Atlas Copco Airpower n.v. (ATLAS)

Screen Shot 2015-10-26 at 17.16.27

Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and service focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7) and more than 40 000 employees. Atlas Copco is listed on the NASDAQ OMX Stockholm exchange. There is always a better way. For more than a century this guiding principle has driven Atlas Copco’s engineers and designers to develop new technology and revolutionise productivity in drilling, manufacturing and other industrial processes. Many of the Group’s products have become global success stories. Atlas Copco continuously searches for external partnerships to build long-term relations with inventors, customers, suppliers, academia, research companies and institutes. Collaboration is an important key element in our innovation process to meet customer demands. Atlas Copco has around 2 500 employees conducting research, design and development at dozens of sites around the world. The Group’s main R&D hubs are in Sweden, Belgium, India and China, but there are R&D operations in many other countries. Atlas Copco’s Airpower facility in Belgium is the world’s largest and most advanced manufacturing site for both portable and stationary compressors, employing around 2 600 people of which around 500 engineers are engaged in advanced product design and development as well as research on topics such as energy recovery, air filtration and separation and much more. Atlas Copco Airpower is the head office of Atlas Copco’s business area Compressor Technique, which had revenues in 2013 of MSEK 33 823.

Relevant Expertise for the project:

Atlas Copco is worldwide market leader for air compressors and has a strong focus on service. A substantial share of its revenues is generated by service (36% for the Compressor Technique business area in 2013 compared to 58% from equipment sales). Additional to product innovation, Atlas Copco invests substantial effort in service innovation. Atlas Copco already has a track record of more than 10 years in connecting compressors for remote monitoring. Today its SMARTiink solution connects already thousands of compressors and the ambition is to grow substantially in the future. We have extensive experience in connectivity, data mining, condition monitoring and business development related to maintenance services. In this project more than 10 employees with relevant expertise will be directly involved and others indirectly (amongst several Phd’s). We already have expertise in working on related topics with a.o. FMTC and KU Leuven.

Role in the project:

In the MANTIS project, Atlas Copco will develop of a ”health map” for connected compressors that supports decision making for maintenance services. The topics we will work on : • Service platform architecture : application of this on a large scale industrial network of connected compressors (WP1). • Smart sensing and data acquisition + analysis and decision making : using machine learning techniques for some of the intelligence ’under the hood’ of this health map (WP3 + WP4). • HMI design and development : visualisation of information for the ”health map” (WP5).