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Product Overview
Overview
Semiotic Labs develops a sensor for predictive analytics on rotating machinery like wind turbines and motors. The Netherlands-based company has raised over $11 million, closing a $7.8 million Series B in 2019, and has partnered with Schneider Electric to integrate its product with Schneider's asset management service.
The company's device enables predictive maintenance, identifying over 90% of failures at up to 5 months in advance by analyzing electric waveforms. For wind turbine applications, the company claims this can result in a 175% improvement in ROI. The device can also provide energy efficiency recommendations by identifying suboptimal operation.
Semiotic Labs offers the SAM4, a current and voltage sensor that installs directly in the motor control cabinet. The sensor collects data which is fed into an AI-driven analytics platform to identify faults. Asset performance can be monitored through a dashboard, showing real-time data and historical performance. The platform also passes on alerts when new faults are identified, classifying them based on their severity and immediacy.
Business Model
SaaS, per unit
Technology Innovations
- Motor control cabinet installation sensor is installed alongside motor controls, providing quick and easy deployments for assets that are in difficult to reach areas
- Electric waveform analysis analyzes motor current and voltage signatures to identify more faults than standard vibrational analysis
Applications
- Predictive Maintenance identify a range of faults in rotational equipment including stator, coupling, bearing, and hydraulic failure
- Energy efficiency identify problems that are resulting in abnormally high energy consumption for rotational equipment or pinpoint underperforming motors for replacement
- Asset management monitor status and alerts of assets across a site, viewing single-asset or portfolio dashboards