Strategic Digitalization ION Geophysical’s recent focus on launching AI-powered algorithms and digitizing port workflows with Marlin SmartPort indicates a strong shift towards advanced digital solutions, presenting opportunities for enterprise software and AI integration services.
Post-Restructuring Focus Following its Chapter 11 proceedings and asset sales to CGG Sercel and TGS, ION is in a phase of restructuring, which may open avenues for consulting and technology upgrades to support its transition and future growth initiatives.
Seismic Data Expansion The ongoing multi-client seismic programs and extended deployments like the Mid North Sea High 3D project suggest a continued demand for seismic imaging and geophysical data services, offering potential sales in specialized seismic acquisition and processing equipment.
Partnership and Innovation Collaboration with Sinay Sas for integrating AI into climate-smart port solutions demonstrates ION’s openness to innovative tech partnerships, creating opportunities to propose cutting-edge AI and IoT solutions tailored for environmental and maritime industries.
Industry Positioning With significant revenue within the oil and gas sector and investments in advanced geophysical technology, ION is positioned for growth in energy exploration and digital port management services, providing a pathway for vendors offering sustainable, high-tech solutions aligned with industry trends.
ION Geophysical uses 8 technology products and services including TrackJS, Atlassian, Ansible, and more. Explore ION Geophysical's tech stack below.
| ION Geophysical Email Formats | Percentage |
| First.Last@iongeo.com | 79% |
| FLast@iongeo.com | 15% |
| LastF@iongeo.com | 4% |
| First_Last@iongeo.com | 2% |
| First.Last@iononline.com | 92% |
| FirstL@iononline.com | 8% |
| First.Last@ioncorp.com | 83% |
| Last@ioncorp.com | 17% |
Oil and GasUnited States501-1000 Employees
ION commenced the voluntary Chapter 11 process with lender support and DIP financing in April 2022. In September 2022, CGG Sercel, and TGS were successful in their respective bids in the auction process. • CGG's Sercel was selected as the successful bidder for the acquisition of Concept System Ltd.'s software and service business. • TGS acquired certain assets related to ION’s multi-client and processing businesses.
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Funding & FinancialsION Geophysical's revenue is estimated to be in the range of $1B$10B
Funding & FinancialsION Geophysical's revenue is estimated to be in the range of $1B$10B
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