The current shift from Preventive to Condition-Based Maintenance (CBM) deserves some reflection. Until recently, CBM required the implementation of costly monitoring equipment and skilled technical analysts to be effective, limiting its application. The development of low cost machine condition sensors coupled with artificial intelligence is disrupting the industry and re-writing the rules of maintenance regimes.
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 was a unique opportunity to promote our solution to a diverse business audience number over 6,000 attendees.
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,
The MOVUS Customer Success team were very busy crisscrossing rural Victoria last week as two new Predictive Maintenance projects kicked off.
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.
Many maintenance staff in process industries have stressful jobs. They must constantly seek to balance the opposing requirements of maximising production and machinery up-time, whilst simultaneously minimising unplanned downtime with its associated loss of production, generally within a fixed maintenance budget. Traditionally this has involved, as a minimum, a scheduled maintenance plan for all machines that directly affect production if they fail, or need to be stopped for scheduled maintenance.
Last week I shared a LinkedIn update showing the MOVUS FitMachine gateway installed at a customer site in Melbourne.
Following on from the Asset Management Reimagined conference earlier this week, we’re off to the Gold Coast to exhibit and talk Predictive Maintenance at the SIRF national event – Operational Excellence Forum on 21 and 22 August.
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.
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.
