ABB is acquiring Sensorfact BV, a fast-growing energy management company headquartered in Utrecht, Netherlands. The acquisition further expands ABB’s digital energy management offering and is expected to close in Q1 2025. Financial terms were not disclosed.
Established in 2017, Sensorfact offers a scalable software as a service (SaaS) solution that helps small and medium sized enterprises use AI in their operations and energy management to lower costs and increase efficiency. The company has more than 250 full-time employees in Utrecht, Amsterdam, Barcelona, and Berlin and serves 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. ABB is expanding its portfolio of energy management solutions that use big data and AI to make electrical distribution and energy management both efficient and intelligent. 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 on machine-level and connect to a smart software platform. The company uses algorithms to analyze the data, 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. We help customers achieve significant savings and continue to innovate to help customers further reduce their industrial waste. We are one of the market leaders in Europe, and together with ABB we will bring our solutions to new global markets, faster.”
The International Energy Agency (IEA) report, Energy Efficiency: The Decade for Action, states that the world must double energy efficiency progress in the next decade in order to minimize the environmental impact of growing global energy demand. The report highlights the importance of leveraging digital innovation to drive smarter energy management.
