Optalert Limited Strengths, Domain Expertise, and Key Differentiators
Optalert is a pioneering medtech company that has revolutionized the use of blepharometry (blink measurement) to assess drowsiness. Through groundbreaking research, Optalert identified a biomarker for drowsiness, linking brain function to eyelid movement. By applying advanced machine learning algorithms to blink patterns from both alert and drowsy subjects, Optalert developed an AI-powered algorithm capable of quantifying the decline in cognitive brain function caused by drowsiness.
Optalert Limited Recent Developments
Optalert Australia has been making significant strides in the automotive safety sector. In June 2019, the company received the Automotive Innovation Lab Access Grant (AILAG), enabling the advancement of the Optalert Video Automotive technology solution. This groundbreaking solution focuses on the objective, early prediction of drowsiness and attentiveness monitoring, making it a unique automotive innovation in Australia. With the EU parliament recently backing measures to improve road safety, Optalert is well-positioned to establish local and international partnerships within the automotive industry.
Optalert Limited Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Optalert Limited applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Optalert Limited and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Optalert Eagle Industrial Platform customers.
Optalert Limited Overview
Level 6, 3 Newton Street
Cremorne, VIC, 3121, Australia
61 3 9425 5000
https://www.optalert.com/
Ownership: - x
Number of Employees: 45
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Life Sciences, Oil Gas Chemicals, Transportation,
Optalert Limited Key Enterprise and Cloud Applications
Optalert Eagle Industrial Platform
Optalert Limited Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Optalert Limited Revenue Breakdown By Type, $M:
Optalert Limited Enterprise Applications Revenues By Functional Markets, $M:
Optalert Limited Enterprise Applications Revenues By Verticals, $M:
Optalert Limited Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Optalert Limited Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Optalert Limited Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Optalert Limited Customers
No. of Optalert Limited Customers: 800
No. of Optalert Limited Enterprise Applications Customers: 800
No. of Optalert Limited Cloud Customers: x
No. of Optalert Limited Cloud Subscribers: x
Optalert boasts an impressive customer base comprising renowned organizations across multiple industries. Notable customers include Air Liquide, Alsco, Aurizon, Australian Department of Defence, BALPA, BHP Billiton, NASA, King Saud University, Newgold, and Vale. The widespread adoption of Optalert's solutions indicates its ability to cater to diverse customer requirements.
Optalert Limited Market Opportunities, M&A and Geo Expansions
The market opportunities for Optalert span both horizontal and vertical expansion. Horizontally, the automotive sector offers immense potential for the integration of Optalert's fatigue detection technology into collision avoidance systems, as demonstrated by their partnership with GE Mining. Additionally, Optalert's expansion into new regions, particularly where road safety regulations are being strengthened, can unlock untapped markets and drive further growth.
Vertically, Optalert has ventured into pharmaceutical drug trials with the development of the BlinQTM system. With the increasing demand for assessing the impact of new drugs on wakefulness and sleepiness, Optalert can capitalize on this opportunity to expand its footprint in the pharmaceutical industry.
Optalert Limited Risks and Challenges
The expansion of Optalert's market share hinges upon its capacity to expand its reach through Original Equipment Manufacturer (OEM) collaborations. This presents a pivotal question: whether Optalert's strategic focus lies in enhancing brand awareness or fostering extensive channel distribution.
Optalert Limited Ecosystem, Partners, Resellers and SI
Optalert understands the importance of building a robust ecosystem to augment its offerings. Through technology integrations and ecosystem partnerships, Optalert leverages the network effects of system integrators and value-added resellers. Collaborations with industry leaders, such as GE Mining, demonstrate Optalert's commitment to integrating its technology with complementary solutions to enhance safety measures across various industries.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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