MISTRAS Group Launches MISTRAS Data Solutions Brand, Integrating Data-driven Capabilities for Customers Worldwide

Rhea-AI Summary

MISTRAS Group (NYSE: MG) has announced the launch of MISTRAS Data Solutions, consolidating its data-centric services, software solutions, and technology under a unified brand. The initiative combines multiple capabilities including PCMS®, New Century Software, Integrity Plus, Onstream, MISTRAS OneSuite®, Sensoria®, CALIPERAY®, VPAC®II, and Triple 5.

The strategic unification marks MISTRAS' transformation into a data-driven asset integrity provider, integrating advanced analytics, industrial IoT, and inspection data management systems. The offering includes cloud-based integrity management software, digital twin capabilities, in-line inspection, real-time condition monitoring, and advanced engineering services.

Led by President and CEO Natalia Shuman, this consolidation aims to enhance customer operations by increasing uptime and reducing costs across energy, aerospace and defense, infrastructure, and manufacturing sectors.

Positive

• Strategic consolidation of multiple technology brands under one unified platform
• Expansion into higher-value data analytics and IoT services
• Enhanced service offering targeting operational efficiency improvements
• Potential for increased recurring revenue through cloud-based solutions

Negative

• Significant investment and integration costs likely required
• Execution risks in combining multiple technology platforms
• Competitive pressure in the data analytics market

PRINCETON JUNCTION, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE: MG), the leading global provider of integrated, technology-enabled asset protection solutions, today announced the launch of MISTRAS Data Solutions, a unified brand that consolidates the company’s data-centric services, software solutions, and technology under one umbrella.

MISTRAS Data Solutions brings together a powerful suite of capabilities and brands, including: PCMS^®, New Century Software, Integrity Plus, Onstream, MISTRAS OneSuite^®, Sensoria^®, CALIPERAY^®, VPAC^®II, and Triple 5.

This strategic unification accelerates MISTRAS’ evolution into the first data-driven asset integrity provider, integrating advanced analytics, industrial IoT, and inspection data software and management systems to support the full lifecycle of asset protection—from real-time monitoring to predictive maintenance and engineering analysis.

“MISTRAS Data Solutions represents a major milestone in our transformation,” said Natalia Shuman, President and CEO of MISTRAS Group. “We’re delivering a more integrated, scalable, and innovative experience that helps our customers increase uptime, save costs, and keep their operations always on.”

Building on a Legacy of Excellence, Innovating for the Future

MISTRAS Data Solutions builds on MISTRAS’ decades-long leadership in non-destructive testing (NDT) technology, where the company has set the standard for quality, reliability, and technical expertise. This legacy continues evolving as MISTRAS redefines innovation through advanced robotics, sensor technologies, and software solutions.

As industrial assets grow more complex and the demand for actionable, real-time insights increases, MISTRAS is accelerating its transformation — from a pioneer in NDT to a global leader in integrated, data-driven asset protection.

Driving Business Continuity and Increasing Uptime

With MISTRAS Data Solutions, customers gain a unified approach to asset integrity that enhances visibility and control in the most demanding operational settings. By centralizing real-time data and generating actionable insights, MISTRAS enables plant operators, pipeline managers, and manufacturing engineers to reduce risk, maximize uptime, and avoid costly downtime — ensuring continuous, efficient operations across their facilities.

The offerings include:

• Cloud-based integrity management software
• Digital twin and risk modeling capabilities
• In-line inspection and data analytics
• Real-time condition monitoring technologies
• Advanced engineering and compliance services
  

MISTRAS Data Solutions strengthens the company’s commitment to delivering smarter operations for asset-intensive industries, including energy, aerospace and defense, infrastructure, and manufacturing.

Explore MISTRAS Data Solutions today at www.mistrasgroup.com/data-solutions.

About MISTRAS Group, Inc.

MISTRAS Group, Inc. (NYSE: MG) is a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, helping to maximize the safety and operational uptime for civilization’s most critical industrial and civil assets.

Backed by an innovative, data-driven asset protection portfolio, proprietary technologies, strong commitment to Environmental, Social, and Governance (ESG) initiatives, and a decades-long legacy of industry leadership, MISTRAS leads clients in the oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing industries towards achieving operational and environmental excellence. By supporting these organizations that help fuel our vehicles and power our society, inspecting components that are trusted for commercial, defense, and space craft; building real-time monitoring equipment to enable safe travel across bridges; and helping to propel sustainability, MISTRAS helps the world at large.

MISTRAS enhances value for its clients by integrating asset protection throughout supply chains and centralizing integrity data through a suite of Industrial IoT-connected digital software and monitoring solutions. The company’s core capabilities also include non-destructive testing field and in-line inspections enhanced by advanced robotics, laboratory quality control and assurance testing, sensing technologies and NDT equipment, asset and mechanical integrity engineering services, and light mechanical maintenance and access services.

For more information, visit www.mistrasgroup.com.

Contact:
Theresa Feraren
Chief Marketing Officer
MISTRAS Group, Inc.
theresa.feraren@mistrasgroup.com

FAQ

What services are included in the new MISTRAS Data Solutions brand?

MISTRAS Data Solutions includes cloud-based integrity management software, digital twin modeling, in-line inspection, real-time condition monitoring technologies, and advanced engineering services, combining multiple existing brands like PCMS®, New Century Software, and Onstream.

How will MISTRAS Data Solutions (MG) benefit industrial customers?

The unified platform helps customers increase operational uptime, reduce costs, and maintain continuous operations through centralized real-time data monitoring, actionable insights, and integrated asset protection solutions.

What industries does MISTRAS Data Solutions serve?

MISTRAS Data Solutions serves asset-intensive industries including energy, aerospace and defense, infrastructure, and manufacturing sectors.

What is the strategic significance of MISTRAS Group's (MG) new data solutions launch?

The launch represents MISTRAS' strategic transformation from a non-destructive testing provider to a comprehensive data-driven asset integrity leader, integrating advanced analytics and IoT capabilities.