Balaji Renukumar pitches Sensfix at Ecosummit Amsterdam 2017
July 1, 2017
Rockstart smart energy startup showcase: Balaji Renukumar pitches Sensfix at Ecosummit Amsterdam 2017.
''I happened to run my first startup bringing in automation tech into the street lighting industry for the last 7 years. Out of the last three years of those seven I could see every day the frustrations faced by our customers the street light repair and maintenance companies in lacking the infrastructure, the tools, the processes and the high tech to provide quick and efficient repairs. This is when the passion inside me made me to come up with an MVP and IoT enabled location-based service for repair and maintenance of streetlights so that we can save time, save money, resource and also connect to IoT in the end making the entire maintenance more efficient. And then came along the like-minded people like Hank for example he brings in more than 20 years of experience in the industry for street lighting. Me and Hank mentor around Holland trying to meet all the companies who are involved in the street light repairs and maintenance industry. We listened to their pain points, learnt the processes and tools they use in the everyday business. It was clear for us that sensfix with their use can bring down the market failure rate in the street light repairs from 5% down to 0.1%. With their valuable feedback we could evolve our earlier passionate idea into market ready package for which they were ready to pay and our use case is active predictive maintenance and automated planning of labor materials and inventory could save at least 90 million euros for the whole year. ''
Balaji Renukumar, CEO of Sensfix.