INNOVATION NEVER CLOCKS OUT

FROM HUMBLE BEGINNINGS, VERIDAPT HAS EXPANDED ALL OVER THE WORLD OVER 20 YEARS. BUT IT HASN'T FORGOTTEN ITS ROOTS AS AN AUSTRALIAN COMPANY.

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From a rugged fuel controller on a dusty Australian mine site to a global technology platform tracking everything from diesel to data, Veridapt's two-decade journey is a story of endurance, innovation and evolution.

As the company marks 20 years of operation, Veridapt chief executive officer David Thambiratnam reflects on a milestone few Australian tech firms reach, and what it means to keep innovating in an industry that never stands still.

“In 20 years, we’ve never lost a customer,” Thambiratnam told Australian Mining. “Every single one of our customers has grown with us, stayed with us and expanded with us. That talks to the robustness of the solution and how well everything works.”

That kind of loyalty represents a major achievement in a sector where reliability is everything. From its earliest days, Veridapt's technology has been relied on to power and monitor some of the world's most demanding industrial operations, environments where failure is not an option.

Veridapt's story began in 2005, when fuel systems in the mining industry often couldn't survive the harsh conditions of remote Australian operations. This prompted the team to build its own units, developing technology that was durable by necessity and intelligent by design.

Those early lessons in durability, connection and the marriage of software and hardware laid the foundation for a company that has consistently anticipated the next wave of industrial transformation.

By 2010, Veridapt had created the world's first touchscreen fuel management system, AdaptMAC, and later pioneered cloud-based industrial monitoring through its AdaptIQ and AdaptSCF platforms.

“Technology changes all the time,” Thambiratnam said. “The trick is applying just the right amount of technology, the right people and the right rationale.

“You can pick the wrong technology and end up with an expensive or ineffective solution.