Enterprise Europe Network

Predictive maintenance and remote-control projects under distribution services agreement, joint-venture agreement or services agreements.

Country of origin:
Country: 
PORTUGAL
Opportunity:
External Id: 
BOPT20181120001
Published
20/11/2018
Last update
04/06/2020
Expiration date
15/12/2020

Keywords

Partner keyword: 
Maintenance Management System
Traffic Engineering / Control Systems
Sensors for cars and transport
System and transportation
Satellite Navigation Systems
Industrial measurement and sensing equipment
Process control equipment and systems
Airlines
Airfield and other transportation services
Computer programming activities
EXPRESS YOUR INTEREST

Summary

Summary: 
Portuguese company based in the center region of Portugal gathers a team of software developers, mechanical, aeronautical and electronics engineers. Their team and know-how are their major asset. The technological company is looking to develop more products in the field of predictive maintenance but that go beyond it and allow remote control over the product to which they were developed for. Distribution services agreement, joint-venture agreement or services agreement are sought.

Description

Description: 

Technological and innovative Portuguese company, founded in 2015, intends to change the understanding of monitoring. With an entrepreneurial team, the Portuguese company apply their expertise to challenges, creating real value while always on the hunt for new ideas and improvements.
The Portuguese company develops sophisticated algorithms applying their knowledge in machine learning and sensor analysis to develop capable solutions that range from management platforms to predictive maintenance systems or speed limiters. The company responds to the needs of data collection, its storage, treatment, and management.

The company focus on developing monitoring solutions for three fields of intervention:
- Automotive: the developed product intends to reduce the costs of maintenance and fuel by enforcing good driving. This means reducing about 6% in fuel costs every month, and in both direct and indirect costs of a heavy vehicle fleet of 1 000 cars saving about 2.000.000,00€ a year. By enforcing good driving and not only by monitoring it, the Portuguese company also has results in increasing the safety of the drivers that have their equipment installed and, therefore, reducing the number of accidents that they have due to the long hours they drive. This is the main feature. Additionally, its product accumulates functions such as a tracking module, a predictive maintenance module and allows to save the last 60 seconds before an event, erase any errors and receive alerts in real time. These allow to build a system that is modular and that can be chosen according to the needs of each user. The platform allows to access all the information, control the vehicle and manage the fleet even when the driver is not there.

- Aeronautics: the developed product focuses on light sport aircrafts and experimental aviation with the intention of reducing the number of accidents suffered by these aircrafts. It has no mandatory maintenance and no requirements of any type of certification. To those who own these aircrafts or even own fleets so many times used by pilot schools, it is essential to have a way of predicting if there is any possible failure before it happens as it means saving lives. All their tests can be conducted on the floor and it is the first system on the market that goes beyond the vibration analysis by incorporating thrust meters and relative comprehension test and by building its accuracy upon an European Space Agency Patent - Novelty Detection.

- Industry: talking to factory owners made them understand that every time a machine stops, they have heavy losses, so the Portuguese company decided to develop a system that substitutes a corrective maintenance approach for a non-invasive predictive maintenance approach. This is capable of measuring different values like temperature, vibration and electric current, in order to perceive the degree of ‘health’ of the industrial device being monitored by their equipment. The equipment will send real-time alerts, so once there is any anomaly the person responsible will immediately be warned, consequently, an intervention can be done and the downtime of the device can be reduced. This will allow the company to reduce the downtime of any industrial equipment and to save directly on corrective maintenance which is much more expensive than predictive maintenance.

The Portuguese company is willing to establish different type of collaborations:
- Distribution services agreement for their developed products
- Joint-ventures in order to develop a specific project for systems within the field of monitoring and predictive systems
- Services agreements in the three areas of activity: automotive, aeronautics and industry.

Advantages & innovations

Cooperation plus value: 
The company has developed products in three main areas of intervention Automotive: modular product for fleets, so each company can buy and combine the modules which best suit their needs. Is meant to expand the durability of fleets and save money in fuel, maintenance and downtime of vehicles. Fleet owners/managers can access the fleet’s information remotely on the online platform. Points of differentiation . The product is the only one that actually takes action, preventing misusage of the vehicles . There are some products for fleets but the majority is just for tracking purposes (which is just one of their modules) . An already made approach shows that after knowing the product for fleets and understanding what it can control, they project savings of 2.000.000 euros in 1350 vehicles per year Industry: non-invasive system for industrial production lines. The data collected is analysed to define if the industrial equipment is “healthy” or in need of assistance. The information is available on the online platform and can be accessed remotely Points of differentiation: . There are other products but none combines all the features in their product and they are also significantly more expensive . The product offers a complete solution to monitor and avoid malfunctions, allowing significant financial savings Aeronautic: non-invasive system that detects engine failures imperceptible without the use of measuring equipment. This intends to increase safety in light aviation and experimental aviation. They have a research license agreement from ESA on one of their patents. It is the most complete system on the market. Point of differentiation: there is another manufacturer who makes vibration analysis, but it doesn’t offer thrust meter and relative compression test The Portuguese company developed all these products with very clear points of differentiation without their market price exceeding what each one can pay and even what their competitors practice

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
The Portuguese company is seeking different type of collaborations: - Distribution services agreement: looking for a distributor specialized in these areas of activity in order to commercialise the products developed by the Portuguese company. - Joint-venture agreement: industrial companies and private companies, inventor or R&D institution that aim to develop systems within the field of monitoring and predictive systems. - Services agreements in the three areas of activity: automotive, aeronautics and industry. Role of the partner sought: that offers / proposes challenges or supports the Portuguese software team.

Type and size

Cooperation task: 
SME 11-50,Inventor,R&D Institution,251-500,SME 51-250