Use Cases: Inspire Global Ventures Fund
Digital Transformation
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IoT, Facilities Management and Sustainability
A premier provider of AI/IoT platforms and smart automation solutions with a focus on sustainability.
Specializing in edge data collection, sensor technology, asset data standardization, cloud computing, advanced analytics, and real-time machine learning, excelling in delivering seamless integration of IoT solutions across various sectors.
Company facilitates smart buildings, smart districts, and smart city initiatives, enhancing asset performance, availability, and utilization, ensuring sustainable and efficient operations.
Results:
Company unified IoT platform enables sustainability reducing energy costs, decreasing carbon footprint, optimizing manpower, providing detailed records and monitored equipment performance.
Companies realize a 40-50% reduction in building operational costs, 30-40% reduction in maintenance effort and 10-15% savings in energy consumption.
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Manufacturing: Food Automation, Sustainable Technology and IoT
AgTech venture that designs, builds, and operates large scale Controlled Environment Agriculture (CEA) greenhouses.
Company grows and markets locally grown, USDA organic certified leafy greens delivered to retailer distribution centers within hours of harvest, 365 days/year.
Harness state-of-the-art technology and smart logistics, fusing sustainability and profitability.
Results:
AgTech process innovation with fully automated end-to-end production, leveraging the world’s most advanced CEA systems backed by cutting edge AI/ML computer algorithms.
High decarbonization and resource efficiency impact model, reducing carbon emission footprint by 85% vs. open field lettuce farms battered by climate change, and drawing a mere 1.7% of their freshwater use for 44x more output yield, using 100% solar power, with no agricultural runoff.
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Personnel Safety and Asset Tracking
Large Humanitarian Institution with 3700
Emergency Vehicles and Global Presence. Dual Mode Communications: Satellite and CellularUse of Vehicle Tracking and Driver Identification, Telematics: CANBUS integration, Driver Hidden Panic Button, Display screens for messaging, Multiple languages
Results:
Route tracking and timing on stops. Security: Deter thief and notification of personal danger. Data aggregation regardless of technology
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Digital Identity
A leading-edge technology company creating solutions to eliminate friction and fraud in the financial services industry utilizing blockchain, biometrics, and AI.
Results:
The most advanced randomized multi-factor identity verification platform utilizing biometrics and AI for end-to-end account origination with the most comprehensive transaction fraud mitigation solution on the market.
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Tank Level Monitoring: Industrial Liquids
Implement a tank monitoring solution for Industrial Chemicals at Energy sites across Globally
Programmed to check sensor level every hour for level measurements or rate of change alarm. Transmits summary of data and levels once daily if no alarms are identified. Pressure sensors calibrated to different tank sizes and materials
Ultrasonic, proximity switch, TDR and 3D imaging sensors also demonstrated for tank level monitoring
Results:
Improved efficiency, reduce wasted resources, limit downtime
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Tank Temperature Monitoring
Energy customer maintains tanks of chemicals used in extraction process. If temperatures go too high, operations team needs to dispatch a member to take mitigating measures
Using Inmarsat IDP service, we identified a device and program to monitor and alert when temperatures exceed the customer-defined specs
Results:
Customer has reliable monitoring of temperatures in real time. Increase in operation efficiency: less manual work to maintain, better monitoring of the assets. Increase in safety for the operations
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IoT with Major Oilfield Services Company
Provide vehicle tracking, telematics, and preventive maintenance for one of the world's largest oilfield service companies based in US
Asset Tracking services Powered and Non-Powered mobile assets. Canbus telematic readings from multi-engine industrial tools. Integration of parsed data into customer AWS based application
Results:
19,000 customer assets that are tracked. Increased maintenance efficiency: reduction of downtime by 30-50%. Increased operational efficiency and reduction in Capitol expense. Less time spent looking for units in yardOverall analysis of units that are in production, ability to move units to addresses increases.
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IoT in Mining
Automated Surveillance. Personnel & Asset Tracking. Geofencing of critical areas. Environmental Monitoring. Predictive Maintenance
Results:
Increased efficiencies. Reduced theft. Greater productivity. Higher returns