Nick Vandivere, CEO of Houston-based software company ThoughtTrace Inc., is today’s featured Forty Under 40 honoree.
Vandivere’s company, ThoughtTrace, has designed and implemented a software application that combines artificial intelligence (AI) and machine learning to read “words, sentences and paragraphs down to the thought or intent level.”
When ThoughtTrace launched, the application recognized 100 facts. Today, it has read almost 9 billion words and has helped the collective customer-base identify 155 million facts. This number grows every day.
When Vandivere became CEO in 2014, there were fewer than 20 employees. Now, as the team works to adapt the application “to many, many more data types,” he oversees almost 70 employees, ranging from oil and gas attorneys to software developers, all valued for their “grit … [which he considers] the biggest predictor of success.”
Vandivere grew as a leader during his military service, which he says “completely reshaped [his] perspective on life.” As a Platoon Leader in the U.S. Army, he said he learned “through some rather difficult circumstances … the importance of elevating the success of the team above everything else.”
Click here for Nick Vandivere’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
EOG Testing 700-ft Spacing in Ohio’s Utica Oil Window, Sees Success
2024-08-05 - EOG Resources’ test at the northern end of its 140-mile-long north-south leasehold produced IPs similar to those from a nearby pad.
Powder in the Hole: Devon May Fire up its PRB in Coming Years
2024-08-23 - Devon Energy is perfecting its spacing and completion recipe in Wyoming’s Powder River Basin play to possibly unleash full-field development later this decade.
Baytex Energy Joins Eagle Ford Shale’s Refrac Rally
2024-07-28 - Canadian operator Baytex Energy joins a growing number of E&Ps touting refrac projects in the Eagle Ford Shale.
Avant Natural Resources Steps Out with North Delaware Avalon Tests
2024-08-21 - With the core of the Delaware Basin in full manufacturing mode, Avant Natural Resources is pushing an operated portfolio into the northern reaches of the New Mexico Delaware.
Devon Energy Expands Williston Footprint With $5B Grayson Mill Deal
2024-07-08 - Oklahoma City-based Devon Energy is growing its Williston Basin footprint with a $5 billion cash-and-stock acquisition from Grayson Mill Energy, an EnCap portfolio company.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.