The total volume for all orders is in the higher double-digit million EUR range.
Innomotics powers the world's first all-electric eLNG plant in Hammerfest, Norway, for 19 years / Innomotics
Innomotics is driving the transformation of LNG production with its innovative eLNG solutions. By replacing conventional gas turbine-based liquefaction processes with electrified drive systems, LNG operators can significantly increase efficiency, reduce emissions, and lower operating costs.
As global demand for cleaner energy continues to grow, LNG remains a key component of the energy mix. However, traditional LNG production is energy-intensive and associated with high greenhouse gas emissions. eLNG addresses these challenges by using electricity – including renewable energy sources such as wind, solar, and hydropower – to liquefy natural gas, enabling a more sustainable and efficient production process.
The electrification of LNG plants is a key step in reducing reliance on fossil fuels and achieving decarbonization targets. Electric drive systems from Innomotics offer system efficiencies of up to 95%, significantly exceeding the performance of conventional gas turbines. At the same time, operators benefit from reduced maintenance requirements, with systems capable of running up to five years without scheduled shutdowns, and increased plant availability of up to 99.9%.
By integrating high-voltage motors and variable speed drives across the entire LNG value chain – from compression and refrigeration to storage and gas treatment – Innomotics enables a fully electrified production process. When powered by renewable energy, eLNG solutions can eliminate direct CO₂ emissions and reduce annual emissions by up to 500,000 tons, supporting operators in meeting regulatory requirements and sustainability goals.
"Electrification is the foundation for a sustainable future of LNG production. With our eLNG solutions, we enable operators to significantly improve efficiency, reduce emissions, and enhance reliability across the entire process. This not only strengthens competitiveness but also accelerates the transition towards net-zero operations," says Michael Reichle, CEO of Innomotics.
He adds, "Operators are under increasing pressure to balance sustainability with profitability. Our electric drive systems deliver a compelling business case by lowering lifecycle costs, minimizing downtime, and ensuring maximum operational performance in demanding LNG environments."
Recently awarded eLNG Projects
Pioneering eLNG success for Hammerfest in Norway:
Hammerfest is home to the world's first all-electric LNG plant, operational since 2007. Equipped with two 65 MW refrigeration compressor drives, the facility has achieved over 15 years of successful operation with minimal maintenance and an exceptional availability rate of 99.88%. This project set a new standard for reliability and efficiency in the LNG sector, proving the long-term value of electric drive systems in demanding environments
Innovative floating LNG project in Canada:
This project represents the world's first floating all-electric LNG facility. With four complete drive train systems of 35 MW each powering the main refrigeration compressors, the plant is designed to export three million tons of eLNG per year. The project demonstrates the scalability and flexibility of Innomotics technology, delivering high performance and low emissions in a unique offshore setting
Setting the global benchmark for an LNG plant in Qatar:
This LNG plant features multiple 60 MW and 45 MW trains, each with three refrigeration compressors. As the world's LNG market leader, Qatar relies on Innomotics systems to deliver maximum availability and operational excellence. This large-scale deployment showcases our ability to support complex, high-capacity facilities with proven reliability and efficiency.
Lowest emissions through renewables at an LNG project in Canada:
The LNG plant is powered by renewable hydropower and features 50 MW LCI eLNG trains. The facility is designed to produce 2.1 million tons of LNG per year with the lowest emissions in the global LNG export industry. This reference highlights the environmental benefits of integrating electric drive technology with renewable energy sources.
Driving sustainability with carbon capture at a CCUS LNG project in Australia:
This project utilizes multiple medium voltage motors and drive systems totalling 297 MW for LNG production, combined with a carbon capture project. This installation demonstrates the compatibility of Innomotics solutions with advanced sustainability initiatives, enabling operators to reduce their carbon footprint while maintaining process efficiency
Additional eLNG materials:
Whitepaper on eLNG
Expert Video concerning electrified LNG
Reference projects and success stories
3D visualization in our virtual world: Innomotics Electrosphere
For more information, visit https://www.innomotics.com/hub/en/applications/electrified-lng
Follow us on LinkedIn: www.linkedin.com/company/innomotics
Hashtag: #Innomotics
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
