Startup Innovation in the Resources Sector Broken Hills – 26 May 2015

Zane Prickett zane@riit.com.au

A sustainable technology ecosystem

Drive startup style innovation in the resources sector

RIIT Unearthed - Why are we here?

Resource Tech Disruption

Disruptive technologies: over $100 billion of economic impact to the Australian resource sector alone by 2025.

Ø  Mobile Internet Ø  Automation of knowledge

work Ø  The Internet of Things Ø  Cloud technology Ø  Advanced robotics Ø  Autonomous and near-

autonomous vehicles

Ø  Next-generation genomics Energy storage

Ø  3D printing Ø  Advanced materials Ø  Advanced oil and gas

exploration and recovery Ø  Renewable energy

Disruptive technologies

* McKinsey Global Institute 2013 Disruptive technologies: Advances that will transform life, business, and the global economy

Hackathons – What are they?

►  Industry Submits Challenges

►  Developers Build Prototypes

►  Mentors Provide Industry Insight

►  Judges Assess Potential and Award Prizes

54 hour-long event to prototype solutions to industry problems

Unearthed Event Schedule

Friday – Event Kick off

Saturday – Coding!

Sunday – Presentations/Judging

•  5 min demo / presentation + 5 min Q&A

•  Industry, Tech, and VC judges

1st Prize Cash, Glory

2nd Prize Cash, Glory

Young Innovator Prizes

2014 Problem Sets – RioTinto

1.  Oversize Rock Detection – Supported by tipping video from site

•  oversized rocks can damage crushers or bog them costing $Ms.

2.  Mobile Maps – Supported by 1 year worth of GIS grade block data

•  Being able to visualise the mining blocks would allow for more clear planning their work and the direction of the mine progression.

3.  Maintenance Logic Checking – Supported by schematic

•  Determining which conveyor to take down for maintenance, it is not always clear what the up and downstream impact will be.

Judging Criteria

1.  How Creative is the solution?

2.  Is it Impactful?

3.  How Easy is it to Use?

4.  Finally is it Functional/Viable?

Unearthed Outcomes

70+ developers

6 Problem Sets

60+GB industry data 18

High Quality Prototypes

1st Prize – Newton Labs

Pre-crusher large bolder detection with off the shelf accelerometers and real time mathematical analysis.

Prototype to Product

Unearthed Hackathons 2015

Adelaide?

Perth: March

Brisbane: May

Melbourne: November

Expand Unearthed

•  Grow to 4 cities

•  Expand to 20+ Problem Sets Nationally

•  Engage over 300 developers per year

•  Technology accelerator

! ! Sydney: August

Unearthed Perth 2015 Challenges

1.  Iluka Resources - Machine Learning Exploration

2.  acQuire - Solving Real Time Geochem QAQC

3.  MRIWA/CSIRO - Laterite geochemical data-set of SW WA

4.  IMARC Challenges - GeoFencing in the Resource Industry

5.  IMARC Challenges - Augmented Reality for Mining

Unearthed Perth 2015

54 Hours

80 developers

5 Industry

Challenges 15 High Quality Prototypes

8 teams with follow up

1st Prize – J-Bay The J Bay Team comprised four students all from the UWA with backgrounds in physics, computer science, mathematics and engineering. The students addressed the data set and problems identified by Iluka Resources and provided an instantaneous, efficient and objective solution. Further opportunities: Team J Bay is currently in discussion with Iluka to continue building their prototype with Iluka Geologist during the upcoming winter break. .

Challenges Overview

1.  WesTrac + AWS: Can we predict maintenance needs?

2.  QLD Dept of Natural Resources and Mines: What is the next

generation resources data API?

3.  BMA Coal: Can we monitor and visualise stockpiles in 3-D?

4.  BMA Coal: Can we analyse particle size in real-time?

5.  BMA Coal: Can we better track our drillrig operations?

Unearthed Brisbane 2015

54 Hours

75+ developers

5 Industry

Challenges 17 High Quality Prototypes

1st Prize - SmartLumps SmartLumps is a prototype implementation of a low cost sensor platform designed to track the quality of coal (among other metrics) throughout the coal chain (from Pit to Port). A prototype visualisation interface has also been delivered to demonstrate what would be possible with the data made available. Team Smartlumps included a software engineer, designer, web developer, and micro controller engineer

Unearthed Supporters

Open Innovation Works

1.  Tech is changing Extremely quickly

2.  Open Innovation CAN work in the mining industry

3.  Data can be opened successfully

4.  Open Innovation Strategy

Ø  Are some challenges are best managed externally

info@riit.com.au