Remsense Technologies Limited · ASX:REM
Remsense Technologies — Investor Presentation (April 2023)
22 slides from Remsense Technologies's investor presentation, Apr 5, 2023
Slide 1: Investor Presentation – Entitlement Issue
RemSense Technologies Limited ASX:REM 5 April 2023 – Entitlement Issue Be There Without Going There Investor P resen tatio n RemSense Technologies Ltd 2023 ©
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by RemSense Technologies Limited (“Company”). This presentation may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prior written app
Slide 3: RemSense Primed for Growth
RemSense Primed for Growth Virtualplant - developed for industry to solve real industry challenges to improve knowledge, productivity and safety Established Tier 1 clients Established Global Partnerships Forecast Cash Flow positive in CY 2023 Established route to Global Market Implemented
Slide 4: Who We Are
WHO WE ARE We are a Digital Technology company engaged in industrial transformation using Digital Twins RemSense Technologies Ltd 2023 ©
Slide 5: Our people have years of extensive industrial experience with tier 1 clients
Our people have years of extensive industrial experience with tier 1 clients Chris Sutherland Steve Brown Ross Taylor N O N - EPX EOC U S TI I TV EI COHNA I R M A N MANAGING DIRECTOR AND CEO NON-EXECUTIVE DIRECTOR P O S I T I O N Anthony Roe Jillian Rosich Rory O'Connor Adrian Hollis CHIEF DIGITAL O
Slide 6: Industry Challenge
INDUSTRY CHALLANGE Employees lose almost Escalating costs and ESG two full working days each challenges managing week solving avoidable geographically distributed issues and searching for assets. project information.* * PlanGrid in partnership with management consulting firm FMI Corporation surveyed
Slide 7: Industry Challenges are Driving Global Digital Twin Market Demand
Industry O U R Challenges are Driving Global Digital Twin Market Demand P R O D U C T Forecast 5 year Growth Global Sector Drivers 80 73.5 • Healthcare sector 60 • Industries with growing focus on USD B 40 predictive maintenance 20 6.9 0 2022 2027 Applications • Predictive maintenance CAGR 60.6% • B
Slide 8: Our Answer
O U R P R O D U C T OUR ANSWER We have developed A photographic asset visualisation platform that fulfills the promise of VR/AI technology as a digital representation of plant assets (digital twin) that integrates with existing business operations and asset management systems to deliver greater prod
Slide 9: Watch the Video
Watch the Video Click Screen to view Video on YouTube RemSense Technologies Ltd 2023 © RemSense Technologies Ltd 2022 ©
Slide 10: Why virtualplant excites end users and asset management software providers
Why does excite end users and asset management software providers providers “We are really excited by the development of the integration of virtualplant to the IBM MAS suite of Applications, the visualisation of assets will provide immense value to our clients and creates a unique experience to navi
Slide 11: The Problem: forms-based versus intuitive visual interface
T H E P R O B L E M Forms based Intuitive visual interface Lacks accuracy Minimal training Hard to navigate siloed data One source of truth Intensive training required Interface to existing systems Difficult to get complete picture Data Silos opened and accessible RemSense Technologies Ltd 2023 ©
Slide 12: Our Product
O U R P R O D U C T • Anywhere, Anytime on Any device • Developed, tested and operating in real world environments • AWS certified software • Relevant for any industry sector with a distributed asset base • Simplify collaboration across geographically dispersed and multi-function teams • IP owned by
Slide 13: Automated asset identification and link to existing client systems
Automated asset High Resolution identification and link to photogrammic digital twin existing client systems Automated corrosion detection IoT (Internet of things) data integration Secure external access for contractors and partners RemSense Technologies Ltd 2023 ©
Slide 14: Partnerships, Strategy, Growth
We have significant opportunities MILESTONES ACHIEVED: Partnerships Strategy Growth RemSense Technologies Ltd 2023 ©
Slide 15: Partnerships
MILESTONE ACHIEVED: Partnerships In 2022 we started partnering and integrating with global industrial asset management and analytics system providers including IBM. Opportunities for virtualplant are exponentially larger than anticipated. Partners provide Global Route to Market RemSense Technologies
Slide 16: Initial focus on IBM Partnership
Initial focus on IBM Partnership FULL SUPPORT AGREED ACTIONS CORROSION DETECTION Agreements and strategy signed. Jan - March 23: complete pilot programs and Agreed as first analytics product target. IBM Pilot programs underway. integrations, build marketing stories. intend to also target SAP clients
Slide 17: Opportunity
Opportunity IBM & SAP –Enterprise Asset Management 40% $5B Scanning $150k ea $675M 29% SaaS $96k ea $432M pa market share Analytics $50k ea $225M pa 4,500 global users Opportunity $3,960M GLOBAL EAM MARKET TOTAL MARKET SIZE (5YEARS)* 10% Scanning SaaS $150k ea $225 M $96k ea $144M pa market share An
Slide 18: Strategy
MILESTONE ACHIEVED: Strategy We evolved our business strategy to match opportunities Redirected resources to Refreshed the marketing Developed new features to Reorganised and develop as a fully certified strategy to give greater features to extend the restructured the business enterprise grade solut
Slide 19: Growth
MILESTONE ACHIEVED: Growth R E F I N E P L A T F O R M U S E R G R O W T H Tier 1 clients utilising Prosecuting 77 qualified Pilot programs active across Global partnerships with virtualplant: direct sales opportunities in market sectors: major asset management - Woodside Energy - full SaaS Australi
Slide 20: Revenue Model
Revenue Model IN ITIA L S ET U P A N N UA L R EC U R R IN G S ite S canning S aaS Fees $50k to $550k $96k p er asset Integ ratio n with client Up d ated S canning system $25k to $250k p er asset $> 50k A nalytics $50k Typical subject to asset size, number of assets and requested optional features Va
Slide 21: Rights Offer Information
Rights Offer Information* Rights Offer Offer Price per Share $0.075 Schedule Highlights Offer Price per $0.15 Option $0.00 Ex date 6 April 23 Entitlement Ratio (based on existing Shares) 1:3 Entitlement Date 11 April 23 Shares currently on issue 91,099,465 Offer Opens 14 April 23 Shares available un
Slide 22: Be There Without Going There
C O N T A C T Be There Without Going There There Suit 173, Level 4, 580 Hay Street - rem@remsense.com.au Perth, WA (08) 6118 5610 www.remsense.com.au RemSense Technologies Ltd 2023 ©
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