July 24, 2024
Welcome to Razor Labs‘ Q2 2024 Newsletter!
As our implementation expand across the globe, so does the impact of our solution. Navigating the ever-evolving mining and industrial sector, where efficiency, safety, and sustainability are crucial, our team remains dedicated to revolutionizing maintenance practices and empowering mining companies to unlock their full operational potential.
Q2 Roadshow
Building on the solid foundation in Q1, we kept our momentum going in Q2, furthering our engagement and involvement at worldwide mining sites. Having visited numerous mining sites, we were privileged to work closely with exceptional maintenance teams.
It was inspiring to witness their operations firsthand, understand their challenges, explore critical bottlenecks, and see how Razor Labs’ AI Sensor Fusion predictive maintenance solution can enhance productivity, operations, and safety.
DataMind AI™ V3.1 Released
Unleashing the Next Generation of Predictive Maintenance
This update introduces several powerful features designed to provide comprehensive monitoring and actionable insights for heavy industrial operations:
Revolutionary AI Sensor Fusion: Enhanced integration of diverse sensor data using advanced AI algorithms for precise diagnostics, ensuring equipment health is accurately monitored and potential failures are identified early.
Comprehensive Data Accessibility: Streamlined access and visualization of critical data through an intuitive interface, making it easier for users to interpret data and make informed decisions quickly.
Advanced AI-Powered Computer Vision: Improved real-time monitoring and analysis of visual data from on-site cameras, allowing for the immediate detection of issues such as conveyor belt misalignments and material blockages. Read more >>
Impact from the Field
Case Study: DataMind AI™ Detects Compressor Gearbox Deterioration Minimizing Shutdown Time
Deployed at a vanadium ore production site, DataMind AI™ monitors multiple machines, including the compressor gearbox. The case study highlights how DataMind AI™’s unique spectral trend, cleaned by operation mode isolation, plays a crucial role in the early identification of mechanical issues. In case of this prevented failure, DataMind AI™ prevented ~30 hours of downtime, and losses of ~ $540,000 Read more >>
Building Strong Collaborations
Ericsson & Razor Labs Partnership: Revolutionizing Mining Operations with AI and 5G
This pioneering collaboration will leverage Ericsson’s robust private 5G networks and Razor Labs’ cutting-edge AI technology to enhance mining operations worldwide and address challenges in remote mining locations, ensuring continuous, secure, and reliable data communication. Watch the interview>>
Razor Labs Expert Series
Introducing Razor Labs Expert Series – episodes of interviews in which the company’s specialists share insights into their unique experience in the fields of AI, Digital Transformation, Industry 4.0, product management, business, innovation, and market disruption.
Michael Zolotov, an AI Expert Behind AI Sensor Fusion Predictive Maintenance
In this episode of the Razor Labs Expert Series, we delve deep into the world of AI Sensor Fusion Predictive Maintenance and its transformative impact on the mining and industrial sectors with Michael Zolotov, Co-Founder and CTO of Razor Labs. Michael shares his journey from the inception of Razor Labs, highlighting its evolution from an AI services firm to a leader in digital transformation solutions focused on predictive maintenance. Watch the full episode>>
Assaf Eden, Steering Product Innovation in Heavy Industries
In this episode we interview Assaf Eden, VP of Product at Razor Labs. Assaf talks about finding the product-market fit, identifying the need for DataMind AI™ and bringing this flagship product to life. He discusses the the importance of focusing on customer needs and the role of data and algorithms in the development of AI-powered solutions. Watch the full episode>>
We Are Hiring!
Razor Labs is hiring mining engineers, condition monitoring experts, and technical project managers in Colombia, South Africa, and Australia. These roles are crucial as we expand our global presence and deepen our involvement in the mining industry. Join our team to help revolutionize maintenance practices and drive operational excellence with our cutting-edge AI Sensor Fusion predictive maintenance solutions. View the current job openings here>>
Upcoming Events
IMARC, International Conference Center, Sydney, Booth D30
October 29-31, 2024
