Expected impact of our solution includes:
- Avoid loss of production and the belonging natural resources.
- Higher production stability and thereby production efficiency.
- Avoided loss of energy.
- Increased competitiveness of European production lines.
The value proposition – Compared to the alternative solutions, SnapToPowerQuality offer:
- Clamp-on sensors which are easy to click on existing cables without breaking into the installations. No other known solution can measure from the outside of multiconductor cables.
- Self-learning AI (Artificial Intelligence) data analysis generates warnings and foresee breakdowns. The user gets operational messages to act on as the SnapToPowerQuality system gives specific warnings rather than just the measurements.
- Inexpensive: Cost less than 10 % of the known alternatives to buy, install, and run, because the ease of installation and data-analysis.
- Coherent: the cloud-AI and sensors work as one; over robust data-connections.
- Open data, and easy integration to other systems, through API (Application Programming Interface).
SnapToPowerQuality is competitive and highly scalable because it builds on serial produced IoT sensors in combination with cloud operated analytics and integration software. Hereby, we achieve an easy to use and very cost-efficient solution.
IPR protection is sought through patents covering the core inventions behind our novel technology to achieve clamp-on sensor technology for power quality analysis.
Market: The estimated European market potential is 13.6 billion €. It is dominated by the large equipment vendors, like Johnson Controls, Honeywell, and National Instruments. In this large competitive market, we enter with an unrivalled value proposition – low cost and easy to install and run solution.
The Go-to-market strategy is based on combining SnapToPowerQuality pushed marketing with international partnerships on sales and distribution, where we focus on the production facility market, before spreading to the other segments; i.e. utilities, hospitals, etc.
Innovation Project: We will mature a patented clamp-on measurement platform to eliminate sources of power quality disturbance. This requires a combination of the deep knowledge on power quality analysis at TUE with the technical measuring platform from RM and the industrial integration from OS and ICB; i.e.:
+ Technical maturation of the clamp-on sensor platform.
+ Models of the power analysis implemented in the embedded and cloud software.
+ Integration into the existing industrial operation system.
+ Integration into the business models for efficient industrial production.