twingz provides a software as a service product for damage prevention. Its based on the processing and analysis of electrical meter data feeds, identifying the behaviour of individual electrical appliances in a particular household or business. Via our disaggregation machine technology (non intrusive load monitoring), faulty appliances and can be identified and appliances with a risk/tendency to fault can be recognized via their consumption pattern. Also risky use of appliances can be detected due to the recognition of activity times and consumption levels. This information + hints & alarms are available via our API and can be delivered to other (backend) systems. Also, there is a frontend (= iOS & Android App) for consumers, displaying the status of the particular household or business and communicating the beforementioned hints & alarms. Thus, new business models, as e.g. "pay as you work/live" are enabled: a flat insurance fee can be offered to consumers/businesses using our non intrusive monitoring system, while the insurance company profits due to less damage cases and therefore less payout amounts.
Please contact us for a Premium Account and unlimited access to the BUILTWORLD Innovation Database
Thank you very much for using the Innovation Database. You have now reached the maximum number of profile views for unregistered users.
Please select your option.
Register here to create your free startup profile and become part of the Innovation Database.
Register here for free to view an unlimited number of startup profiles in the Innovation Database.