The Origins of Sciemus
Sciemus began specialising in the design of models for analysing complex asset performance in 2002 when the company was established by former investment banker, Andre Finn and ex RAF Officer, Neil Fleming.
The pair met at Oxford University where their work on knowledge led strategies started them thinking about how modelling techniques could be used to improve asset assessment for insurance underwriting. Andre and Neil realised that these models would be sought after by specialist insurance industries, such as those providing cover for space missions and power stations. Andre and Neil approached defence technology experts, QinetiQ, with a proposal to utilise their existing defence data for commercial benefit.
"QinetiQ had been designing technology for the Ministry of Defence for over 40 years and had been involved with many high profile space missions, without QinetiQ's history and huge amount of data, our original asset assessment models would have been completely unviable." Neil Fleming, Chief Technology Officer.
"Although the science behind our asset performance models is highly complex, the idea behind the business was much simpler; we had the idea but knew we needed QinetiQ's support to make it work." Andre Finn, CEO.
Since then Sciemus and QinetiQ have developed models for the property, power, and renewable energy industries and more developments are in the pipeline.