(IN BRIEF) Samotics, a leading Dutch company in electrical data analytics, has secured €20 million in financing from the European Investment Bank (EIB) to accelerate its research and development on AI-driven technology designed to enhance the reliability and energy efficiency … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged AI, AI-powered technology, condition monitoring, decarbonization, EIB, electric motors, electrical data analytics, electrical signature analysis, energy consumption, energy efficiency, energy inefficiencies, ESA, European Commission, European Investment Bank, green transition, industrial reliability, Industry 4.0, InvestEU initiative, Jasper Hoogeweegen, malfunction detection, microchips, operating costs, partnership, predictive analytics, Robert de Groot, Samotics, sustainability, €20 million financing
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