Iveda Transforms Liquid Storage Management for Gulf Western Oil
Iveda (NASDAQ: IVDA) has successfully deployed LevelNOW, its AI-driven liquid storage management solution, for Gulf Western Oil in Australia. The system provides real-time monitoring of liquid levels and automates refill scheduling, enhancing operational efficiency across Gulf Western's facilities.
LevelNOW features two patented sensor types: a standard cap valve for 200-liter drums and an external sensor for various container sizes. The solution enables Gulf Western to receive instant low-level notifications and proactively schedule refills, optimizing inventory management and improving customer service.
The global tank level monitoring system market is projected to reach $1.5 Billion by 2031. Gulf Western, which operates across Australia, New Zealand, Asia, and Russia, is leveraging LevelNOW to streamline distribution channels and enhance customer engagement across its extensive market footprint.
Iveda (NASDAQ: IVDA) ha implementato con successo LevelNOW, la sua soluzione di gestione dei liquidi basata su intelligenza artificiale, per Gulf Western Oil in Australia. Il sistema fornisce monitoraggio in tempo reale dei livelli dei liquidi e automatizza la pianificazione dei rifornimenti, migliorando l'efficienza operativa in tutte le strutture di Gulf Western.
LevelNOW presenta due tipi di sensori brevettati: una valvola a cappuccio standard per fusti da 200 litri e un sensore esterno per diverse dimensioni di contenitori. La soluzione consente a Gulf Western di ricevere notifiche immediate sui livelli bassi e di pianificare proattivamente i rifornimenti, ottimizzando la gestione dell'inventario e migliorando il servizio clienti.
Si prevede che il mercato globale dei sistemi di monitoraggio dei livelli dei serbatoi raggiunga $1,5 miliardi entro il 2031. Gulf Western, che opera in Australia, Nuova Zelanda, Asia e Russia, sta sfruttando LevelNOW per semplificare i canali di distribuzione e migliorare il coinvolgimento dei clienti nel suo ampio mercato.
Iveda (NASDAQ: IVDA) ha implementado con éxito LevelNOW, su solución de gestión de almacenamiento de líquidos impulsada por inteligencia artificial, para Gulf Western Oil en Australia. El sistema proporciona monitoreo en tiempo real de los niveles de líquido y automatiza la programación de recargas, mejorando la eficiencia operativa en las instalaciones de Gulf Western.
LevelNOW cuenta con dos tipos de sensores patentados: una válvula de tapa estándar para barriles de 200 litros y un sensor externo para varios tamaños de contenedores. La solución permite a Gulf Western recibir notificaciones instantáneas de niveles bajos y programar proactivamente recargas, optimizando la gestión de inventarios y mejorando el servicio al cliente.
Se proyecta que el mercado global de sistemas de monitoreo de niveles de tanques alcanzará $1.5 mil millones para 2031. Gulf Western, que opera en Australia, Nueva Zelanda, Asia y Rusia, está aprovechando LevelNOW para optimizar los canales de distribución y mejorar el compromiso del cliente en su amplia huella de mercado.
Iveda (NASDAQ: IVDA)는 호주에서 Gulf Western Oil을 위해 AI 기반의 액체 저장 관리 솔루션인 LevelNOW를 성공적으로 배포했습니다. 이 시스템은 액체 수준을 실시간으로 모니터링하고 보충 일정을 자동화하여 Gulf Western의 시설 전반에 걸쳐 운영 효율성을 향상시킵니다.
LevelNOW는 200리터 드럼용 표준 캡 밸브와 다양한 용기 크기를 위한 외부 센서라는 두 가지 특허 센서 유형을 특징으로 합니다. 이 솔루션은 Gulf Western이 즉각적인 저수준 알림을 받고 보충을 사전 계획할 수 있도록 하여 재고 관리를 최적화하고 고객 서비스를 개선합니다.
전 세계 탱크 수준 모니터링 시스템 시장은 2031년까지 15억 달러에 이를 것으로 예상됩니다. 호주, 뉴질랜드, 아시아 및 러시아에서 운영되는 Gulf Western은 LevelNOW를 활용하여 유통 채널을 간소화하고 광범위한 시장 내 고객 참여를 강화하고 있습니다.
Iveda (NASDAQ: IVDA) a déployé avec succès LevelNOW, sa solution de gestion de stockage de liquides basée sur l'IA, pour Gulf Western Oil en Australie. Le système fournit une surveillance en temps réel des niveaux de liquides et automatise la planification des réapprovisionnements, améliorant ainsi l'efficacité opérationnelle dans les installations de Gulf Western.
LevelNOW dispose de deux types de capteurs brevetés : une vanne de bouchon standard pour des fûts de 200 litres et un capteur externe pour diverses tailles de conteneurs. La solution permet à Gulf Western de recevoir des notifications instantanées de niveaux bas et de planifier proactivement les réapprovisionnements, optimisant ainsi la gestion des stocks et améliorant le service client.
Le marché mondial des systèmes de surveillance des niveaux de réservoirs devrait atteindre 1,5 milliard de dollars d'ici 2031. Gulf Western, qui opère en Australie, en Nouvelle-Zélande, en Asie et en Russie, utilise LevelNOW pour rationaliser les canaux de distribution et améliorer l'engagement des clients sur son vaste marché.
Iveda (NASDAQ: IVDA) hat erfolgreich LevelNOW, seine KI-gesteuerte Lösung zur Verwaltung von Flüssigkeitslagern, für Gulf Western Oil in Australien implementiert. Das System bietet eine Echtzeitüberwachung der Flüssigkeitsstände und automatisiert die Nachfüllplanung, wodurch die Betriebseffizienz in den Einrichtungen von Gulf Western verbessert wird.
LevelNOW verfügt über zwei patentierte Sensortypen: ein Standardverschlussventil für 200-Liter-Fässer und einen externen Sensor für verschiedene Behältergrößen. Die Lösung ermöglicht es Gulf Western, sofortige Benachrichtigungen über niedrige Füllstände zu erhalten und proaktiv Nachfüllungen zu planen, was das Bestandsmanagement optimiert und den Kundenservice verbessert.
Der globale Markt für Tankstandüberwachungssysteme wird voraussichtlich bis 2031 1,5 Milliarden US-Dollar erreichen. Gulf Western, das in Australien, Neuseeland, Asien und Russland tätig ist, nutzt LevelNOW, um die Vertriebskanäle zu optimieren und das Kundenengagement in seinem umfangreichen Markt zu verbessern.
- Successful deployment of LevelNOW system in major market (Australia)
- Two filed patents for LevelNOW technology
- Partnership with established multi-million liter organization Gulf Western
- Operating in growing market projected to reach $1.5B by 2031
- System provides cost savings on human resources
- None.
Insights
Iveda's LevelNOW deployment for Gulf Western Oil represents a strategic entry into the $1.5 billion tank monitoring market, showcasing the company's ability to secure enterprise clients in the oil and gas sector. This implementation creates a potential dual revenue stream – initial system sales followed by recurring monitoring services – though financial terms remain undisclosed.
The partnership's significance extends beyond immediate revenue. By addressing critical operational pain points for a multi-million liter organization with international presence, Iveda demonstrates its solution's scalability across global markets. The patented technology creates meaningful differentiation in an increasingly competitive IoT space where hardware commoditization threatens margins.
For Gulf Western, the ROI equation is compelling: reduced labor costs from eliminating manual monitoring, optimized delivery scheduling preventing revenue delays, and enhanced safety compliance by keeping workers away from potentially hazardous environments. These benefits directly address the oil industry's twin pressures of operational efficiency and regulatory compliance.
Investors should note this deployment's potential as a reference case for Iveda's expansion into adjacent liquid management markets beyond oil, including chemicals, water treatment, and agricultural fluids. The company's explicit mention of discussions with additional industry leaders suggests an accelerating sales pipeline.
However, execution risks remain significant for a company of Iveda's size (
LevelNOW automates operations and enhances efficiency for Australia’s leading oil company
According to Verified Markets Research, the global tank level monitoring system market is expected to grow to
"Iveda actively collaborates with organizations that reflect our core values, and our partnership with Gulf Western strongly reinforces our shared commitment to driving innovation, enhancing safety, and advancing sustainability," said David Ly, CEO and founder of Iveda. "The successful deployment of LevelNOW across
By integrating LevelNOW, Gulf Western gains unparalleled visibility and control over its liquid storage operations, optimizing resource management for more efficient and sustainable practices. Through its AI-driven platform and real-time alerts, LevelNOW provides continuous monitoring of liquid levels, ensuring timely refills across Gulf Western’s extensive customer base. Automating manual processes, Gulf Western can now preemptively schedule refills when tank levels are running low, allowing the company to turn revenue more quickly while providing cost savings on human resources.
“Iveda’s LevelNOW solution has revolutionized the way we manage our oil supply at Gulf Western,” said Nik Alpert, Group General Manager at Gulf Western Oil. “Instead of waiting for urgent customer calls, we now receive instant low-level notifications, which allows us to proactively reach out and schedule refills before they become critical. The technology has massively optimized our operations, reducing the need for manual monitoring and improving overall efficiency and resource management––all of which leads to tremendously effective customer service.”
Gulf Western has grown into a multi-million liter organization with an extensive distributor network throughout all states and territories of
Providing an industry-first solution for liquid storage management, LevelNOW––which currently holds two filed patents––features two distinct sensor types: a standard cap valve for standard 200-liter drums and an external sensor suited to various container sizes. LevelNOW is customizable to integrate smoothly with existing tank equipment and fittings, meeting the distinct needs of global customers like Gulf Western. With one cohesive system, oil and gas companies can ensure all aspects of the operation are communicating simultaneously, keeping employees out of harm’s way while providing major cost savings.
"LevelNOW is not only transforming Gulf Western, but also redefining the future of liquid storage worldwide,” adds Ly. “With unmatched AI-powered efficiency, cost savings, and operational intelligence, Iveda is set for explosive growth. This milestone marks just the beginning, as Iveda’s success with Gulf Western opens doors for discussions with additional industry leaders, driving accelerated adoption and promising continued momentum in both revenue and market expansion for shareholders."
About Iveda Solutions®
Iveda (NASDAQ:IVDA) is the provider of global solutions for cloud-based, video AI search and surveillance technologies that protect the people, places, and things that matter the most. Iveda’s technology has the power to provide instant intelligence to existing infrastructure, enabling cities and organizations around the world to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of digital transformation of cities across the world, using IoT platforms with smart sensors and devices developed to aid with use cases surrounding public safety, security, elderly care, energy efficiency, and environment preservation. Headquartered in
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Olivia Civiletto Erwin
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Source: Iveda Solutions
FAQ
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