FAILDEX失樂園
中文

RedEye Apps

The business, the turning points, and the decisions behind them.

Founded2012
Event year2024
FundingUS$10.7M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

RedEye Apps was a Brisbane-based SaaS company founded in 2012 by Wayne Gerard and Randall Makin. Its cloud and mobile platform, RedEyeDMS, managed 'as-built' engineering data — drawings and associated documents — for owners of critical infrastructure: water and power utilities, governments, mining and resources companies, hospitals, transport providers and telecom networks. Later products covered asset and work management, bushfire risk management (software forecasting bushfire spread and intensity) and digital-twin solutions. First client BHP Billiton was followed by Arrow Energy on a $500,000 contract, and the company grew to six offices globally helping clients manage over $250 billion in assets.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    RedEye Apps was founded in Brisbane as a cloud-based SaaS for managing engineering drawings, signing BHP Billiton as its first client.

  2. Acquired

    US-based Accruent, a Fortive company, acquired RedEye for an undisclosed sum to expand its engineering document management portfolio.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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