Press release

Everactive Wins ABB Open Innovation Award for Technology Solution

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Everactive, maker of category-defining self-powered IoT systems, has been declared the winner of the prestigious ABB Measurement and Analytics Open Innovation Challenge for Technology Solution.

Everactive’s always-on self-powered Industrial IoT technology was chosen as the outstanding solution based on 4 criteria which can be strongly linked to KPIs: data contextualization and readiness (quality of information); ease of set up and implementation; response time and early detection capability; and minimal intrusiveness to the industrial application.

Everactive develops self-powered IoT systems leveraging proprietary ultra-low-power semiconductors, which require 1,000x less power than competing circuits. Everactive’s sensor devices generate enough power from small amounts of “harvested energy” to continuously measure, process and wirelessly transmit equipment health data from a range of industrial assets, resulting in significant energy savings for companies focused on achieving sustainability goals. Everactive Steam Trap Monitoring (STM) and Machine Health Monitoring (MHH) customers already include multinational companies such as Colgate-Palmolive, Hershey’s, Merck and Anheuser-Busch, as well as several universities and the U.S. government.

Global technology company ABB focuses on transformation of society and industry to achieve a more productive, sustainable future.

”It is an honor to be recognized by such a world-class, innovative company,” said Bob Nunn, CEO of Everactive. “ABB continues to push the envelope of what is possible with Industry 4.0; we’re excited to combine their expertise and Everactive’s self-powered IoT platform to bring truly game-changing products to market.”

ABOUT EVERACTIVE:

In collaboration with its partners, Everactive delivers the most sustainable, scalable, and cost-effective IoT solutions. The company’s proprietary low-power energy harvesting and wireless technology enables completely batteryless and always-on Internet of Things systems powered entirely from micro-renewable energy. Ruggedized for harsh industrial settings, Everactive Edge devices provide continuous insight into asset health across a range of equipment and throughout entire plants and facilities. The company has offices in Silicon Valley, Ann Arbor, and Charlottesville. For more information, please visit: www.everactive.com.

ABOUT ABB:

ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 105,000 talented employees in over 100 countries. www.abb.com