OneWatt, founded in 2017 and headquartered in The Netherlands, offers an innovative solution in the realm of predictive maintenance for industrial motors. Their technology aims to minimize unplanned downtime and associated revenue losses by utilizing a non-intrusive system that leverages machine learning and frequency analysis. The company's Embedded Acoustic Recognition Sensor (EARS) is designed to "listen" to motors, enabling the early detection and prediction of motor faults.
Operating at the intersection of several cutting-edge industries—such as AI, Analytics, Automation, IoT, and Machine Learning—OneWatt appeals to plant managers and industrial users looking to optimize operational efficiencies. The company received its last funding, a €71.43K grant, on 01 August 2018, from the EASME - EU Executive Agency for SMEs. This funding underscores the firm's focus on harnessing governmental and institutional support for growth.