AI for energy efficiency in the manufacturing industry

Industry accounts for 25-40% of energy use and many companies are unaware of their energy consumption. SenseNode helps industrial companies gain clarity on this matter. Throughout Jan 2021-April 2022, with test customers Nolato, we will further develop our innovation Analytics that uses AI for automated analysis, reporting and visualization of a company's energy data in order to understand what consumes energy and how much.

The team consists of some of Sweden's foremost experts on IIoT and energy measurement based on complex industrial conditions.

The potential for Analytics in the target market is SEK 100 million per year. I the EU as a whole, the market value is estimated at SEK 2.5 billion. The average average saving per production plant is 4.3 m kWh / year and SEK 2.2 m / year. With Analytics installed in every industrial company, the savings potential would be 5.4 MkgCO2e / year in Sweden and 10.4 MkgCO2e / year in Europe.