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Manufacturing Technology Insights | Wednesday, September 02, 2020
sensemetrics Inc. has launched a customized IIoT solution that provides mining companies and their insurers real-time, end-to-end Tailings Storage Facilities (TSF) insights.
FREMONT, CA: sensemetrics Inc. is a worldwide Industrial IoT (IIoT) and cloud technology organization. The company is transforming sensor data into real-time business intelligence. The organization has recently launched a customized IIoT solution that provides mining companies and their insurers real-time, end-to-end Tailings Storage Facilities (TSF) insights.
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Available all around the world, the solution provides safety and reduces risk across the entire TSF lifecycle. It also offers the mine operators unique access to real-time information and analytics for continuous and complete surveillance across TSF construction, operation, and closure phases. The solution also provides various new features designed explicitly for reinsurers and primary insurers to empower them with vital insights. It will help them in technical risk underwriting and accomplish a level of end-to-end TSF assessment, which is not available in the mining industry, according to Alex Pienaar, Director of Mining, sensemetrics.
With the latest offerings, the company has taken its core IIoT IP and customized it. It is done to address the long-standing and highly perilous TSF risk and safety challenges by offering the mining company customers and the reinsurers and primary insurers who work with them a level of data transparency and actionable information, which they have not witnessed earlier. Now, both the parties can work together to accomplish a shared outcome by utilizing their best-in-class technology to obtain insight into what matters most to the businesses. It is also a thrilling moment at sensemetrics to support the customers and their business partners in developing a safer, more prosperous future.
New customized elements for insurers and reinsurers consists:
A remote sensing module offers a dashboard display of TSF performance operated through spatially dense datasets from the ground and satellite-based systems. The system offers insurers deep insights into comprehensive risk assessment parameters.
A secure Application Programming Interface (API) offers a single interface to exchange real-time and historical sensor data between the sensemetrics platform and in-house data analytics engines. It can be maintained by insurers, facilitating continuous and transparent information flow among evert organizations included in the risk mitigation.
Native iOS and Android mobile apps help to optimize field activities, unified data aggregation, and visibility of TSF performance. These are the essential factors to maintain while managing operational risk.
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