12/01/2021  

twingz KICK-OFF WEBINAR 2021

Sehr geehrte Damen und Herren,
wie versprochen starten wir unser Jahr motiviert und mit voller Energie. Hiermit möchten wir Sie zu unserem twingz KICK-OFF WEBINAR 2021 in Kooperation mit Funk Gruppe, Doepke, ÖVIA und Szukitsch herzlichst einladen.

THEMA: ANLAGENVERFÜGBARKEIT UND SCHADENPRÄVENTION WERDEN EINS

Ganzheitliche Lösungen durch den Schulterschluss von KI, Sensorik und Versicherung


DATUM: 21.01.2021
UHRZEIT: 14:30-16:30
WO: virtuell per GoToWebinar

Moderation des Webinars: Dr. Robin Kühnast-Benedikt – Geschäftsführer ÖVIA  

Was Sie erwartet:

  • Vorstellung des Konzeptes Smart.RCM und ML & AI basierte Analytik: Leichtgewichtige Industrial Anomaly Detection (IAD) zur Optimierung von geplanten Stillständen, Vermeidung von Ausfallzeiten und Vorhersage von Brandgefahren.
  • Anwendungsbereiche / Beispielhafte Umsetzung eines Smart.RCM Projektes inklusive Sensorik (RCM), Datenübertragung und cloudbasierter Analytik.
  • Nutzen für die Unternehmen und die Geschäftsleitung
  • Q&A – Fragen und Antworten

In unserem gemeinsamen Webinar haben Sie am Ende der 30-minütigen Intro, die Möglichkeit, sich für die TECHNISCHE oder WIRTSCHAFTLICHE Vertiefung zu entscheiden.

TECHNISCHE Vertiefung:

Mario Sembritzki – Leitung Verkaufsförderung Industrie / Doepke Schaltgeräte GmbH, Werner Weihs-Sedivy – CEO / twingz development Gmbh und Patrick Thomas – CTO / twingz development Gmbh – erklären Ihnen die technischen Feinheiten hinter den Kulissen rund um Smart.RCM.

WIRTSCHAFTLICHE Vertiefung:

Manuel Zimmermann – Manager Beyond Insurance; Business Development; Funk Risk Consulting / Funk Gruppe und Werner Weihs-Sedivy – CEO / twingz development Gmbh – erklären den Nutzen und wie Unternehmen und Geschäftsleitung davon profitieren.

Gegen Ende des Webinars werden von Fachleuten aus den Bereichen Technologie und Wirtschaft Ihre Fragen live beantwortet.


Nähere Informationen, sowie den LINK zur Anmeldung finden Sie hier.


Wir freuen uns auf ihre Teilnahme.
Bei Fragen können Sie uns gerne kontaktieren!

twingz

23/12/2020  

THANK YOU and HAPPY HOLIDAYS!

2020 has challenged us a lot, but it has also opened up new opportunities. Between the pandemic and lockdowns, let’s not forget that 2020 also brought some great successes for us:

  • twingz won the apti award 2020 (Austrian PropTech Initiative) in the category: later stage.
  • The cooperation project with Doepke Schaltgeräte GmbH: An intelligent monitoring system for electrical installations – combining the smart residual current monitoring of Doepke converters with the AI methods of twingz.
  • The partnership with the Funk Group: Our intelligent twingz solutions can now also be found under Funk’s new “Beyond Insurance” service. Learn more about how Artificial Intelligence from twingz reduces fire risk in the paper industry.
  • twingz is one of the “100 Startups – Made in Austria”: Florian Kandler and Berthold Baurek-Karlic from Venionaire Capital jointly published a book presenting 100 Austrian startups. The book is distributed in Austria and globally through the foreign trade centres of the Austrian Federal Economic Chamber.
  • twingz is one of Austria’s ClimateTech startups: Glacier and Green Tech Cluster jointly compiled and published an overview of Austria’s ClimateTech startups.
  • twingz successfully managed the 24-hour IoT challenge in SummerHack 2020: Cookhouse Labs hosted its first virtual 24-hour Global Hackathon on 30/31 July 2020, focusing on IoT (Internet of things) and insurance.
  • twingz started a successful and well-attended (LIVE) webinar series: There, the twingz portfolio was presented, as well as specific practice areas. New dates and interesting topics are already in planning.
  • twingz participation and positioning: “InsurTech Study 2020: Innovative technology providers for the insurance industry”. HSBA and sum.cumo jointly conducted and presented the study.
  • With twingz’s smart IoT solutions, many market-leading insurers and players from the real estate, facility management, industry and energy sectors have been able to improve their operational efficiency and reduce or prevent risks.

We hereby take this opportunity to thank you – partners, customers and friends of twingz – for your continuous support and great cooperation!

We wish you and your families a Merry Christmas, peaceful holidays, and a happy and healthy New Year 2021! With new inspiration and lots of good energy, we are already looking forward to another successful cooperation.

Stay healthy!

14/12/2020  

Replace periodic insulation testing! Increase fire and equipment protection!

Thanks to various standards and regulations of the accident insurance institutions/national erection regulations and trade association ordinances, an indispensable contribution is made to safety in the workplace. However, the associated measures often represent a reduction in terms of productivity and increased efficiency.

With the smartRCM product family developed by Doepke Schaltgeräte GmbH and twingz in cooperation, economic goals and preventive maintenance are supported at the same time.

PERMANENT DIFFERENTIAL CURRENT MONITORING
smartRCM is predictive analytics & industrial IoT service that permanently monitors industrial assets to ensure potentials for increasing efficiency and preventing electrical fires using monitoring, and to receive alerts BEFORE safety shutdowns occur if leakage currents or other electrical variables become alarmingly high.

Permanent real-time monitoring of electrical consumption and residual currents, combined with predictive deep learning analytics and built-in alerting and notification functions, optimizes planned but costly shutdowns.

Components, such as the Doepke residual current transformer, which is certified according to EN62020, allow the plant operator to replace the recurring insulation test (ÖVE/ÖNORM E 8001-6-62) with permanent residual current monitoring.

The BENEFIT

Service interruptions are reduced!
System protection is increased!

25/11/2020  

twingz is one of Austria’s ClimateTech-Startups

Glacier and the Green Tech Cluster have jointly produced an overview of Austria’s ClimateTech start-ups.

The map is divided into the areas “Food & Agriculture”, “Energy”, “Mobility”, “Manufacturing & Industry”, “Buildings & Infrastructure” and “Circular & More”. Here you will find well-known names like Too Good To Go and Rebel Meat (both in “Food & Agriculture”), Carployee and ummadum (“Mobility”), Refurbed, Das Merch and Meine Wollke (“Manufacturing & Industry”), Helioz (“Buildings & Infrastructure”) Atmos and Glacier itself (“Circular & More”). You can find twingz together with EET in the “Energy” section. There are also new names added, which are less known to the public so far.


Register your startup too!
The first version is now online, but of course not yet complete. Therefore, Glacier and the Green Tech Cluster have launched a call for startups to apply to be represented at the Climate Tech Landscape. Register now!

Original text:

Der Brutkasten

02/11/2020  

Doepke and twingz are cooperating

Electricity expertise meets software excellence: Doepke Schaltgeräte GmbH from Norden, Lower Saxony, and twingz development GmbH from Vienna are developing an innovative monitoring system for electrical installations together.

Who we are

After intensive preparation, Andreas Müller, Managing Director of Doepke Schaltgeräte GmbH, and Werner Weihs-Sedivy, CEO and founder of twingz development GmbH, officially agreed on cooperation between the two companies in the middle of September. The aim is to develop and market an intelligent monitoring system for electrical installations. The companies from Northern Germany and Austria complement each other perfectly:

For more than 60 years, Doepke Schaltgeräte GmbH has been an expert in the detection of differential currents and shutdown in the event of dangerous residual currents. The company’s product portfolio, therefore, includes a wide range of different residual current circuit breakers as well as residual current monitors. These converters are sensitive to universal currents, detect residual currents from 0 – 100 kHz and report them directly to a data network via Ethernet interface.

This data provides the operator of an electrical system with information about its current status. However, it is also possible to use the data for predictions about the future condition of the system if the data is collected in large quantities, stored, and correlated. This is exactly what Doepke and twingz are developing in their intelligent monitoring system.

In order to prevent operational interruptions, especially in the industrial sector, and to increase the safety of electrical systems, the monitoring system not only visualizes and manages residual currents but also learns the electrical behavior of the system (ML) and can make predictions about future events in the electrical system. This enables preventive intervention before the system shuts down or even causes damage. These capabilities require cloud software and methods of artificial intelligence (AI). This is where the strengths of twingz Development GmbH lie.

Our company, founded in 2010 as a start-up, develops software methods for predictive maintenance and predictable energy consumption in industry, facility management and utilities. For this purpose, we analyze data from the areas of electricity, water, gas and temperature in industrial plants and generate progression and consumption profiles from this data. develops software methods for predictive maintenance and predictable energy consumption in industry, facility management, and utilities. For this purpose, we analyze data from the areas of electricity, water, gas, and temperature in industrial plants and generate progression and consumption profiles from this data.

The cooperation project
The cooperation project – an intelligent monitoring system for electrical installations – combines the smart residual current monitoring of the Doepke converters with the AI methods of twingz. It will be of particular interest for operators of larger industrial plants and also for insurers.

Original text:

Doepke.de

18/09/2020  

apti award 2020: twingz is one of the most innovative real estate start-ups!

On Monday evening, the finalists of this year’s apti award, among them, twingz, held their final pitch in front of the jury and the audience and thus competed for the title of the best PropTech Start-Up.

apti award 2020🏆
For the second time the Austrian PropTech Initiative (apti) was looking for the best real estate start-up – this year in the two categories Early Stage and Later Stage. Now the winners have been determined: Ampeers Energy in the category “Early Stage” and twingz in the category “Later Stage”!

twingz – winners in the category “Later Stage
All finalists had a total of 8 minutes each to present their innovative business concept, answer any questions they might have, and face the top-class jury. CEO Werner Weihs-Sedivy presented the twingz Machine Learning and Predictive Analytics Engine, which makes useful information from the data streams of various sensors and providers available to humans, and convinced the expert jury in the category “Later Stage”.

The jury included the two well-known business angels Rudi Fries and Markus Ertler, apti advisory board member Eugen Otto (Otto Immobilien), the journalist Erich Ebenkofler (Die Presse), as well as the two main sponsors Daniel Dworak (willhaben, representing Judith Kössner) and Veronika Ecker (EHL Immobilien, representing Michael Ehlmaier). The international jurors Bryan Lyandvert (MetaProp) and Marie Daubourg (Fifth Wall) could unfortunately not be present due to the Corona Pandemic.

The two winners will receive an advertising budget from the media partners “Die Presse”, “immoflash.at” and “Immobilien Magazin”. In addition, they will receive one of the coveted places in the pitch box of the next “PropTech Vienna” worth 1200€. These and the other finalists (andys.cc, Realest8, metr, Nuki, PriceHubble, and R8tech) will also receive a one-year free membership in the Austrian PropTech Initiative. The audience was also allowed to vote for a winner again! The Start-Up Breeze Technologies wins in the public voting and also gets a place in the Pitch Box of PropTech Vienna. You can see all photos of the event here.

14/08/2020  

What’s new in the DIA community? – twingz is also part of it!

twingz is happy to be a part of the Digital Insurance Agenda Community for already several years now. Join too and get the latest news about innovation in insurance and Insurtech every week.

The DIA Community

With already more than 250 Insurtechs that have rocked the DIA stage and more than 5,000 insurance executives, investors, and other change agents who attended one of our conferences The DIA Community is growing and growing. Often the question arises here: “How is this Insurtech community doing after the DIA?” – Fortunately, almost everyone who has been on stage at past DIA events is successful and participates in exciting business adventures.

Success stories

There are so many success stories from the DIA community that it was decided to select and share some of them with you weekly. Just inform yourself by reading the success stories and don´t miss any of the latest news about innovations in the insurance industry. – Register now!

One of the latest twingz success stories is the participation in the SummerHack 2020, where we successfully mastered the 24-hour IoT challenge. This year`s SummerHack brought together over 15 teams of IT experts, insurance organizations and students from around the world to address some of the challenges of the “Internet of Things” in the insurance industry. While the industry is aware of the importance and potential of IoT, the big breakthrough is still to come. The time has come to close this innovation gap, and so the Live Pitch Event and the virtual hackathon were created. Read more!

Interest awakened? – We look forward to hearing from you!

The twingz team wishes you many new insights.

07/08/2020  

twingz successfully mastered the 24-hour IoT challenge in SummerHack 2020

Cookhouse Labs held its first virtual 24-hour global hackathon on July 30/31, 2020, focusing on IoT (Internet of things) and insurance!

SummerHack 2020

This year’s SummerHack brought together over 15 teams of IT experts, insurance organizations, and students from around the world to address some of the challenges of the “Internet of Things” in the insurance industry. While the industry is aware of the importance and potential of IoT, the big breakthrough is still to come. The time has come to close this innovation gap, and so the Live Pitch Event and the virtual hackathon were created. Each team presented its exciting solution to the jury. Afterward, there were also prizes to win!

twingz IoT solution in just 24 hours

Werner Weihs-Sedivy, CEO of twingz, shares his impressions publicly:

“It was great to participate in this Insurtech Hackathon. We were able to add valuable features to our predictive analytics dashboard and create a targeted landing page for small and medium-sized restaurants as an Insurtech component”.

At the same time, Mr. Weihs-Sedivy invited the insurers to implement the solution and added: “Dear insurers, we would be happy to provide the targeted landing page with your logo and integrate it into your background systems. I would like to thank all participants, organizers, jurors, and especially our colleagues from msg global”.

Interest awakened? – We look forward to hearing from you!

The twingz team wishes you many new insights.

31/07/2020  

The underestimated danger: 1 out of 2,000 wind turbines suffer a fire every year!

The Caithness Windfarm Information Forum (CWIF) reported 20 wind turbine fires worldwide in 2011 and 2012. This corresponds to a total of 160 accidents involving wind turbines. Therefore, fires accounted for 12.5% of all incidents in both years.

Fires are the second most common cause of accidents involving wind turbines

CWIF identified 200 reported fires between 1995 and 2012, an average of 11,7 fires per year. This makes fires the second most common cause of reported accidents in wind turbines. All in all, according to the study, the 3 most important causes of accidents in wind turbines are

  • Blade failure (19%)
  • Fire (15%)
  • Structural failure (9.7%)

91% of all fires are not reported!

In 2011 an estimated 200,000 wind turbines were operated worldwide. Based on the data in the IAFSS report, we can assume that there were 117 fires (both reported and unreported) in the same year. This means that in 2011, 1 out of 1,710 turbines caught fire. 

twingz predictive analytics and what fire statistics for wind turbines mean for wind farms

Overall, the data show that fires in wind turbines occur relatively rarely. However, a single wind turbine fire can be very expensive for a wind farm. A turbine quickly costs over $1 million and generates $1,500 to $2,000 in revenue per day. Offshore turbines that are larger and more complex can be up to three times as expensive, but they also generate more revenue.

With “predictive analytics” from twingz, the permanent monitoring of plant and stress conditions, operators are able to detect critical developments early enough to prevent the possibility of unfortunate damage. In this context, reliability-oriented maintenance is particularly worth mentioning.

We look forward to hearing from you!

The twingz team wishes you many new insights.