Unearthed, Zane Prickett, Managing Director. Investor presentation at 2015 Broken Hill Resources Investment symposium.

1. Startup Innovation in the
Resources Sector
Broken Hills – 26 May 2015
Zane Prickett
zane@riit.com.au

2. A sustainable
technology ecosystem
Drive startup style innovation
in the resources sector
RIIT Unearthed - Why are we here?

3. Resource Tech Disruption
Disruptive technologies:
over $100 billion of economic impact
to the Australian resource sector
alone by 2025.
Ø Mobile Internet
Ø Automation of knowledge
work
Ø The Internet of Things
Ø Cloud technology
Ø Advanced robotics
Ø Autonomous and near-
autonomous vehicles
Ø Next-generation genomics
Energy storage
Ø 3D printing
Ø Advanced materials
Ø Advanced oil and gas
exploration and recovery
Ø Renewable energy
Disruptive technologies
* McKinsey Global Institute 2013
Disruptive technologies: Advances that will
transform life, business, and the global economy

4. Hackathons – What are they?
► Industry Submits Challenges
► Developers Build Prototypes
► Mentors Provide Industry Insight
► Judges Assess Potential and Award Prizes
54 hour-long event
to prototype solutions to industry problems

5. Unearthed Event Schedule
Friday – Event Kick off
Saturday – Coding!
Sunday – Presentations/Judging
• 5 min demo / presentation + 5 min Q&A
• Industry, Tech, and VC judges
1st Prize
Cash, Glory
2nd Prize
Cash, Glory
Young Innovator
Prizes

6. 2014 Problem Sets – RioTinto
1. Oversize Rock Detection – Supported by tipping video from site
• oversized rocks can damage crushers or bog them costing $Ms.
2. Mobile Maps – Supported by 1 year worth of GIS grade block data
• Being able to visualise the mining blocks would allow for more clear
planning their work and the direction of the mine progression.
3. Maintenance Logic Checking – Supported by schematic
• Determining which conveyor to take down for maintenance, it is not
always clear what the up and downstream impact will be.

7. Judging Criteria
1. How Creative is the solution?
2. Is it Impactful?
3. How Easy is it to Use?
4. Finally is it Functional/Viable?

8. Unearthed Outcomes
70+
developers
6
Problem Sets
60+GB
industry data
18
High Quality
Prototypes

9. 1st Prize – Newton Labs
Pre-crusher large bolder
detection with off the shelf
accelerometers and real time
mathematical analysis.

10. Prototype to Product

11. Unearthed Hackathons 2015
Adelaide?
Perth: March
Brisbane:
May
Melbourne:
November
Expand Unearthed
• Grow to 4 cities
• Expand to 20+ Problem
Sets Nationally
• Engage over 300
developers per year
• Technology accelerator
!
!
Sydney:
August

12. Unearthed Perth 2015 Challenges
1. Iluka Resources - Machine Learning Exploration
2. acQuire - Solving Real Time Geochem QAQC
3. MRIWA/CSIRO - Laterite geochemical data-set of SW WA
4. IMARC Challenges - GeoFencing in the Resource Industry
5. IMARC Challenges - Augmented Reality for Mining

13. Unearthed Perth 2015
54
Hours
80
developers
5
Industry
Challenges
15
High Quality
Prototypes
8
teams with
follow up

14. 1st Prize – J-Bay
The J Bay Team comprised four students all
from the UWA with backgrounds in physics,
computer science, mathematics and
engineering. The students addressed the data
set and problems identified by Iluka Resources
and provided an instantaneous, efficient and
objective solution.
Further opportunities:
Team J Bay is currently in discussion with Iluka
to continue building their prototype with Iluka
Geologist during the upcoming winter break.
.

15. Challenges Overview
1. WesTrac + AWS: Can we predict maintenance needs?
2. QLD Dept of Natural Resources and Mines: What is the next
generation resources data API?
3. BMA Coal: Can we monitor and visualise stockpiles in 3-D?
4. BMA Coal: Can we analyse particle size in real-time?
5. BMA Coal: Can we better track our drillrig operations?

16. Unearthed Brisbane 2015
54
Hours
75+
developers
5
Industry
Challenges
17
High Quality
Prototypes

17. 1st Prize - SmartLumps
SmartLumps is a prototype
implementation of a low cost sensor
platform designed to track the
quality of coal (among other metrics)
throughout the coal chain (from Pit
to Port). A prototype visualisation
interface has also been delivered to
demonstrate what would be possible
with the data made available.
Team Smartlumps included a
software engineer, designer, web
developer, and micro controller
engineer

18. Unearthed Supporters

19. Open Innovation Works
1. Tech is changing Extremely quickly
2. Open Innovation CAN work in the mining industry
3. Data can be opened successfully
4. Open Innovation Strategy
Ø Are some challenges are best managed externally
info@riit.com.au