Greasing the wheels of innovation
While working in the mining industry, a Sunshine Coast trio identified a common and recurring industrial machinery problem that required a smart solution.
Queensland founders of GreaseBoss Tim Hall and Peter Condoleon were inspired by an experience at a mine site when a dangerous mechanical failure occurred due to greasing inadequacies.
Correct oiling and greasing of heavy machinery are critical to safety, reliability and ultimately productivity yet maintaining the required quantities is often neglected.
In fact, improper greasing has been identified as the primary cause of industrial plant malfunctions and results in huge monetary losses.
In 2020 GreaseBoss was launched, digitally transforming the lubrication management of industrial machinery. The innovative greasing solution provides clients with complete visibility over the grease status at any point in their plants, enabling them to prevent operational disruption and mechanical damage.
The way it works
The GreaseBoss API connects to the GreaseCloud, a cloud-based software that collects grease consumption and compliance data.
Together with the range of GreaseBoss Head Units, Endpoints and Tags for quick and versatile automatic or manual applications, the company created a solution to a very common and expensive problem.
The world takes notice
Their innovation has been recognised globally, and after joining the prestigious startup accelerator program, YCombinator in Silicon Valley, the company made a firm decision to base their headquarters on the Sunshine Coast.
As a homemade Queensland business creating cutting edge innovations, Trade and Investment Queensland (TIQ) were happy to support GreaseBoss on the next steps in their journey into innovation.
In March 2022, TIQ awarded the company a grant through Round 2 of the New Market Program to export internationally.
Not long after, they were among the top 15 IoT Innovators 2022 at Hannover Messe, the international award and catalyst for future innovations for the Internet of Things, Wearable Technologies and DeepTech.
The accolades kept coming when in July, GreaseBoss won the ‘Best New Product’ category at the Queensland Mining Awards.
Tim Hall, Co-Founder and CEO of GreaseBoss said TIQ’s support has been invaluable.
“TIQ has been great in assisting GreaseBoss in its first move into international markets. TIQ took the time to learn about our business and then made direct connections to businesses in our target export regions, provided great advice and financial assistance.
“Moving into international markets can be daunting but TIQ has definitely helped us on our journey.”
To find out more about how TIQ can support your export ambitions, click here.
Last published: 10:16 AM, Tuesday, 6 September 2022