Project description and overview

AMOG provides a flexible, off-the-shelf monitoring solution that can provide independent diagnostics, validation and oversight on the performance of critical assets. The Loadwise Smart Sensor solution can be rapidly applied to complex networks of interconnected plant to understand the effect on both isolated pieces of equipment and the interdependency across the site. The sensor technologies provide monitoring of both the environment and the physical equipment operating within it providing a complete picture of what is occurring, in real-time.

This project is to accelerate the scaling up of the business to better service industry demand. Key areas will be verification and validation, certification and manufacturing capabilities and capacity.

Project Status

Successfully completed

Project Participants

Contributions

281200
Government Funds
281200
Industry

EXPECTED IMPACT

The current overall equipment effectiveness for open pit mining machinery is 39% and for crushing and grinding 69%. The potential economic impact to global mining is a 68% improvement in operations management, 27% improvement in equipment maintenance and 3% improvement to health and safety [McKinsey].

EXPECTED GROWTH

Revenue of AUD$1-10 million pa in the near term, increasing to AUD$10+ million pa in the medium term.

EXPECTED JOBS

Additional 10+ engineers over the coming years.