ONYX InSight gains significant market share in Australia a year on from first office opening.
Brisbane, 22nd February 2021 – ONYX InSight, a leading provider of data analytics and engineering expertise to the global wind industry, has cemented its presence in Asia-Pacific (APAC) region, following demonstrable success of its Brisbane office after its first year of operations. Joining offices in Chennai and Seoul, Brisbane marks the third regional hub for APAC, serving as a base to deliver its flexible, full-service offer in support of the growing wind energy industry across Australia and New Zealand.
With OEMs accounting for almost half of the service market in Australia and New Zealand, demand is high for independent service providers (ISPs) who can bring a tech-agnostic approach to data analytics in order to drive greater turbine performance and increased returns on investment.
Recognising this challenge, ONYX InSight has developed significant partnerships in the Australia/New Zealand region, resulting in a 15% market share for software and 10% share for hardware, through the successful installation of its pioneering advanced sensing technology, ecoCMS, and roll out of its condition monitoring software platform fleetMONITOR, complete with user-training. This has been bolstered with 4G communications for the simplification of data transfer, enabling greater access to a broader turbine network.
The consolidation of advanced data sensing technology and monitoring software has been instrumental in identifying machinery faults sooner, leading to improved predictive maintenance plans. With longer lead times of 6 – 12 months to plan for repairs, owners and operators are better placed to optimise maintenance strategies and streamline procurement.
Hiren Limbachiya , Regional Manager for ONYX Australia , said
“We are proud to be supporting the increased share of renewables within the APAC energy mix, in line with the climate change targets. Our physical presence in Australia over the last year has already made a significant impact in our ability to support our local partners, enabling us to provide on the ground support and training in-line with our advanced monitoring services.”
“With our current monitoring capacity upwards of 370MW across Australia and New Zealand growing, we are continuing to support asset owners to better manage their projects through the modernisation of equipment in order to extract better quality data. Joining up the dots between the existing and improved data with the latest in predictive analytics software will enable owners and operators to get ahead of machinery failures to ensure that fleets continue to operate at peak efficiency and profitability.”