Wajax Launches “TechIQ” – an Industry 4.0 digital customer platform to increase operational efficiency

Wajax Launches “TechIQ” – an Industry 4.0 digital customer platform to increase operational efficiency

Toronto, Ontario (February 28, 2023) – Wajax is launching TechIQ, their suite of digital technology solutions.

TechIQ’s first offering is a machine Condition Monitoring solution, which is built around two main components: the Wajax TechIQ Sensor and the TechIQ IoT Platform. These two tools utilize AI and machine learning to monitor, gauge, and ultimately improve the life and health/reliability of customers’ machines. With 24/7 expert support, this allows for proactive asset management and troubleshooting with automated alarms and notifications for efficient maintenance planning.

Offering an easy plug-and-play installation system, the 6-in-1 wireless sensor can be scaled to any application and offers a battery life of up to 8 years. Connecting directly to the IoT platform over a secure cloud, via WiFi or Cellular, customers and Wajax experts can easily keep track of machine measurements (vibration, temperature, acoustic emissions, energy consumption, etc.) while ensuring data security.

TechIQ not only allows for Wajax expert-analysis via the IoT platform, but it also provides the ability for on-the-spot assistance and support with its Mixed Reality Wearables (via Microsoft HoloLens). This option allows for a Wajax technical expert to be on the factory floor or worksite in real time, helping the customer diagnose and troubleshoot potential issues, resulting in quick turnarounds, increased equipment uptime and cost savings.

“TechIQ is an enormous step forward for Wajax in terms of how we can provide support to our customers” says Sada Haque, Wajax’s Director of Innovation & Technology. “This platform makes it even easier for us to be available for our customers and keep their machines constantly running. Our experts are always available for emergency troubleshooting scenarios; but with the wireless platform and Mixed Reality options of TechIQ, we can work with our customers safely – anywhere, anytime, for any issue big or small.”

For more on Wajax TechIQ, visit the website at https://www.wajax.com/engineered-repair-services/wajax-techiq.

Wajax Corporation 

Founded in 1858, Wajax (TSX: WJX) is one of Canada’s longest standing and most diversified industrial products and services providers. The Corporation operates an integrated distribution system providing sales, parts, and services to a broad range of customers in diverse sectors of the Canadian economy, including construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas. Details regarding Wajax’s products and services can be found on its website: www.wajax.com.

The Corporation’s goal is to be Canada’s leading industrial products and services provider, distinguished through its three core capabilities: sales force excellence, the breadth and efficiency of repair and maintenance operations, and the ability to work closely with existing and new vendor partners to continually expand its product offering to customers. The Corporation believes that achieving excellence in these three areas will position it to create value for its customers, employees, vendors, and shareholders.