Latest news with #Australian-headquartered
Scoop
2 days ago
- Business
- Scoop
Decision Inc. Australia Helps Accelerate GenAI MVP Delivery For OFS, Enabling Real-Time Manufacturing Intelligence
Press Release – Decision Inc Manufacturing software provider fast-tracks generative AI capability with guidance from Decision Inc. Australia, unlocking new value and a future revenue stream. OFS (Operations Feedback Systems) is an Australian-headquartered software company that is helping manufactures in over 30 counties to produce more with less. Since 2006, its analytics platform has helped operators, supervisors, and senior leaders in manufacturing gain clear, real-time visibility into performance, enabling faster decisions and stronger outcomes on the production floor. With a customer base including Dulux, Asahi Beverages, Bega, nudie, AstraZeneca, Twinings, and Electrolux, OFS wanted to stay ahead of rising expectations around artificial intelligence by embedding generative AI directly into its product suite. To accelerate development and go to market faster, OFS engaged Decision Inc. Australia to help guide and define a Minimum Viable Product (MVP) for its new GenAI feature, now known as Mayvn AI. The Challenge As manufacturers increasingly look to their software partners for AI capabilities, OFS recognised the need to rapidly build a GenAI experience that delivered practical, real-world value. While OFS already had an in-house engineering team, it turned to Decision Inc. for support in validating the concept, developing a secure architecture, and accelerating its roadmap to MVP. 'Manufacturers are under enormous pressure to do more with less, and they're asking smart questions about how AI can help,' said James Magee, CEO of OFS. 'Our goal was to build something meaningful, not gimmicky. We didn't want AI just for the sake of AI, we wanted it to solve real problems.' OFS needed a solution that would securely integrate with its existing architecture, scale into production, and provide early confidence that the AI feature could meet the performance and privacy standards its customers expect. At the same time, the OFS team wanted to build internal knowledge and capability as part of the process. The Solution With Decision Inc. Australia's support, OFS accelerated the development of Mayvn AI, a GenAI-powered operational intelligence tool designed to deliver actionable insights directly to factory leaders, engineers, and operators. The goal was to bridge the gap between factory data and leadership decision-making, turning real-time production feedback into meaningful conversations and faster resolutions. Decision Inc.'s AI Advisory services helped OFS quickly define a scalable MVP architecture that would sit securely within their existing software ecosystem. From architecture design to proof-of-concept prototyping, Decision Inc. played a hands-on role in helping OFS validate the feasibility of GenAI integration while upskilling their internal engineering team to take the solution to production. Mayvn AI functions as an intelligent co-pilot for manufacturing leadership, surfacing real-time insights from complex production data using simple prompts. By leveraging large language models (LLMs), Mayvn AI can instantly summarise plant performance, flag inefficiencies, identify recurring issues, and even recommend areas for capital investment based on real-world downtime or waste patterns. It is designed to operate securely, respecting data privacy boundaries across client environments. From generating daily shift reports to uncovering root causes of line stoppages and packaging faults, Mayvn AI is enabling factory teams to spend less time pulling data and more time acting on it. A notable early use case allows a CEO or site leader to ask, 'What should I know before walking into this site today?' and receive a concise, personalised briefing within seconds. 'Decision Inc. brought the technical clarity and early-stage confidence we needed to move quickly,' said Magee. 'They helped us de-risk the process and ensure we were building something scalable, secure, and aligned with the needs of our customers.' The Outcome Mayvn AI was launched in February 2025 and is already being used by more than 200 manufacturers worldwide. The feature acts as an embedded GenAI assistant within the OFS platform, enabling business leaders to simply ask questions, like 'What's been impacting our line efficiency this week?' or 'Where should we invest at this site?' and receive real-time, production-specific answers. By transforming unstructured manufacturing data into actionable insights, Mayvn AI bridges the gap between leadership and the factory floor. It's helping users surface previously hidden trends, reduce prep time for shift reports, and justify capital investments with data-backed recommendations. 'What we're seeing now is our clients using AI not just to analyse data, but to tell stories with it, to understand what's happening in their business and act with confidence,' said Magee. 'That's where Mayvn AI is making the biggest impact.' 'Mayvn AI is a perfect example of how GenAI can be deployed responsibly and pragmatically,' said Tony Butler, Managing Director, Decision Inc. Australia. 'By starting with a real problem and focusing on the user experience, they've built something powerful and future-ready. We were proud to play a role in accelerating that journey.' # # # About Decision Inc. Australia Decision Inc. is a global Advisory led Technology Consulting company helping clients in 20 markets use technology and data to improve their performance and drive sustainable growth. We help the world's most significant businesses transform their operating model and use technology to create a new future. Our Advisory teams help our clients develop the Strategies and Business Cases to support their continued investment in Innovation and Operational Improvement, and our specialist consulting and engineering teams build and manage the core platforms that run their business. As seen in The Australian Financial Review, The Weekend Australian and The Canberra Times we serve our community and industry and believe great data and analytics expertise will underpin economic recovery and prosperity. We are proudly carbon neutral and Great Place to Work certified.
Scoop
2 days ago
- Business
- Scoop
Decision Inc. Australia Helps Accelerate GenAI MVP Delivery For OFS, Enabling Real-Time Manufacturing Intelligence
OFS (Operations Feedback Systems) is an Australian-headquartered software company that is helping manufactures in over 30 counties to produce more with less. Since 2006, its analytics platform has helped operators, supervisors, and senior leaders in manufacturing gain clear, real-time visibility into performance, enabling faster decisions and stronger outcomes on the production floor. With a customer base including Dulux, Asahi Beverages, Bega, nudie, AstraZeneca, Twinings, and Electrolux, OFS wanted to stay ahead of rising expectations around artificial intelligence by embedding generative AI directly into its product suite. To accelerate development and go to market faster, OFS engaged Decision Inc. Australia to help guide and define a Minimum Viable Product (MVP) for its new GenAI feature, now known as Mayvn AI. The Challenge As manufacturers increasingly look to their software partners for AI capabilities, OFS recognised the need to rapidly build a GenAI experience that delivered practical, real-world value. While OFS already had an in-house engineering team, it turned to Decision Inc. for support in validating the concept, developing a secure architecture, and accelerating its roadmap to MVP. 'Manufacturers are under enormous pressure to do more with less, and they're asking smart questions about how AI can help,' said James Magee, CEO of OFS. 'Our goal was to build something meaningful, not gimmicky. We didn't want AI just for the sake of AI, we wanted it to solve real problems.' OFS needed a solution that would securely integrate with its existing architecture, scale into production, and provide early confidence that the AI feature could meet the performance and privacy standards its customers expect. At the same time, the OFS team wanted to build internal knowledge and capability as part of the process. The Solution With Decision Inc. Australia's support, OFS accelerated the development of Mayvn AI, a GenAI-powered operational intelligence tool designed to deliver actionable insights directly to factory leaders, engineers, and operators. The goal was to bridge the gap between factory data and leadership decision-making, turning real-time production feedback into meaningful conversations and faster resolutions. Decision Inc.'s AI Advisory services helped OFS quickly define a scalable MVP architecture that would sit securely within their existing software ecosystem. From architecture design to proof-of-concept prototyping, Decision Inc. played a hands-on role in helping OFS validate the feasibility of GenAI integration while upskilling their internal engineering team to take the solution to production. Mayvn AI functions as an intelligent co-pilot for manufacturing leadership, surfacing real-time insights from complex production data using simple prompts. By leveraging large language models (LLMs), Mayvn AI can instantly summarise plant performance, flag inefficiencies, identify recurring issues, and even recommend areas for capital investment based on real-world downtime or waste patterns. It is designed to operate securely, respecting data privacy boundaries across client environments. From generating daily shift reports to uncovering root causes of line stoppages and packaging faults, Mayvn AI is enabling factory teams to spend less time pulling data and more time acting on it. A notable early use case allows a CEO or site leader to ask, 'What should I know before walking into this site today?' and receive a concise, personalised briefing within seconds. 'Decision Inc. brought the technical clarity and early-stage confidence we needed to move quickly,' said Magee. 'They helped us de-risk the process and ensure we were building something scalable, secure, and aligned with the needs of our customers.' The Outcome Mayvn AI was launched in February 2025 and is already being used by more than 200 manufacturers worldwide. The feature acts as an embedded GenAI assistant within the OFS platform, enabling business leaders to simply ask questions, like 'What's been impacting our line efficiency this week?' or 'Where should we invest at this site?' and receive real-time, production-specific answers. By transforming unstructured manufacturing data into actionable insights, Mayvn AI bridges the gap between leadership and the factory floor. It's helping users surface previously hidden trends, reduce prep time for shift reports, and justify capital investments with data-backed recommendations. 'What we're seeing now is our clients using AI not just to analyse data, but to tell stories with it, to understand what's happening in their business and act with confidence,' said Magee. 'That's where Mayvn AI is making the biggest impact.' 'Mayvn AI is a perfect example of how GenAI can be deployed responsibly and pragmatically,' said Tony Butler, Managing Director, Decision Inc. Australia. 'By starting with a real problem and focusing on the user experience, they've built something powerful and future-ready. We were proud to play a role in accelerating that journey.' # # # About Decision Inc. Australia Decision Inc. is a global Advisory led Technology Consulting company helping clients in 20 markets use technology and data to improve their performance and drive sustainable growth. We help the world's most significant businesses transform their operating model and use technology to create a new future. Our Advisory teams help our clients develop the Strategies and Business Cases to support their continued investment in Innovation and Operational Improvement, and our specialist consulting and engineering teams build and manage the core platforms that run their business. As seen in The Australian Financial Review, The Weekend Australian and The Canberra Times we serve our community and industry and believe great data and analytics expertise will underpin economic recovery and prosperity. We are proudly carbon neutral and Great Place to Work certified.
Business Wire
06-05-2025
- Business
- Business Wire
Monroe Capital, SMBC and MA Financial Launch US$1.7 Billion Middle Market Lending Joint Venture
NEW YORK & CHICAGO & SYDNEY--(BUSINESS WIRE)--Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC) and MA Asset Management (part of MA Financial Group, ASX: MAF) today announced the formation of a new joint venture ('JV'), which will invest up to US$1.7 billion in senior secured loans to U.S. middle market borrowers. The JV harnesses the complementary capabilities of the three partnering institutions to establish a differentiated platform focused on the attractive middle market subset of private credit. This joint venture reflects a broader evolution in the private credit landscape, where asset managers and banks are collaborating to provide scalable, differentiated capital solutions to borrowers. The JV expects to benefit from broad access to high-quality, proprietary deal flow of first-lien senior-secured loans to established middle market companies, leveraging the loan origination capabilities of Monroe Capital's direct lending infrastructure, SMBC's established private credit and sponsor finance platform and MA Financial's expertise in specialty credit and co-lending. The JV's investable capital will be provided by Monroe Capital, SMBC and MA Financial (via its managed funds). Monroe Capital is one of the largest lower middle market direct lenders in the United States, SMBC is a leading global bank with a global middle market sponsor business, and MA Financial is an Australian-headquartered alternative asset manager with an active presence in specialty credit in the United States, for which co-lending is a core strategy. This joint venture reflects a broader evolution in the private credit landscape, where asset managers and banks are collaborating to provide scalable, differentiated capital solutions to borrowers. With a strong alignment of interests, shared credit philosophies and deep origination channels, the strategic partnership between Monroe Capital, SMBC and MA Financial is well positioned to meet the growing demand for financing in a structurally underserved segment of the market. 'We are excited to partner with MA Financial and SMBC to leverage Monroe's robust and comprehensive origination platform for middle market transactions in the United States. We continue to innovate new structures to be the financier of choice for lower middle market corporate borrowers and their private equity owners,' said Zia Uddin, President of Monroe Capital. 'By partnering with two leading credit-focused asset management firms, SMBC will enhance the financing solutions we provide to our middle market financial sponsor client base and continue to grow our footprint with the sponsor community. SMBC, Monroe and MA Financial each share a similar approach to private credit investing with a focus on providing loans to high quality borrowers backed by top-tier middle market private equity owners. These partnerships are an important strategic milestone for the continued development of SMBC's private credit business, and we are excited to commence capital deployment,' said Glenn Autorino, Co-General Manager, Managing Director and Co-Head of Leveraged Finance, SMBC Americas Division. 'We believe that strategic partnerships between specialist lenders, asset managers and banks are the next evolution in private credit. We're pleased to partner with Monroe Capital and SMBC in this innovative joint venture, reflecting the emerging paradigm shift toward co-lending,' Frank Danieli, Head of Global Credit Solutions at MA Financial Group, commented. 'The U.S. middle market presents a compelling opportunity to deploy capital to real world economy businesses while earning strong risk-adjusted returns and benefiting from robust lender protections that are foundational to our credit philosophy. We are excited to unlock access to this opportunity for our clients.' About Monroe Capital Monroe Capital LLC ('Monroe') is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe's platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality 'alpha' returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 11 locations throughout the United States, Asia and Australia. Monroe has been recognized by both its peers and investors with various awards including DealCatalyst as the 2025 Most Innovative Private Credit CLO Manager of the Year; Private Debt Investor as the 2024 Lower Mid-Market Lender of the Year, Americas and 2023 Lower Mid-Market Lender of the Decade; Inc.'s 2024 Founder-Friendly Investors List; Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year, U.S.A.; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit About SMBC SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges. In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Americas Holdings, Inc., SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. (collectively, SMBC Group Americas Division). For more information, please visit About MA Financial Group MA Financial Group is a global alternative asset manager specializing in private credit, real estate, and hospitality. The firm lends to property, corporate, and specialty finance sectors and provides corporate advisory services. With a team of over 700 professionals across Australia, China, Hong Kong, New Zealand, Singapore, and the United States, MA Financial manages over A$10.3 billion in assets, oversees A$141 billion in managed loans, and has advised on more than A$125 billion in advisory and equity capital market transactions. Learn more at
AU Financial Review
01-05-2025
- Business
- AU Financial Review
Atlassian warns of weaker-than-expected sales, shares plunge 17pc
A disappointing sales outlook from Atlassian has pushed shares in the Australian-headquartered, Nasdaq-listed workplace collaboration software giant down more than 17 per cent, wiping $3 billion from its market capitalisation. While the company's third-quarter results were in line with investors' expectations, its guidance for sales in the fourth quarter of the financial year came in below analysts' forecast of $US1.36 billion ($2.1 billion).
Reuters
27-04-2025
- Business
- Reuters
Australia's Alkane to acquire Canada's Mandalay in $358 million merger deal
April 28 (Reuters) - Australia's Alkane Resources ( opens new tab will acquire Canada's Mandalay Resources ( opens new tab in an all-share deal valued at A$559.1 million ($357.8 million), the companies said on Monday, creating a combined diversified gold and antimony producer. The merged entity will have an implied market capitalization of A$1.01 billion. The tie-up joins a wave of consolidation sweeping the global gold sector as miners capitalize on bullion prices hovering near record highs to strengthen their portfolios and operational footprints. Under the transaction, described as a "merger of equals," Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share, giving them about 55% ownership of the combined entity. The merged company expects to produce 160,000 gold-equivalent ounces in 2025, rising to over 180,000 ounces in 2026, operating three established mines - two in Australia and one in Sweden. Current Alkane Managing Director Nic Earner will lead the Australian-headquartered company, which will combine Alkane's recently expanded Tomingley gold operation with Mandalay's Costerfield gold-antimony mine in Australia and Björkdal gold mine in Sweden. ($1 = 1.5623 Australian dollars)
