Member Spotlight: Predict Australia
Predict Australia has been involved in the CORE ecosystem for almost 5 years now and has recently moved its operations to CORE Innovation Hub Adelaide. Predict Australia helps companies unlock smarter maintenance decisions by delivering predictive data to optimise maintenance scheduling and reduce downtime.
By enabling the transition from reactive to predictive maintenance strategies, Predict Australia helps industrial organisations eliminate unexpected breakdowns, increase productivity, and significantly reduce operational costs while improving safety and sustainability. Predict’s strength lies in combining equipment physics with sensor data to provide real value across various heavy industry sectors.
The Problem
Industrial operations face significant operational challenges with equipment maintenance and reliability. Unplanned downtime for maintenance and repairs represents a major cost burden, with equipment failures causing production losses and substantial financial impact.
Traditional reactive maintenance approaches can lead to unexpected equipment breakdowns and costly emergency repairs, inefficient maintenance scheduling causing unnecessary downtime, high maintenance costs due to poor planning and reduced productivity and equipment availability.
Organisations that struggle to predict equipment failures, resulting in either premature maintenance or catastrophic breakdowns that could have been prevented.
The Solution
Predict have developed KASEM®, an end-to-end predictive maintenance solution combining physics-based engineering knowledge with real-time sensor data for accurate equipment analysis. The platform provides:
Real-time equipment health monitoring and visualization
Remaining useful life estimation for critical assets
Failure prediction and early fault detection
Root cause analysis for equipment malfunctions
Fleet and multi-site comparison for asset management