Brisbane – Former PanAust managing director and resources industry veteran Dr Fred Hess has been appointed a non-executive director of Brisbane-based MPX (Mining Projects Accelerator).
MPX is a project generator that uses cutting edge artificial intelligence and machine learning information, combined with traditional exploration techniques to accelerate the identification of drill targets on prospective mining leases in Australia.
Dr Hess had been with PanAust for 13 years including four as managing director. Prior to joining PanAust, Fred managed the Macreas Gold Mine in New Zealand and the Mt Gordon Copper Mine in Australia following a career with WMC Resources and Bougainville Copper Limited in Papua New Guinea.
He will take up his appointment in April.
MPX Executive Director Grant Wechsel said, “Dr Hess joins MPX with over 30 years experience in the industry across copper, nickel and gold operations including assessing project opportunities and exploration programs, through to developing operating mines, which will be a huge asset for the MPXteam.”
Established by Ortus Mining Capital with interests in Singapore, Laos and Australia, MPX’s strategy is to accelerate high potential mining projects along the value curve using robust technical analysis, proven leadership teams and astute capital raising programs.
MPX is currently building a stable of projects within the accelerator having secured a number of promising leases already and some strong prospects across different commodities in Australia.
Fred Hess said, “I’m very attracted to the idea of trying to accelerate the identification and development of an economic ore deposit by rapidly screening multiple project opportunities. By selectively gathering data that can quickly inform the decision to continue to invest or discard, this helps to spread risk for investors while maximising the chances for success.
“I see the ‘accelerator’ approach using the latest advances in information technology as the new way forward for exploration. I look forward to providing strategic direction to the company through both the project filtering and subsequent development phases.”
MPX Executive Director Simon Cohn said, “The traditional time frames to discover new projects and accelerate them to development and ultimately production is leaving a future gap on the supply side in the gold industry.
“We believe the use of technology to better identify targets and also continue to analyse drilling results combined with a laser focus by management on only taking suitable projects forward is a very real point of difference in the Australian market.
“Having someone of Fred’s standing in the industry to advise on project selection and strategy is a huge benefit for us and we look forward to working with him.”
The MPX board is targeting a mid-2019 launch by completing a fully funded initial capital raising. It is proposed that the accelerator will launch with 6-10 projects initially and that this will be progressively augmented by further additions.
BRISBANE – Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced today that it has completed the acquisition of Sentral Education in Australia, further expanding its educational market capabilities.
The cloud-based school management platform streamlines school administration, student management and data management. The acquisition will accelerate product enhancement and development for schools using Sentral’s school management platform and aligns well with Global Payments technology-enabled, software driven payments strategy.
“We are excited to be a part of the Global Payments team,” said Greg Coffey, General Manager of Sentral Education. “It will be business as usual for our clients. Sentral’s core values, vision and customer centric approach continue to be at the heart of our future operations and strategy. Sentral is dedicated to providing market-leading school management software and we look forward to introducing additional innovation and further enhancing our platform.”
“We are delighted to welcome Sentral Education to Global Payments,” said Mark Healy, Managing Director of Global Payments Australia and New Zealand. “Sentral was founded and run by a group of truly passionate individuals who are dedicated to making schools better. Software integration is at the core of our businesses and Sentral will benefit from the global expertise we have not just in payments, but in school management solutions. The acquisition aligns perfectly with our strategy of providing market leading software and great user experiences in technology solutions and payments.”
Families from all over Ipswich and Springfield flocked to Torhaven, Defence Housing Australia’s (DHA) latest development in Deebing Heights for a free family fun day, celebrating the opening of a new $2 million dollar park.
On Saturday, February 9, Torhaven Park played host to more than 600 members of the community who enjoyed family-friendly entertainment, free food and treats. Children were delighted to play in Torhaven’s new adventure playground featuring slides, swings, spinami and a treehouse network connected by rope bridges, climbing frames and rock climbing walls.
There was also a visit from the Queensland Fire Service from Ripley who come along to show all the children their fire truck and let them spray water out of the fire hose.
DHA’s Development Manager Meaghan O’Shea said the event was a great success at showcasing the new parklands as a fabulous space for families to come together in Deebing Heights.
“It was important for us to let the Deebing Heights community know that while the park is a part of our Torhaven project, everyone in the broader area can enjoy the benefits it provides,” she said.
“This event is the first of many community activites planned. We have put together a calendar of events to be held at Torhaven Park for the whole community to enjoy, including community BBQs, a Halloween ‘trick or treat’ trail and a Christmas party.”
Torhaven’s parklands are a natural landscape spanning 22,000 square metres of sculpted gardens, open green space and intricately designed wetlands. Torhaven Park features an exciting treehouse network with rope bridges, climbing frames and rock climbing walls. Children can enjoy the seesaw, spinami, hoop carousel, multi-swing and mounded slippery slides.
Located off Andy Way, Deebing Heights, the parklands provide an oasis for birdlife with a wetland full of native plants and trees. The area was designed to mimic natural waterways, including shaded creek beds and riverbanks constructed out of boulders sourced from the site.
Torhaven is a beautiful new parkland community occupying one of Deebing Heights’ most appealing, elevated locations. Spanning 27 hectares with over 20 per cent green space, Torhaven is being developed by Defence Housing Australia and marketed by Oliver Hume. When complete, Torhaven will comprise 294 home sites and two major parklands. The first stage of 96 lots is now complete with over 70 per cent of retail lots sold, and new homes now under construction. Another 11 lots in stage two have just been released for sale to the public.
After acquiring the site in 2018 and launching the project in January this year, the current works will cover the first two stages of development and will be undertaken by civil contractor CCA Winslow, which won the high-value contract late last year.
Orchard Property Group Managing Director Brent Hailey said it was exciting to finally see some action take place on the Pebble Creek site after several months of planning.
“The beginning of on-site activity fills us with excitement and we cannot wait to finish this work so we can start providing affordable, comfortable and stylish housing options to the area and commence building a real community,” he said.
“Encouragingly we have already received significant sales enquiries and are already looking forward to welcoming our first residents in early 2020.”
The initial civil works for the project include the upgrading of Mountain Ridge Road from Teviot Road to the site entry, as well as construction of the entry road and bridge to connect Pebble Creek to Mountain Ridge Road. The work will also include the first 93 lots of the overall 650-lot development.
“This construction is not only a milestone for Pebble Creek but a major step forward in the continued growth of the region,” Mr Hailey said.
“The surrounding area is currently being developed, with new retail offerings being built and education and employment opportunities becoming available, but the end result is still far into the future which gives us a chance to be a part of the creation of this amazing new development area.
“We’re excited to be a catalyst for activity in South East Queensland.”
Pebble Creek’s positioning in South Maclean creates a significant contribution to the Greater Flagstone PDA, which covers an area of more than 7,000 hectares in Logan City and runs along the Brisbane-Sydney rail line, 40 kilometres from Brisbane’s CBD.
The PDA was declared in 2010 after the Queensland Government identified the area as a significant job and industry growth area in South East Queensland’s south-west growth corridor. And while already a significant regional centre, the Greater Flagstone PDA is expected to experience an influx of residents thanks to Queensland’s growing local population and continuous interstate migration.
The PDA, when complete, is expected to provide retail, transport, education and employment as well as approximately 50,000 dwellings to cater to a population of up to 120,000 people.
Mr Hailey said Orchard Property Group were up to the challenge of providing a vibrant, sustainable community for Queensland’s growing population and the future prominence of the area.
“As we continue works on Pebble Creek, so too will the area around us evolve, and we’re confident that our efforts will produce the area’s prime residential community.
Pebble Creek’s construction and development will continue over the next five years and include the addition of more lots and a district park, which will provide future residents with more than nine hectares of parkland, playground and open space.
Current civil works will be completed in late 2019, making way for the community’s first settlements.
National developer and home builder Tribeca Homes has introduced two stunning new turnkey home designs in the highly successful Otto Estate at Coomera, with buyers able to move into their new home within 6 months of purchasing.
The release of the new architecturally-designed homes mark the launch of Otto Estate’s final stage, and Tribeca’s overall commitment to deliver 101 contemporary homes on one of the highest points in Coomera along Foxwell Road, just minutes from the Coomera train station and the recently opened Westfield within the Town Centre precinct.
Priced from $479,980, the new Otto Estate homes will blend comfort with style due to a mixture of traditional and contemporary features. Buyers have the opportunity to select the façade and house design that best suits their lifestyle and the blocks of land available in the final stage, which range from 314m2 to 726m2.
While each house will provide its own unique façade, floorplan and features, every resident at Otto Estate will find all the lifestyle essentials featured in their home as a standard Tribeca offering, including a driveway, landscaping, fencing, blinds and high ceilings at no extra cost.
Tribeca General Manager- Sales & Markets David Kozik said Otto Estate’s final stage is due to be registered in the next few weeks, meaning buyers can see construction start on their new home as soon as they purchase and settle their lot.
“Otto Estate Stage 1 was a huge success for us when we completed the first stage in 2015, and now with long standing infrastructure and amenities becoming a reality, Coomera’s popularity is soaring.
“That means that the offerings continue to appeal strongly to buyers who see the enormous potential in the area for their future,” he said.
Mr Kozik said Otto Estate was a testament to Tribeca’s core property development values.
“We are providing people with homes, which is a huge responsibility. That is why we ensure we deliver nothing less than intuitive designs, enduring value and offer a simple and easy buying experience,” he said.
“As a high quality fixed price turnkey builder and land developer, our commitment is to deliver a fully completed high quality product to our clients, including the estate amenities such as the new central community park, the roads and civil works.
“Our new homes can be suitably completed within 6 months of buyers settling on a new lot, giving them the opportunity to start a new chapter of their lives by simply opening the front door,” Mr Kozik said.
Property services group Oliver Hume has been appointed as the sales and marketing agent for the final stage.
Oliver Hume’s General Manager Matt Barr said the project would meet demand for turnkey homes with land lots registered and builders ready to go, instead of waiting months for a site to be ready and then having to start the building process.
Otto Estate’s new homes are all within 150 metres to more than 11,000sqm of green space, featuring communal barbeques and a central community park.
The community is also complemented by the its location within Coomera. Tribeca has positioned their Otto Estate minutes from the Pacific Motorway, making travelling to either Brisbane or the Gold Coast easy. It is also only a two minute drive from Westfield Coomera and the Coomera train station. The Coomera East Shopping Centre and Coomera State High School (opening in 2020) are both less than one kilometre away.
Otto Estate is also only minutes away from several other schools and Griffith University, making the new homes suitable for growing families.
Mr Barr said the latest lots available in Coomera provided great value for buyers looking for property in Queensland.
“Otto Estate’s final stage is a golden opportunity not only for its lifestyle but the value being created in the surrounding area,” he said.
“The local population is expected to soar by more than 600% over the next 20 years, which means demand will continue to rise in Coomera, while around $1 billion is being invested nearby in the Coomera Town Centre as well as $500 million in local infrastructure.
“This level of investment will go a long way in creating jobs and opportunities for the community.”
Tribeca’s display homes can be inspected at 361 Foxwell Road, Coomera (entry via Henry Street).
Tribeca has offices in Sydney, Melbourne, Brisbane and the Gold Coast. Over the past decade it has delivered more than 5000 homes worth $1.1 billion in developed value across Queensland, NSW and Victoria. Tribeca was founded in 2007 as a residential construction company and has now become a leading residential land development and home building business in Australia.
Providence South Ripley has become the first masterplanned residential community to partner with Nature Play Queensland (natureplayqld.org.au) as part of a comprehensive initiative to get kids off the couch, off their devices and back out into the great outdoors.
This partnership will help shape Providence into a place for children to play freely outdoors and was launched at a community Playbourhood Day today (January 23) where local kids enjoyed a host of outdoor games and cubby house building.
Providence is the largest masterplanned community in the Ripley Valley with nearly 700 families now calling the estate home.
Nature Play Queensland’s mission is to increase the time Queensland kids spend in unstructured play outdoors and in nature. It is founded on the understanding that unstructured play outdoors – nature play – is fundamental to a full and healthy childhood.
Nature play promotes a range of health benefits, including cognitive, social and emotional development, and builds resilience and creativity. Experiences in nature as a child also leads to environmental awareness and stewardship later in life.
Providence Project Director Michael Khan said the project was proud to be the first property development to form a partnership with Nature Play Queensland.
“Providence has always been about families and one of the things we hear from our community is about the challenges of getting kids out of the house to enjoy the outdoors,” he said. “We have amazing parks, paths and playgrounds but need to do more to teach children about the value of unstructured, outdoor play.”
“Importantly, when you come into a community and you can see children outdoors playing, you know that it’s a safe, happy and connected community.
He said Providence’s partnership with Nature Play Queensland would lead to a more proactive approach to integrating the principles of nature play into in the designs of parks and streets and the delivery of community activities and events.
There are a number of ways communities can be designed to encourage nature play, including;
· Promoting walkability – ensuring pedestrian paths and cycleways linking throughout the community.
· Welcoming front yard – front yard design helps bring back traditional neighbourhood connections as it enables people to say hello as they walk past, for kids to make friends and find playmates and to create a feeling of openness and connection.
· Open space – Maximising open and community places and spaces for playing and connecting.
· Safe streets – designing streets that are safer for kids by reducing speeding and ensuring kids can play and connect and neighbours can walk and socialize.
· Masterplanning – ensuring residential areas are well connected to community facilities like parks, schools and shops to encourage walkability and connection
Nature Play QLD Program Manager, Hyahno Moser, said the partnership was an important step toward prioritising the health and well-being of children in local neighbourhoods.
“Since Nature Play QLD launched we have been working with communities’ right across the state addressing rising concerns around the health and well-being issues associated with children’s inactivity,” Mr Moser said.
“Providence South Ripley is the first masterplanned residential community in Queensland to prioritise children’s play and we applaud them for applying Nature Play principals to create better play experiences for local children, helping parents raise resilient, happy and healthy kids in the digital age.”
“We hope this partnership inspires other communities to prioritise children’s play and create opportunities for kids to get off their screens and return to playing outside.”
Brisbane’s southwest growth corridor is set for a new wave of growth after the launch of a new 650-lot, $120 million residential community in the heart of the Greater Flagstone Priority Development Area (PDA).
Orchard Property Group’s 53ha Pebble Creek South Maclean project hit the market with stage 1 comprising 46 lots starting from $149,000. Lots in the first stage range from 280sqm to 516 sqm (average 350sqm) and frontages of 10-16 metres.
The centrepiece of the project will be a major new 9.4ha, $3 million regional park comprising a multi-purpose sporting field, basketball court, outdoor ping pong table, adventure playground, dog off leash area and learn to ride precinct.
The new park will wind along Flagstone Creek with the developer set to undertake extensive remediation and revegetation along the creek to create a family-friendly destination.
Major civil works on the community have now commenced, including construction of a new $4 million bridge over the creek that will link the project to Mountain Ridge Road, South Maclean.
Orchard Property Group Managing Director Brent Hailey said Pebble Creek would provide a fresh, new option for buyers in the fast-growing Flagstone region.
“The Greater Flagstone PDA has begun to build momentum over recent years, and we think it will be one of Queensland’s fastest growing areas over coming years as the nearby employment hubs really kick into gear,” he said.
“With Queensland experiencing strong interstate migration and a rapidly growing population and with Pebble Creek set to provide some of the most affordable land in the country close to a capital city and secondary employment hubs, we are confident the project will be a huge success.”
Mr Hailey said the new $3 million park would be a great asset for the entire South Maclean community.
“With the project nestled along the banks of Flagstone Creek, we had a unique opportunity to create an outdoor recreation and adventure destination that would be unmatched in the area and provide options for people of all ages,” he said.
While the built form of the park will entice visitors, park designer Dean Butcher of SLR Consulting said nature would be an integral part of the experience.
He said vegetation and ecology would be blended into every aspect of the park in order to prevent the feeling of over-urbanisation, and instead give residents and visitors the feeling of “being one with nature”.
“The playground, for example, is positioned so it feels like it is nestled within the trees and the picnic facilities are integrated with enough vegetation to provide plenty of natural shade,” he said. “A section of the park has also been allocated for rehabilitation and feature planting, providing a section that will one day reflect a time of uninterrupted forestry.
“The layout will embody the whole natural movement of water into the design, from linked facilities right down to the meandering pathway that is reminiscent of the flowing creek.”
Pebble Creek will be Orchard’s largest project to date and comes after the successful completion late last year of PineVue @ Maudsland (110 lots) and The Rise @ Thornlands (156 lots). Other completed Orchard projects include the $105 million Silkwood at Mount Cotton, Park Central @ Oxenford and The Outlook @ Oxenford.
Located just north of Jimboomba and 45 minutes drive from Brisbane, South Maclean is one of a number of suburbs in the area that is undergoing transformative growth thanks to a comprehensive masterplan as a result of its designation as a Priority Development Area (PDA) by the Queensland Government.
The Greater Flagstone PDA was declared in 2010 and covers a total area of 7,188 hectares. It is located west of Jimboomba and the Mount Lindesay Highway, along the Brisbane-Sydney rail line. It is immediately north of the Bromelton State Development Area.
When fully developed it is anticipated that the Greater Flagstone PDA will provide approximately 50,000 dwellings to house a population of up to 120,000 people.
Existing employment hubs at Park Ridge and Logan Central and proposed economic development at North Maclean, Bromelton and within the adjoining Flagstone Town Centre will provide a range of job opportunities.
Mineral explorers are now able to reap the benefits of using artificial intelligence and machine learning to analyse large amounts of geological data in identifying possible mineral deposits with the launch to market of a new data analytics solution.
Brisbane-based analytics and technology company Orefox has begun working with Mining Projects Accelerator (MPX) in assessing data identification of drill targets on prospective gold and copper targets in Australia.
Orefox is the company commercialising the research undertaken by Quantum Geology on Artificial Intelligence and deep learning driving ore discoveries.
Orefox founder and CEO Warwick Anderson said it was satisfying to bring the offering to market after several years of research and development culminating in securing MPX as a foundation client.
“We’ve developed a system that utilises a hybrid artificial intelligence capability to analyse huge amounts of geological data and then collate patterns in that data,” Mr Anderson said.
“The patterns uncovered by this process are patterns that a human geologist could never see as the datasets are simply too large and complex for a person to make sense of.
“We are delighted that MPX, who are the foundation client for Orefox, could see that this technology can accelerate the discovery of new ore deposits for them.”
Orefox has participated in the Unearthed Accelerator Program. Parent company Quantum Geology also counts Queensland University of Technology (QUT) as a shareholder through their QUT Bluebox company. QUT Bluebox is the innovation, venture and investment company for the university.
At a time when mining investment is rising and the need for new discoveries to meet future demand is high, Orefox is providing these services to market not to replace traditional exploration, but to work with client’s geology teams to accelerate the discoveries.
“Our mission is to put our clients at the centre of geological data science innovation, allowing them to make bigger mineral deposit discoveries, faster,” Mr Anderson said.
MPX Co-founder and Director Grant Wechsel said the technology had the potential to help fast track the development of suitable projects.
“We believe heavily in the use of this technology from Orefox to help us analyse data and more accurately identify drill targets, which will help us focus on moving suitable projects forward in an accelerated time frame,” Mr Wechsel said.
Orefox has officially launched to market after Mr Anderson spoke at the Geological Survey of Queensland’s Digging Deeper 2018 forum and announced the commercialisation of the Quantum Geology research.
In addition to their founding client, Orefox is speaking with a number of ASX-listed companies about providing services and welcomes enquiry from other interested parties.
About Orefox. Orefox works with mining companies to put them at the center of geological data science innovation. Our artificial intelligence and machine learning allows companies to increase efficiency and success in finding new ore deposits. www.orefox.com
Platform-as-a-Service startup Mercury Commerce has released its first self-developed product to the market, with the launch of the Hire My Trailer app and website.
After nearly 12 months of beta and in-market testing Gold Coast based Mercury will be rolling out the fully featured Hire My Trailer platform in key markets across Australia over coming months.
Hire My Trailer was developed to demonstrate the efficacy of Mercury’s instant hire platform that allows any business or industry with excess equipment to generate an income by renting it out.
Founder Nick Milillo said the Mercury platform could be white-labelled and allows businesses to simply feed in their inventory and market to customers.
“Any business that has idle equipment can now rent it out quickly and efficiently and turn something that is costing money to do nothing into a revenue,” he said.
The Hire My Trailer business was created to test and market the platform and enables person to person trailer rental, by putting under-utilised trailers to good use.
“Hire My Trailer was born from the observation that just about every street in Australia had a least one house with a trailer sitting idle in the yard or carport,” Mr Milillo said.
“At the same time you have people utilising expensive, short term hires to take a couple of loads of rubbish to the dump.
“Hire My Trailer provides a cost effective way for people to hire a trailer while giving owners the opportunity to offset some of the cost of ownership.”
“Renters of Trailers will no longer need to drive kilometres to find their mainstream hire company, reducing time and effort whilst also reducing the cost of the hire.”
The platform allows people to upload their trailer for hire via an app, receive bookings, pre-payments, rental agreements, bond and payments. No cash is exchanged with an electronic rental agreement ensuring both the renter and the hirer are protected.
The process for trailer hirer is as simple as putting your location into the app, choosing a trailer and booking. Once the owner accepts the booking the fee is charged to a credit card via secure payment provider.
Ten years ago most people operating in Australia’s trade services industry were still scribbling quotes, invoices and their daily schedule on the back of any scrap of paper they could find. It was chaotic, inefficient and costly.
Move forward a decade and many, if not the majority, of these businesses are now utilising complex cloud-based technologies to manage their businesses, allowing them to get on with the job they are paid to do. From accounting to job management, MR and quoting, most administrative jobs can now be done easily and simply.
While many are still bedding down this first wave of change, a new wave is about to hit. The second phase of the trade services digital revolution, the Internet of Things (IoT) age, could have an even more profound impact on the way the entire industry operates. For those businesses that embrace the opportunity it will be a pathway to growth and prosperity.
Those that resist will be very quickly left behind.
In its simplest form, IoT refers to the interaction between machines which are connected to the internet. When the digital age first took off, technology was still dependent on physical input; machines still needed a human being at the helm. Today, IoT represents the next stage of digital evolution. Human-to-machine interaction has been streamlined with an online network that processes data and allows sensors or devices with an internet connection to speak to each other and perform automated functions.
One of the biggest barriers preventing some trade service companies from getting on board is a lingering confusion about what IoT means for their business.
In the trade service industry, IoT can be seen when a technician synchronises their job calendars to track appointments, prioritise projects and plan best routes. An example of this is where simPRO assisted Swissport and Thermacell in improving it’s facilities management capability at England’s Luton Airport through installation of simPRO’s IoT hardware and software solutions. With simPRO IoT, the airport established sensors that monitored the performance of its lounge air conditioners remotely in near real time, and automatically received alerts in response to anomalies.
The applications are various and can be applied to many different sectors. For example, IoT can assist fire safety technicians through sensors in a fire detection or sprinkler system, which then monitors and reports back the current state of the equipment they are tasked to keep an eye on. In the security sector, IoT allows real-time viewing of security cameras from devices connected to the internet, allowing clients to view live footage of their home or business anywhere, at any time and on different devices.
Of course, there will always be those who think IoT is nothing more than a gimmick, and an unnecessary disruption in technology development that will only make life and business more difficult. There may be business owners out there who believe that IoT is an extravagant and unjustifiable expense, and that IoT systems will likely die down to serve a niche market.
Those that accept the disruption will be those who prosper from the adoption.
A recent report commissioned by the Australian Computer Society (ACS) revealed that there is much to gain from IoT, as it currently presents a $30 billion opportunity for Australia’s tech sector by 2023, with IoT hardware, software, solutions and communications systems presenting unprecedented growth rate prospects.
At this point, being left behind by not embracing IoT is not a risk; it’s a certainty. But why risk it? IoT has the potential to streamline business processes, increase productivity and produce logical and data-driven solutions that consistently help to achieve goals. Trade businesses that adopt IoT are effectively future proofing their operations with strong competitive advantagelike real-time productivity and energy monitoring of machinery, as well as tracking of key maintenance indicators to predict and prevent failure provide real-time inventory of inputs. It also allows businesses to communicate with supply chain and factory operations and monitor real-time tracking of outputs, allowing for quality assurance to be performed in real time as well as status and location tracking of goods.
At simPRO we have seen how IoT systems can help trade businesses across the spectrum, from ambitious niche startups to globalised industrial companies. It facilitates machine learning and automation that can help those small businesses explore new growth opportunities, and larger businesses to stay competitive in the market for for longer.
No matter their size, trade service businesses are able to use IoT systems to respond more quickly to competition and customer’s demands and volatile market conditions. It can provide real-time insights into trends, creating opportunities to alter production activity, fine-tune strategies or find alternatives that saves a business cost and time. Essentially, machines that are connected and able to share data allow business owners the luxury of spending less time wondering and more time taking action.
The truth is that IoT is already making a significant impression on Australia’s economy. Manufacturing, for example, is expected to achieve potential benefits of $50 to $88 billion, according to ACS’s IoT report.
IoT systems are certain to change the way service scheduling is completed and therefore we all must be prepared for new styles of service agreements, scheduling and task related activity. This means the time is now for businesses to consider the following preparations for a world where IoT makes significant industry contributions.
Plan. IoT systems are rapidly changing how we do things but a business still needs to have a clear direction. Identify where your business uses the most resources or requires the most time and effort. Pinpoint opportunities where a process can be streamlined, and consider whether these areas could be improved by automated systems and an IoT network.
Security. Cyber security is one barrier keeping many businesses away from connecting to IoT. While there is certainly an ever-present risk to online data, a growing IoT presence means a greater acknowledgement of online safety. Technicians are constantly developing new ways of protecting data and the integrity of IoT system, so be sure to keep up to date with the latest security developments.
Invest in the infrastructure. It’s no use committing to a new age of industry when the office is filled with lock-and-key filing cabinets. IoT systems require an efficient flow of data and therefore require suitable hardware, including internet ports, hard drives, strong connection speeds and modern interfaces. The good news is that simPRO IoT can be retrofitted to existing systems with little effort and no extra cost.
Peter Darley has been appointed General Manager Australia for fast-growing SaaS business simPRO. He joins simPRO with a strong background in sales, marketing and operations in field service industries, events, broadcasting and information technology. Mr Darley joined simPRO from Schindler Lifts where he was National Sales Manager, Repair and Digital Services, where he oversaw a number of complex digital implementation projects as well as developing new product development sales and marketing for Schindler’s Internet of Things (Iot) strategy. He also previously held positions with Wesfarmers and OTIS.