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Reducing downtime, simplifying maintenance and improving staff safety is as easy as contacting us today about our innovative IoT solutions that meet your challenge head on.

Open Cut Metalliferous Mine

Outcome: 34 times Return on Investment (ROI)
Saved 375 man hours on labour

BEFORE INSTALLING SMART-IDLER®

Roller Related Expenses Year 1 Year 2 Year 3 Year 4
Annual conveyor roller incident costs $1,294,780 $1,294,780 $1,294,780 $1,294,780
Annual conveyor belt crew labour for rollers $48,913 $48,913 $48,913 $48,913
Annual conveyor roller replacement costs $1,250 $1,250 $1,250 $1,250
Annual roller related expenses $1,344,810 $1,344,810 $1,344,810 $1,344,810

AFTER INSTALLING SMART-IDLER®

Roller Related Expenses Year 1 Year 2 Year 3 Year 4
Annual conveyor roller incident costs $0 $0 $0 $0
Annual conveyor belt crew labour for rollers $0 $0 $0 $0
Annual conveyor roller replacement costs $24,600 $2,201 $2,201 $2,201
Annual software cost to manage smart idler $15,000 $15,000 $15,000 $15,000
Annual roller related expenses $39,600 $39,600 $39,600 $39,600

In this instance the mine spent $$39,600 and saved $1.3M = ROI of 34 times their investment

Return on Investment - Payback Period

Return on Investment Year 1 Year 2 Year 3 Year 4
Vayeron Return on Investment Multiple 33.9 78.2 78.2 78.2
Time to payback (months) 0.5 0.1  0.1  0.1

Year 1 Year 2 Year 3 Year 4
ROI multiple if we price in catastrophic risk 78.2 349 349 349
Time to payback (months) 0.2 0  0  0
Reduction in Risk Exposure (man hours) 375 375 375 375