MOVUS and Denver team up to solve the connected assets challenge
MOVUS, the Australian developer and provider of continuous condition monitoring solution FitMachine, and global IT Solutions provider Denver, have announced a strategic partnership to automate the input of real-time asset condition data into Enterprise Asset Management systems like IBM Maximo.
Maintenance, reliability, production and operations managers can now access new data-driven insights on asset performance for faster decision-making.
The partnership is part of Denver's Asset Performance Solutions (APS) portfolio and completes the connected asset picture by bringing FitMachine data into business systems, allowing for better asset visibility, planning, management and optimisation.
Ultimately, it allows clients to realise the business opportunities of the IIoT and kickstart their Industry 4.0 journey.
MOVUS FitMachine is unique, as it supposedly builds a model for every asset; FitMachine collects real-time condition data and quickly learns "normal".
From then on, it monitors for subtle condition changes that are often the early warnings of more serious issues.
With extensive experience in complex industrial environments, Denver realised the value of FitMachine insights and brought to market cloud-based integration into asset management systems like IBM's Maximo, providing asset owners with full visibility into the health of their fixed assets and the ability to minimise unplanned downtime and production interruptions.
Denver CEO Raghav Mehra commented, "We continue to help Asset Intensive organisations drive operational improvements and efficiencies of their business systems.
"Our partnership with MOVUS is supporting our customers in connecting their assets to IBM's Maximo Asset Management software and provides unprecedented insights to drive improved asset management strategies.
MOVUS CEO Brad Parsons added on the opportunity with Denver, "MOVUS is very excited to partner with Denver, who have decades of asset-heavy industry experience and an offer complementary to ours. FitMachine is the missing component to a data-driven approach to industrial machine maintenance.
"This partnership is already helping our joint clients embark on a "connected assets" journey and is instrumental in consolidating FitMachine's leadership in the Australian marketplace."
