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AMYGDALA is developing an HW/SW platform for the prediction of malfunctions in electrical and electro-mechanical systems. By collecting and analyzing real-time data.
About
AMYGDALA is a startup company based in Israel, incorporated in 2019. AMYGDALA is developing an HW/SW platform for the prediction of malfunctions in electrical and electro-mechanical systems. Our technology is based on collecting real-time data on the monitored system along with its anticipated affecting environmental conditions, and by data fusion using AI, AMYGDALA predicts malfunctions before they occur, which enables a predictive maintenance approach.
Key Benefits
Systems downtime in critical infrastructure causes operators tremendous losses. Financially wise, due to customers’ remunerations, service interruption compensations, and disturbances damage repairing, and reputation-wise due to reduced user experience and loםsing customers/consumers. AMYGDALA’s predictive maintenance product will also save customers maintenance costs.
Due to our inherent capabilities to sense analog current on any cable and element, our system can support the detection of electrical harmonics to drive predictive maintenance.
Applications
The initial penetration will be with the railway companies in Europe, justified by the innovation contribution to this sector, through the innovation programs most of them initiated. With 15 leading operators serving more than 25,000 stations, Europe is the world’s densest railway network. The lowest decennial financial estimate based on a 5% penetration only, predicts revenues of €140M from this market alone. The selling methods are direct sale, partnerships, and 3rd party distributors. Future growth prospects are excellent and will come from several sources.
1. Upsell. Existing clients will be encouraged to connect to more stations.
2. Geographic expansion.
3. Penetration into new sectors, i.e., Other critical infrastructures including water, gas, electricity, and heavy industries.
4. New products based on the analytic platform.