In manufacturing, unplanned downtime is a profit and reputation killer, and also significantly impacts a manufacturers ability to hit OEE targets (as MOVUS discussed with OEE expert Clive Moore earlier this year). This new case study from Australian manufacturer Matrix Polymers highlights the value of continuous condition monitoring. Why MOVUS FitMachine for Continuous Condition Monitoring? […]
As many of us know, manufacturing in Australia continues to be a vital contributor to our economy, the sector continues to grow and turn out world leading products. But there is continued pressure on the sector – Are we cost competitive? Is our labour cost too high? Can we innovate? How do we grow when […]
MOVUS was founded by CEO Brad Parsons in January 2015, initially starting out of The University of Queensland’s iLab, a supporter of technologically cutting-edge entrepreneurial start-up businesses. MOVUS’ flagship product, the FitMachine, provides an end-to-end equipment monitoring solution for industrial machinery using the latest machine learning and artificial intelligence technologies. Potential for Machine Monitoring According […]
Scenario According to the Australian Industry Group (Ai Group), our national Manufacturing industry has been expanding consistently with 25 months of uninterrupted growth (1), the longest run since 2005. On the other hand, it is no secret the sector is under pressure to transform. Traditional production methods and business models are being disrupted as digital […]
MOVUS was recently invited by Telstra Ventures (one of our investors) to be part of their showcase stand at Telstra Vantage late last month. Vantage is Australia’s largest invitation-only technology event and brings together passionate individuals and organisations so as to collaborate on the future and immerse themselves in innovative technology solutions. For MOVUS, this […]
Technology continues to be a key component of MOVUS’ market leadership and our investment remains strong. The latest release of our FitMachine technology stack has several exciting new developments, with more on the way. In brief, Customer self-install now makes installation and onboarding of MOVUS FitMachines safe and easy The latest release of our API […]
The MOVUS team talk to a lot of regional companies across a wide range of industries about Industry 4.0, Industrial IoT etc and we’re always asked about how to set up a project in this space. The questions we’re asked include: What are our customers doing? How are they planning success? What tips could I […]
The MOVUS team will be exhibiting our FitMachine solution at Asset Management Reimagined in Melbourne on 6 & 7 August at the Pullman Hotel Albert Park. Simple But Powerful Predictive Maintenance Capability Predictive maintenance and its potential impact on industrial assets is a hot topic at the moment. Asset owners want – visibility on utilisation, […]
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, […]
I’m really excited to see how quickly ANZ manufacturing has adopted the core concepts of Industry 4.0 and Industrial IoT (IIoT) – it points to a bright future for the maligned sector as ‘smarter’ rather than ‘cheaper’ drives innovation and digitalisation. For many manufacturing organisations, digitisation can mean many things, however it can also result […]
