Ecosummit, which was founded in 2010, helps accelerate innovative companies in energy, transportation, and smart cities with the goal of reducing climate change, decarbonizing the economy, and electrifying the world. Their events help to facilitate financing, open innovation, and mergers and acquisitions. At this year’s Ecosummit, Sensfix demonstrated the smart energy solutions we have built to disrupt the energy sector.

In this video, Sensfix CEO Balaji Renukumar outlines how Sensfix developed a product with high demand in the market. It was about listening to clients’ problems and learning about their processes and tools. Our streetlight repair and maintenance clients were frustrated by a lack of infrastructure, equipment, processes, and technology to deliver speedy and effective repairs. That prompted Sensfix to develop its first IoT-enabled, location-based solution for streetlight repair and maintenance. The technology saves time, money, and resources, making repair and maintenance more efficient. The Sensfix platform was able to reduce failure rates in streetlight maintenance from 5% to 1% and helps municipalities save 15% to 62% on street light costs.

Watch the video: