ABB Expands Digital Energy Management Portfolio with Sensorfact Acquisition

ABB Expands Digital Energy Management Portfolio with Sensorfact Acquisition
Image source: Company press release
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ABB, a global player in electrification and automation, is set to acquire Sensorfact BV, a fast-growing energy management company based in Utrecht, Netherlands.

The strategic move will bolster ABB’s digital energy management offerings. The deal, expected to close in the first quarter of 2025, underscores ABB’s commitment to enhancing energy efficiency solutions.

The financial details of the acquisition remain undisclosed.

Sensorfact: A European Leader in Energy Management

Sensorfact specializes in scalable software as a service (SaaS) solutions. These solutions help small and medium-sized enterprises (SMEs) optimize energy usage through artificial intelligence (AI).

With over 250 employees across offices in Utrecht, Amsterdam, Barcelona, and Berlin, the company serves more than 1,900 customers throughout Europe.

Innovative Solutions for Energy Efficiency

Sensorfact’s SaaS platform features plug-and-play sensors that monitor machine-level energy consumption.

The sensors connect to a smart software platform. The platform employs advanced algorithms to analyze data, identify energy-saving opportunities, and deliver tailored advice for each customer’s operations.

Pieter Broekema, CEO of Sensorfact, stated, “Sensorfact provides a single smart factory platform. This platform enables customers to collect utility and production data easily. It also helps reduce costs and carbon emissions.” Our technology empowers customers to achieve substantial savings and minimize industrial waste. With ABB’s support, we can expand our solutions to new global markets more rapidly.”

ABB’s Vision for Sustainable Energy Management

Massimiliano Cifalitti, President of ABB’s Smart Power division, commented, “ABB and Sensorfact share a commitment to helping companies enhance energy efficiency. They also aim to cut maintenance costs and boost production.” This acquisition strengthens ABB’s portfolio of solutions that leverage big data and AI to make energy management smarter and more efficient. We will enable customers to digitalize their operations, making them leaner and cleaner.”

Addressing Global Energy Efficiency Goals

The acquisition aligns with global priorities for energy efficiency.

According to the International Energy Agency’s (IEA) report Energy Efficiency: The Decade for Action, doubling energy efficiency progress in the next decade is crucial to mitigating the environmental impact of rising global energy demand.

The report highlights the need for digital innovation in driving smarter energy management solutions.

A Partnership for a Sustainable Future

As a global technology leader, ABB connects its expertise in engineering and digitalization to deliver sustainable and resource-efficient solutions.

According to the press release, ABB is poised to help industries achieve higher performance while becoming more efficient, productive, and sustainable with the addition of Sensorfact’s cutting-edge SaaS technology.