ABB has organized the initiative in partnership with PoliHub, the start-up district and incubator of the Politecnico University managed by Fondazione Politecnico di Milano. Applications from around the world put forward ideas that use digital technology to make power smarter and asset management simpler.
Giampiero Frisio, head of ABB's Protection and Connection business unit, said: “ABB’s Unlock Your Ability Challenge is about discovering innovators with ideas that can make a difference – and fast tracking their progress. Peer-to-peer energy trading, a platform for connecting energy assets to the Internet of Things for analysis and monitoring, and neural networks that can forecast wind energy yields were just some of the game-changing ideas before the judges. We are now backing three teams to take their vision to the next level.”
Digitization and start-ups will play a key role in accelerating the development of new solutions for energy management. With the launch of ABB Ability in 2016, ABB created a platform for connecting its huge range of technologies to the industrial Internet of Things. Launched earlier this year, the company’s Unlock Your Ability Challenge opens the door to engineers and start-ups with the ideas and vision to write the future of energy distribution.
Meeting the challenge
ABB’s Unlock Your Ability Challenge gave innovators and start-ups access to a panel of business and energy experts to help hone their pitch with training and technical consultancy. Following a final round of pitches, judges identified three projects that have won a funded place on ABB’s six-month Accelerator Program at ABB’s Technology Center in Bergamo in Lombardy, Italy. Stefano Mainetti, Chief Executive Officer of PoliHub, said: “The skills of the ABB team, one of the pioneers of the energy management industry, combined with the tailored entrepreneurial program designed by PoliHub, is the right combination for a great and innovative success. This Challenge is a great opportunity for participants to achieve real growth and invaluable experience.”
Based at ABB’s Bergamo technology center near Milan, the three teams will have access to the company’s state-of-the-art development, simulation and testing facilities and will receive coaching from Polihub to develop stronger technical and entrepreneurial skills, as well as a more robust solution. ABB and PoliHub will also organize networking with potential investors and sponsors and provide professional support from their network of consultants, experts and researchers.
About the finalists
For more information, please contact:
Lynette Jackson ABB Ltd
Head of Communications –Electrification Products division Affolternstrasse 44
Phone: +41 (0)43 317 54 04 8050 Zurich
Email: email@example.com Switzerland