Technologies to connect sensors and collect data are common, but finding value in that data is the challenge. Making data an integral part of doing business, and enabling data driven decision making is a hot topic for all large organisations in today’s competitive environment. “Data is like crude oil—there’s lots of it around, but it’s not of much value until its refined and processed,” says Simon Maselli, Managing Director of Minnovation. Headquartered in Melbourne, Australia, the company has been helping clients with various industrial IoT challenges, for example, enabling organizations to connect assets and harness technologies to predict total cost of ownership and MTTF in real time, through to those who simply need to monitor a single point of interest in a simple process. “We find some clients have quite advanced Industrial IoT capabilities and approach Minnovation for upgrades and optimisation while others look for a simple turnkey package to embark on their IoT journey”.
The Minnovation 360° suite of solutions are powered by technologies that enhance clients’ decision making capability. At the heart of the suite is AlphaX, an IoT Engine, which enhances decisions through its embedded machine learning AI and automated decision making logic. This doesn’t just benefit industrial applications; it is deployed across a range of sectors across Australia including urban infrastructure and natural environments. The engine can manage millions of devices in real time, with numerous options for processing, analysis, and reporting augmented by machine learning and AI. Users simply define their business logic and the engine goes to work.
The AlphaX interface is simple, providing a satellite and object orientated interface enabling access to data, across the organisation, in a few simple clicks. Features like “Status at a Glance” highlight assets that need attention without having to sift through long lists or performance logs. AlphaX is adaptable, and can be seamlessly integrated with Tech1, Maximo, SAP and most common asset management applications providing fully or semi-automated work order creation and monitoring through to workflow planning and automation. The flexibility and robustness of the Minnovation technology is a significant step towards unlocking the value of data through broad reliable deployment of machine learning and AI capability.
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AlphaX is the most advanced IoT engine ever imagined, powering smart decisions for engineers, scientists and government bodies