ABB purchases energy management specialist Sensorfact

Sensorfact systems help to reduce energy consumption (Photo: ABB)

ABB is set to acquire Sensorfact BV, an energy management specialist with headquarters in the Netherlands. The acquisition will expand ABB’s digital energy management offering.

Financial details of the deal, which is expected to be finalised in Q1 2025, were not revealed.

Established in 2017, Sensorfact offers a scalable software-as-a-service (SaaS) solution designed to help small- and medium-size companies leverage AI in their operations and energy management to lower costs and increase efficiency.

The company has more than 250 employees across its Utrecht headquarters and also in Amsterdam, Barcelona and Berlin. The company has more than 1,900 customers across Europe.

Massimiliano Cifalitti, president of ABB’s Smart Power division, said: “ABB and Sensorfact are on a mission to help companies improve their energy efficiency, reduce maintenance costs and boost production. This acquisition advances our digital strategy and provides an innovative way for customers to digitalize their manufacturing operations – helping them to become leaner and cleaner.”

Sensorfact’s SaaS solution includes plug-and-play sensors that measure consumption at a machine level and deliver that data to a smart software platform. Algorithms then analyze the data to identify energy-saving opportunities and provide easy-to-implement advice that is unique to each customer’s operations.

Sensorfact CEO Pieter Broekema said: “Sensorfact provides a single smart factory platform that enables customers to easily collect utility and production data and to reduce costs and carbon emissions.”

According to ABB, the International Energy Agency (IEA) report ‘Energy Efficiency: The Decade for Action’ states that energy efficiency must double over the next decade to minimize the environmental impact of growing global energy demand. The report highlights the importance of leveraging digital innovation to drive smarter energy management.