RedEye Apps

About RedEye Apps

RedEye Apps operates as a specialized software-as-a-service (SaaS) provider focused on engineering document and asset data management for organizations that own and operate large, complex critical infrastructure. The company was founded in Brisbane, Queensland, in 2012 by Wayne Gerard and Randall Makin. Gerard's background includes a decade in the Australian army, working on projects like the army's first drone, followed by roles at Boeing and a local tech company before starting his own consultancy. A significant flood in 2011 prompted him to create a more scalable business, leading to the conception of RedEye. Makin’s background is in technology and product development, complementing Gerard's industry and entrepreneurial focus.

The company's primary offerings are delivered through a cloud-based platform designed to make asset data more available, usable, and valuable. Its core products, RedEyeDMS (Data Management System) and RedEyeWFM (Work Management Platform), address recurring issues in sectors like mining, oil and gas, utilities, and government. RedEyeDMS provides a centralized hub for storing, managing, and collaborating on engineering drawings and documents. Key features include robust version control, advanced search capabilities using metadata and QR codes, and mobile access for field teams, even offline. The platform supports various file formats, including 2D drawings and 3D models, and allows for digital markups, approvals, and automated workflows. This system helps clients reduce risks, improve safety, and ensure regulatory compliance by maintaining a single source of truth for asset information.

RedEye's business model is subscription-based, offering scalable solutions for companies of all sizes. Its revenue is generated through access to its SaaS platform, which integrates with existing enterprise systems like SAP, IBM Maximo, and Microsoft 365. A major milestone was securing BHP as its first customer shortly after its founding. The company expanded internationally with an office in the US and raised approximately $14.4 million over several funding rounds. In January 2024, RedEye was acquired by Accruent, a US-based leader in workplace and asset management solutions, to enhance Accruent's cloud-based engineering document management offerings.