SHARE

Belgium-Netherlands, France, Germany, InnoStars, Ireland-UK, Scandinavia, Spain, Innovation, 2017

TECNALIA wins the European Innovation Award

15th July 2019

EIT Health partner developed a new failure prediction system for Industry 4.0

This Big Data based technology, industrialised and patented by NEM Solutions, with TECNALIA cooperation, is already applied worldwide in the wind power and railway sectors. The Prize was awarded by EARTO, the highest European association in the field of innovation.

TECNALIA, the technological research and development centre, has received the highest award in the field of European innovation for its development of a failure prediction system for Industry 4.0 patented by NEM Solutions.

The European Innovation Award was jointly granted to TECNALIA and NEM Solutions by EARTO, the highest European association in the field of innovation, for the “Impact Delivered” category which rewards the best technology transfer practice. The award has been made public tonight in Brussels, during the Innovation Award ceremony.

It is worth highlighting Brussels underground is in fact one of the users of this award-wining technology.

Failure prediction in Industry 4.0 may be conducted thanks to the application of Big Data which facilitates efficient management and smart analysis of large data volumes in industry to maximise productivity and competitiveness on a global scale. Thus this technology called AURA helps forecasting expected behaviour and identifying future failures in key corporate assets such as wind turbines or railway subsystems.

Read more in the official press release below.

EIT Health Bootcamp selects 11 female-led start-ups

EIT Health Bootcamp selects 11 female-led start-ups

Connecting women-led teams to mentors and investors

Find out more

EIT Health selecting three Supervisory Board members

EIT Health selecting three Supervisory Board members

Independent members sought; apply by 23 May

Find out more

Bridgehead announces first start-ups for 2021

Bridgehead announces first start-ups for 2021

Helping SMEs expand in Europe and beyond

Find out more