5 Top Fault Detection Solutions impacting the Energy Industry

Curious about new technological advancements in the energy industry? Explore our analysis of 277 global startups & scaleups and learn how their fault detection solutions impact your energy business!

Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover five hand-picked fault detection solutions impacting the energy industry.

Out of 277, the Global Startup Heat Map highlights 5 Top Fault Detection Solutions impacting the Energy Industry

The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.

The Global Startup Heat Map below reveals the distribution of the 277 exemplary startups & scaleups we analyzed for this research. Further, it highlights five startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 272 fault detection solutions for the energy industry, get in touch with us.

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Electrical Systems Protection enables Early Fault Detection

Founding Year: 2018
Location: Rishon LeZion, Israel
Use this solution for Predictive Electrical Maintenance

Israeli startup Electrical Systems Protection offers early detection and analysis of electrical faults. Its product, Green Electric Shield (GES), detects over 96% of power failures in the initial stages while storing the data for analysis. GES also includes software that enables long-distance controlling and monitoring as well as fault alerting through SMS or email. It finds applications in predictive electrical maintenance for electrical grids and remote electrical infrastructure monitoring.

Bright Building simplifies Building Energy Consumption Optimization

Founding Year: 2019
Location: Ithaca, US
Partner with Bright Building for Electrical Metrics Tracking

US-based startup Bright Building develops a cloud-based platform that provides insights into commercial building energy consumption. It leverages read-only plug-and-play gateways that connect with energy meters to transmit data to the cloud. The platform then uses AI to map all the data into a unified format while continuously monitoring and analyzing the energy consumption data. It also assesses impacts on energy, equipment life, and occupant comfort and safety while identifying electrical problems. Further, the platform offers dashboards and KPIs that enable building managers to track all electrical metrics and issues across the building. This allows them to make better decisions to handle equipment faults and cut down energy costs.

SKIoT facilitates Electrical Supply Monitoring

Founding Year: 2017
Location: Sangareddy, India
Innovate with SKIoT for Power Monitoring

Indian startup SKIoT manufactures a non-invasive electrical supply monitoring device. The startup’s device clamps across power supply wires to monitor electricity consumption in real-time. It uses energy harvesting to sustain itself and is customizable based on the user requirements. Moreover, the device supports single- and three-phase current monitoring and measures currents from 0.5 to 70 Amperes. SKIoT’s data analytics engine analyzes data from the device to identify electrical faults and detect power quality issues. Unlike traditional solutions, the non-invasive design of the product reduces the deployment costs to monitor electrical infrastructure.

Vegatechenergy Electromechanics offers Thermal Cameras

Founding Year: 2016
Location: Ümraniye, Turkey
Collaborate with the startup for Electrical Equipment Monitoring

Turkish startup Vegatechenergy Electromechanics provides electrical fault detection systems using thermal cameras to measure the above-normal temperature and coldness of electrical equipment. The thermal cameras enable industrial facilities to continuously monitor their equipment and identify problems that could result in large fires. This way, it prevents unscheduled stoppages, reduces production losses, and minimizes repair costs in power generation.

Building Fit provides Fault Detection & Diagnostic Analytics

Founding Year: 2017
Location: Salt Lake City, US
Use this solution for Building Energy Analytics

US-based startup Building Fit develops fault detection and diagnostics (FDD) analytics software to make buildings more energy-efficient. It is an analytics and visualization platform that collects data from building automation systems (BAS), internet of things (IoT) devices, and others devices to identify opportunities to optimize energy efficiency. The software provides analysis using KPIs, automated reports, and interactive dashboards, enabling building managers to identify areas of improvement for building energy consumption and safety.

Discover more Energy Startups

Energy startups such as the examples highlighted in this report focus on continuous asset monitoring, energy consumption optimization, building energy efficiency as well as predictive analytics and AI. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore energy technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Energy Innovation Report to save your time and improve strategic decision-making.

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