ABB takes stake in Samotics to expand AI predictive maintenance
ABB has taken a 10% stake in Dutch AI predictive maintenance firm Samotics as part of a strategic deal on powertrain monitoring.
The two have entered a strategic long-term partnership to provide enhanced condition monitoring services. The value of the deal was not disclosed.
As a first step, ABB will integrate the Samotics SAM4 plug-and-play monitoring solution into its digital portfolio alongside the ABB Ability Condition Monitoring. Ability is a sensor-based system to analyze the health and performance of rotating equipment such as powertrains
SAM4 in contrast is based on electrical signature analysis (ESA) and does not rely on mounting sensors in the field. This means that SAM4 can be deployed on machines in harsh and submerged environments.
- Samotics raises €14.5m for industrial AI
- ABB develops hybrid predictive maintenance technology
- AI analytics tool boosts energy efficiency
- Dutch predictive maintenance startup sees €5m backing
Developing a system that uses both datasets will provide industrial operators with a more detailed view of asset health so that they can make better decisions to optimize maintenance, boost reliability and reduce downtime.
“Our strategy is to build an ecosystem with leading service providers who can contribute to our customers’ overall success. With Samotics, we share the ambition to co-develop digital services that will offer even greater insight across a wider range of applications to help our customers taking better decisions. The partnership will also create even more value from digital service solutions to grow our annual recurring revenues,” said Adrian Guggisberg, President of ABB Motion Services.
“Entering into a strategic partnership with ABB will open doors with potential customers around the world and help us scale our business. At the same time, we share a mindset and commitment to help solve reliability and energy efficiency challenges,” said Jasper Hoogeweegen, CEO of Samotics.
SAM4 is already being used in the wastewater and water, steel, and chemical sectors and has established a fast-growing base with thousands of assets monitored.
ABB plans to roll out the Samotics technology to customers before the end of 2022 as part of its growing service portfolio for rotating equipment.
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