One of Australia’s fastest growing tech companies, RedEye, has announced a strategic partnership with U.S. water technologies organisation, WaterStart, following a Nevada Government trade mission to Queensland in late 2016.
WaterStart is a non-profit organisation aiming to bring innovative technologies to Nevada’s water utilities to make the state a global water innovation and investment hub. The first projects to commence as a result of the RedEye/WaterStart partnership are with the Southern Nevada Water Authority (SNWA), as well as the Las Vegas Valley Water District (LVVWD), to integrate the RedEyeDMS solution into the organisations’ engineering and operation systems.
As part of the partnership, RedEye has opened its North American headquarters in the State of Nevada and relocated two members of the Queensland team to run the SNWA and LVVWD projects, and scale the business. RedEye is already receiving interest from other water and power utilities and plans to grow the Nevada team quickly with a view to create up to eight new jobs in its U.S. operations this year.
RedEye’s engineering data management solution – RedEyeDMS – brings a revolutionary Cloud and mobile solution to the U.S. water industry. SNWA and LVVWD staff, engineering firms, and professional engineers will now be able to easily collaborate to find, use, markup, back draft, review, approve and manage “as-built” engineering drawings and related data from anywhere, on any device.
What does this mean for RedEye?
RedEye co-founder and CEO, Wayne Gerard, said that the strategy is to be pulled, rather than push into new markets.
“This partnership with WaterStart is an exciting step for RedEye. We’re providing a solution to a problem that SNWA and LVVWD have been searching for globally for two and a half years. We look forward to scaling up our business in the U.S. market following their adoption of our platform.
“The RedEye platform is the first of its kind, it’s built specifically for large asset owners in industries like water, power, resources, healthcare and government. We’re helping them transform their businesses, taking data out of their network folders and obsolete software and into the Cloud and onto mobile devices. By integrating RedEyeDMS into its operations, SNWA & LVVWD will remove the risk of people working off the wrong drawings, facilitate better collaboration with staff, contractors, partners and clients, reduce the cost and time associated with finding drawings, improve safety, compliance, governance and control, and reduce rework, project delays and project costs; ultimately saving ratepayers’ money,” Gerard continued.
Nathan Allen, Executive Director of WaterStart said: “RedEye’s platform delivers a solution to a major pain point facing water utilities today. This strategic partnership will pull new innovations to the U.S. and further development Nevada’s water technology cluster.”
Dave Johnson, SNWA Deputy General Manager added: “Water infrastructure management is essential to ensuring safe and reliable water delivery. With approximately 200,000 sets of engineering and construction plans—detailing nearly every inch of our valley’s 6,500 miles of water transmission and delivery pipelines as well as reservoirs, pumping stations and treatment plants—introducing technological solutions such as RedEye is expected to provide our engineers and field crews ready-access to the engineering records they utilise daily.”
Brisbane based RedEye is quickly becoming the leading provider of Cloud and mobile solutions for managing engineering drawings and data in the water and power utilities, cities, state and federal governments, mining and resources companies, hospitals, transport providers and telecommunications networks.
Queensland Premier Annastacia Palaszczuk said she congratulated RedEye on a strategic partnership with WaterStart in the US and the immediate focus on Nevada.
“Last year, I signed an agreement with the Governor of Nevada, Brian Sandoval, for our States to work collaboratively across a range of key areas,” she said. “Those agreed priority areas include water management – including collaboration on water efficiency technologies, and technology and innovation – including pathways for market access for startups and established technology companies.”
Ms Palaszczuk continued: “RedEye is a fantastic Queensland success story and a trade trailblazer for our State. I congratulate CEO Wayne Gerard and his team on their ongoing success. The United States is an important market for Queensland in trade and investment. As Premier, I am determined that we work closely with our trading partners to grow jobs and opportunities for Queensland. The partnerships we have developed with individual States in the US will be critical to developing more opportunities for Queenslanders.”
RedEye co-founder Randall Makin added: “Although the RedEyeDMS solution is universal, we are seeing particularly strong adoption in the water and power industries. There is an incredibly large volume of “as built” data for these assets stuck on rapidly aging legacy systems, these industries have the opportunity to switch to RedEyeDMS and gain major improvements in safety and efficiency while reducing business risks and costs.
“RedEyeDMS takes engineering data out of dusty rooms and complicated computer programs and puts it into the Cloud and onto mobile devices and into the hands of workers out in the field. Having access to, and control over your engineering data anywhere at any time minimises the risk of working off the wrong drawing and can improve the safety and reliability of an asset. Removing data duplication and helping our clients obtain a single point of truth makes RedEyeDMS a unique and valuable solution. Our clients are getting a return on investment very quickly, often in just a couple of months,” continued Makin.