Avoiding unplanned downtime and equipment failure are two pretty obvious benefits that companies realise from deploying Industrial IoT solutions like MOVUS FitMachine. A lesser known, but equally important benefit is the impact IIoT can have on workplace safety. A recent article published by Blackline Safety highlighted a number of risks faced by workers in manufacturing. […]
Transform Business Processes With Digital Insights
Big data is kind of a big deal for many companies around the world. But does having access to lots of data help a business make better decisions or improve operations or develop a competitive advantage? One thing I stress to prospects and partners is that having more data doesn’t necessarily help organisations improve or […]
Top 3 IOT Business Benefits
Every day there are new predictions about how the internet of things (IOT) will connect 20 Billion, 30 Billion or 50 Billion devices to the internet. I thought I’d weigh into the commentary, to give a view on the business benefits, which seem to be missing under a wash of monstrous numbers. The IOT sphere covers […]
MOVUS Gets Investment Injection From Australia’s Largest VC Firms To Support Growth
Queensland Industrial IoT Company Secures $4.8M From Blackbird Ventures, Telstra Ventures and Skip Capital Brisbane, March 20 2018 – Brisbane-headquartered company MOVUS Australia, the developer of Industrial IoT (Internet of Things) sensor and machine monitoring solution, FitMachine® (‘the Fitbit® for machines’,) has secured $4.8M in Series A funding. The round, led by Blackbird Ventures, […]
If You Want to Monetise IOT, Change Your Thinking
Globally, there’s a silent shift happening. The way businesses create value and capture value is quietly transforming. This isn’t a theoretical exercise being played out by corporate strategists or the Big 5 accounting firms. It’s a dramatic shift that’s disrupting existing businesses and creating completely new business models. Businesses that adapt to this silent shift will […]
IOT is Old, Meet AIOT
Next month I have been asked to present at the Industrial IOT Summit, the event is sponsored by the giants of industry, GE, Schneider, Bosch etc. As I sit here writing my presentation, I’m reflecting on the phenomena that is the Industrial IOT. Firstly, why the fuss? Sensors have been around for decades in industry. […]
Four Ways to Put People in Harm’s Way
Each week I’m fortunate to spend time with customers and prospects to understand their asset management challenges. Each week many of the same challenges arise, the need to reduce maintenance costs, reduce downtime risk and reduce asset inspections. However there is one challenge that I would like to take a moment to highlight, in the […]
The Role of IoT/Digital in Transformation for Heavy Industry
Earlier this year Accenture released a research report that identified a number of trends that were predicted to impact/drive transformation in the Industrial Refining industry (think oil and gas refining). The #1 trend related to the rise of digital technologies and its worth delving into the areas that the industry believes will be impacted so […]
Maintenance & Energy Costs, How to Reduce Them.
I get lots of positive comments from my blogs, which is awesome, and recently had an email asking what exactly MOVUS does? So here goes… (It’s a little techie but I’ll keep it to a minimum). Firstly, our motivation There are 1.6 Billion electric motors on the planet. They consume around 43% of the world’s […]
How Augmented Reality Can Improve Complex Technical Inspections
There’s a really interesting debate going on at the moment about the effect of smart technology on semi-skilled, and skilled work roles. Despite the doom and gloom forecast by some, there are a number of examples of emerging technology that will change how we work, and change it for the better. One example of this […]