Remsense Technologies Limited · ASX:REM
Remsense Technologies — Investor Presentation (October 2022)
24 slides from Remsense Technologies's investor presentation, Oct 13, 2022
Slide 1: Investor Update Presentation
For personal use only RemSense Technologies Limited ASX: REM Investor Update Presentation 13 October 2022 RemSense Technologies Ltd 2022 © 1
Slide 2: Disclaimer
Disclaimer For personal use only 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 wit
Slide 3: Introduction
Introduction For personal use only • Developed virtualplant initially under contract from Woodside Energy • Visualise assets anywhere, anytime on any device • IP Owned by RemSense • Refined and developed over 3 years • Relevant for any industry sector with a distributed asset base • Expanded global
Slide 4: Why participate in the SPP
Why participate in the SPP • RemSense has developed virtualplant a unique real world digital twin environment focusing on asset For personal use only intensive industrial applications. • RemSense is building a credible and sustainable business by successfully targeting strategic partners and engagin
Slide 5: We have significantly expanded the opportunity
We have significantly expanded the opportunity • RemSense in early 2022, realised that through partnering and integrating with global industrial asset For personal use only management and analytics system providers such as IBM that the opportunities for our digital twin solution were exponentially l
Slide 6: Foundations Built and Strengthened
Foundations Built and Strengthened • has been redesigned and certified on Amazon Web Services (AWS) to easily and safely interface For personal use only with client and partner systems. • now integrates with IBM’s asset management system Maximo (MAS) with IBM demonstrating the integration to industr
Slide 7: Opportunity Update
Opportunity Update • RemSense has 71 specific opportunities ($11.4m in year 1 value) in various stages of For personal use only development at present and a number of pilot programs are active or being proposed to local WA based industrial companies. • In the last 6 months, RemSense has commenced de
Slide 8: Estimated Total Market Size – IBM Maximo Users
Estimated Total Market Size – IBM Maximo Users For personal use only Estimated Global Users in Global Enterprise Asset Partner Benefits for RemSense Relevant Sectors Management System • Credibility Penetration • RemSense has access to IBM’s global market for Maximo and their incentivised sales teams
Slide 9: Estimated Total Market Size - Australian Oil and Gas
Estimated Total Market Size - Australian Oil and Gas For personal use only Oil and Gas Companies Revenue Generated 2020 Numbers of offshore assets $62.1B Operating 21 139 Operating Expenditure 2020 108 $ 56.27B Number of LNG Trains Data Capture Market Annual Analytics Market Total Market Size (5 yea
Slide 10: Estimated Total Market Size - Global Oil and Gas
Estimated Total Market Size - Global Oil and Gas For personal use only Oil and Gas Employees Revenue Generated 2020 Numbers of offshore assets $5.0T 2020 467 4.1M Operating Expenditure 2020 1,544 $ 625B Number of LNG Trains Data Capture Market Annual Analytics Market Total Market Size (5 year) Annua
Slide 11: Estimated Total Market Size - Australian Mining
Estimated Total Market Size - Australian Mining For personal use only Numbers of operating Mining Mining Companies Revenue Generated 2021 260k Major Fixed Plant Assets $342.3B Operating 626 Operating Expenditure 2020 1050 Employees $41.8B Data Capture Market Annual Analytics Market Total Market Size
Slide 12: Estimated Total Market Size - Global Mining
Estimated Total Market Size - Global Mining For personal use only Numbers of operating Mining Top 40 Revenue Generated 2021 Major Fixed Plant Assets 2.6M Mining Companies Listed $925B 3700 Top 40 Operating Expenditure 2021 6000+ Employees $633B Data Capture Market Annual Analytics Market Total Marke
Slide 13: Contact
Contact RemSense Technologies Limited For personal use only Suite 173, 580 Hay Street, PERTH WA 6000 (08) 6118 5610 rem@remsense.com.au www.remsense.com.au Steve Brown Managing Director and CEO steve.brown@remsense.com.au RemSense Technologies Ltd 2022 © 13
Slide 14: Appendix
Appendix For personal use only What is RemSense Technologies Ltd 2022 © 14
Slide 15: Industry is Changing
Industry is Changing Autonomous Sensors Activities For personal use only Digital Transformation seeking: • Reduced Operational Costs 15%-50% • Increased Plant Up time 10%-20% Edge computers • Access and control over complex and siloed data Predictive failure models Remotely monitored Expectation for
Slide 16: Digital Transformation Barrier
Digital Transformation Barrier Siloed Data and Information Production Inspection For personal use only Human-centric navigation tool Intuitive visual interface Safety Procurement Asset Management Use existing systems ✖ Complex and specialised Minimal training Accelerate digital transformation ✖ Requ
Slide 17: How do you see your assets?
How do you see your assets? Virtualplant is an asset visualisation platform that For personal use only provides the capability to remotely view and interact with your facilities via an intuitive, immersive experience. • High-resolution, photogrammic digital twin • Link to existing enterprise managem
Slide 18: Conventional Digital Twin
Conventional Digital Twin Precision Model Created from drawings, For personal use only laser scans and point clouds Rendered Computer rendered ‘As-Designed’ environment Computer generated User Driven – Training Needed interpretation Identify and trace plant Enables work planning based on systems ‘as
Slide 19: Digital Twin 4K 3D Photorealism
Digital Twin 4K 3D Photorealism Super-high resolution 3D For personal use only models highlight true site conditions Visual Digital Twin Visual digital twin enables employees to ‘walk the asset’ and plan work as if they were on-site Visual ways of working AI Detection Ties 1D and 2D data to 3D Autom
Slide 20: Integrates with Existing Solutions
Integrates with Existing Solutions For personal use only CONVENTIONAL DIGITAL TWIN Visual ways of working Computer generated Ties 1D and 2D data to 3D interpretation assets in an intuitive ‘As-Built’ Enables work planning based Asset knowledge transfer environment on ‘as designed’ model Use as a sta
Slide 21: Audit
Audit Automatically conduct asset audits and display them in virtualplant • Identification of asset components via existing Name Plate/Tag/Asset ID. For personal use only • Automatic digital tag creation within the digital twin enables geolocation of assets aligned to plant grid. • Audit “as found”
Slide 22: Navigator
Navigator Automatically locate assets that are tagged in virtualplant audit in seconds An intuitive User Interface that allows users to search and navigate to tagged assets and visualise them in For personal use only their physical environment • Search for any tagged asset at any level of virtualpla
Slide 23: Analytics
Analytics Curated Data Set enables accurate and repeatable automated analytics For personal use only • Structured photographic environment driven by image resolution and geospatial accuracy • Time based imaging within the data set • High level of detail enabling asset tag recognition • Integration o
Slide 24: Corrosion Analytics
Corrosion Analytics Automatically Extract Images Automatically Classify Asset Class (i.e. Automatically Grade Severity & For personal use only ‘With Corrosion’ Deck, Pipe, Structural, Non Structural Output Campaign Reports RemSense Technologies Ltd 2022 © 24
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