Velan ABV is proud to participate in the pioneering EVOCATION project within the BI-REX Consortium. The project’s mission is to expand the current monitoring capabilities for industrial machinery, unlocking new scenarios for how manufacturing companies approach maintenance and quality. Velan ABV will apply innovative hardware and algorithms to its industrial valves and monitoring systems.
The EVOCATION project is financed by the European Union – Next Generation EU. It started on 30th November 2023 and will be developed in 18 months.
EVOCATION, a joint initiative promoted by BI-REX Consortium, focuses on leveraging cutting-edge technology to provide smarter and more detailed machinery monitoring. By integrating new smart sensors and advanced computational capabilities powered by AI, it aims to predict and prevent even rare failures.
EVOCATION aims to introduce a cost-effective way to monitor diagnostic parameters and load conditions of machinery, by leveraging smart sensors and advanced data analytics.
In collaboration with four manufacturing industries and five more technical service providers, we’re creating a synergy of hardware and software excellence to step up remote monitoring and smart maintenance for industrial machinery and plants.
Monitoring specialized machinery presents unique challenges. Some critical physical quantities are notoriously difficult to measure while machines are operating. Deformations, loading, and lubricant conditions serve as close predictors of failures, but obtaining precise near real-time data might require costly sensors, and in some cases, no sensors are currently available at all.
Additionally, specific failure incidents occur rarely, making data scarce. Reproducing these incidents in controlled environments involves expensive processes. Furthermore, real-life systems defy complete top-down mathematical descriptions. Unpredictability is inherent, necessitating adaptive approaches for maintenance planning and repairs.