Unplanned downtime is one of the largest causes of lost productivity in manufacturing. It is one of the costliest events at any industrial or manufacturing plant after safety or environmental mishaps. Every time production stops, there is a direct impact on the bottom line. Besides unplanned downtime, another serious cause for concern for industrial companies is energy waste due to operational inefficiencies, process-machine mismatches and developing damage.
Many plants rely on reactive, run-to-fail maintenance processes and research shows that predictive and preventive methods result in boosting uptime and keeping production running. Also, companies are often blindsided by whether they are using their equipment in the most efficient ways possible. If you pair intelligent sensors with state-of-the-art AI algorithms, then you can not only eliminate unplanned downtime but also improve your asset availability as well as the efficiency of your assets.
Dutch scale up Samotics is on a mission to eliminate unplanned downtime and energy waste with its solution called SAM4. With robust and high-accuracy failure detection technology, Samotics is showing how transversal technology can help reduce risk, lower costs, save energy, and put an end to unplanned downtime.
Eliminating energy waste and unplanned downtime
Founded in 2015 by Gerben Gooijers and Simon Jagers, Samotics sees energy waste as a data problem – whether it be a result of unplanned downtime, inefficient usage or incorrect selection of the equipment. Simon Jagers says industrial companies have a lot of data but very little of that data is used to optimise energy efficiency and operational resiliency. The scaleup analyses customers’ data and provides actionable insights.