INTERVIEW WITH TALPASOLUTIONS

talpasolutions is an analytics software company, headquartered in Essen, Germany. It is recognized as one of the leading drivers of the Industrial Internet of Things in heavy industry. talpa provides cutting-edge predictive analytics solutions for fixed and mobile assets, covering machinery and equipment in various industries, including mining, energy, logistics, and construction. 

Easy Engineering: What are the main areas of activity of the company?

TALPASOLUTIONS: Talpasolutions provides predictive analysis applications for the heavy industry. We offer a predictive analytics platform, which uses real-time and historical data of heavy equipment to optimize operations for equipment operators and managers. Our predictive platform optimizes performance, reduces asset failures, and enhances safety by making data understandable.

E.E: What’s the news about new products?

TALPASOLUTIONS: Talpasolutions’s platform provides two main benefits for the heavy equipment industry. First, a direct benefit whereby asset operators can deploy their machinery with increased efficiency.

Second, since the platform enables equipment manufacturers to develop new service offerings, such as refined diagnosis and repair solutions, companies from the heavy industry can non-derive greater value and longer working life from their machinery throughout the machine lifecycle.

E.E: What are the ranges of products?

TALPASOLUTIONS: talpasolutions developed a cloud-based actionable insight platform that provides insights based on real-time and historical data from machinery and equipment. These equipment insights enable operators and managers to avoid unscheduled downtime, extend the lifespan of machinery, and improve equipment dispatching and planning throughout the product lifecycle. 

talpa´s core business applications: 

  • performance and process insights
  • remote diagnostic and troubleshooting
  • event analysis, condition and safety monitoring

talpa’s proprietary data logging technology allows the cost-effective recording and transmission of high-definition raw data using unique (resistant to harsh conditions) talpacortex equipment. talpacortex S and talpacortex U have been developed for use on the surface and underground.

talpa´s product range includes three well-thought-out packages*:

  • Insights basic package
  • Insights advanced package
  • Insights premium package

It allows customers to choose the best solution for their particular needs without unnecessary costs and upgrade when needed.

*presenting different amount of insights according to customers´ needs; different subscription periods. 

E.E: At what stage is the market where you are currently active?

TALPASOLUTIONS: The mining industry has improved in the last three years after falling behind in terms of digitalization and adoption of new technologies such as autonomous vehicles, drones, and electrification. The COVID situation, which restricted intensive travel, site visits, and workforce migration, has pushed the industry to improve its efficiency and transformation. The current commodity price “supercycle” is boosting mining companies’ ability and willingness to invest in innovation, which is seen as a better option than simply expanding operations.

E.E: What can you tell us about market trends?

TALPASOLUTIONS: The current market trend is to create an ecosystem of solutions that runs parallel to the mining value chain, from exploration and mine planning to exploitation and site closure. The embedded ESG agenda, which includes emission reduction, license to operate, and safety trends that have always been a high priority, pushes mining companies to set up systems that allow for greater transparency and the ability to react to changing conditions in near-real time mode.

E.E: What are the most innovative products marketed?

TALPASOLUTIONS: The mining fleet is currently transitioning from combustible to electric powertrains, and they are pushing a mezzanine of technologies.

Using drones and instruments for data processing is becoming a daily routine, greatly enhancing the ability for quick decision-making. 

Digital analytic solutions based on various data streams, also known as “digital twins,” allow for full real-time awareness of operations, as well as improved productivity and utilization of mobile fleets, fixed assets such as process plants, and further pit-to-port supply chains.

E.E: What estimations do you have for 2022?

TALPASOLUTIONS: The ever-increasing trend of switching to electric transportation will result in the start of major projects. This will necessitate the development of holistic digital OEM-agnostic solutions that will allow us to plan for the most efficient use of batteries in these operations. This is a process in which talpa is actively involved.

Furthermore, traditional operations will continue to look for new ways to improve their efficiency, even on small sites. This is where talpa´s efficient SaaS approach will be extremely beneficial to such businesses.