Startup Of The Week

Startup Of The Week: Akselos

Startup Of The Week: Akselos

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Akselos, a 2020 World Economic Forum Technology Pioneer,  is a digital twin startup that helps companies model and simulate the structural behavior of large-scale assets in order to improve their design, maintenance, reliability and lifetime.

Shell is using Akselos’ technology across its oil & gas and wind portfolios. ESB, a state-owned utility operating in Ireland, is using the startup’s digital twin technology to try and extend the life of a hydroelectric pump station  by 20 years. And if Akselos has its way its technology may soon be used by airplanes. The Swiss startup is out to prove that marrying its digital twin technology with the latest machine learning techniques will enable aircrafts to adjust to structural damage on the fly.

About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.