Senseye was formed at the end of 2014 to exploit the dramatic shifts happening as a result of the Internet of Things (IoT) and how it can be applied to support businesses operate their machines and equipment more reliably and at a lower cost. Drawing on technologies and approaches from the high end asset management products used in aerospace and defence, an affordable and easy-to-use product, Sensight, is under development and will be released by the end of 2015.
Senseye has secured personal, investor and grant funding to develop the Sensight product, test it in a number of markets to develop the product-market fit, and then to launch the first commercial version. The team consists of software and mechanical engineers, with three PhDs supporting the complex implementation of the machine learning and advanced analytics parts. These key components are also being patented.