What Elmodis does

Elmodis Sp. z o.o. is a Poland-based Industrial Internet of Things (IIoT) company founded in 2015 by Artur Hanc and Marcin Święch, engineers with over two decades of experience in machine monitoring, diagnostics, and energy efficiency for European industrial customers. The company provides an end-to-end solution that combines proprietary Smart Edge Devices (SDMS-MMS and SDMS-VMS-E product lines) installed in motor control center panels with a cloud-based analytics platform hosted on Microsoft Azure. Edge devices perform high-frequency electrical signal capture (current and voltage from electric motors), preprocess and compress data into KPIs locally, and transmit to the cloud where patented machine learning algorithms generate anomaly detection, failure prediction, and performance optimization insights. The company also offers an Integrated Digital Twin environment for automated creation of digital models of machines and process lines.

The business operates a hybrid revenue model combining hardware sales of edge devices with tiered annual subscriptions: Asset Monitoring As A Service (entry tier), Asset Diagnostics and Condition Prediction As A Service (mid-tier), and Asset Performance Optimization As A Service (premium tier). Distribution runs through direct enterprise field sales supplemented by an industry-specific channel partner program and a REST API for integration with external data management systems. Target verticals are Utilities, Manufacturing/OEM, Energy, and Electric Transportation, with operations spanning Poland (HQ), US/Canada (Redwood City), the Netherlands (Leiden), and Japan (via Meidensha Corporation partnership). The company has raised approximately $5.15M in disclosed equity funding from Innovation Nest, SET Ventures, Intel Capital, and Meidensha, and has secured over PLN 13.9M in EU and Polish government R&D grants across Digital Twin, Edge Computing, and R&D implementation projects. Xylem is the most prominent disclosed customer/strategic partner, with the combined SAM PRO/Elmodis solution marketed to water and wastewater utilities globally.

Name

Elmodis

Legal name

Elmodis Sp. z o.o.

Website

https://elmodis.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Elmodis is a Poland-based IIoT company that combines smart edge hardware with cloud-based AI/ML analytics to monitor, diagnose, and optimize electric-powered industrial machines for Utilities, Manufacturing, Energy, and Electric Transportation customers across Europe, North America, and Asia.

Ownership category

akta.pro rank

Product category

Industrial IoT Asset Performance Monitoring

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Utility Asset Performance Management & Predictive Maintenance (Grid/Plant IoT) (EUADAPAI)

akta.pro secondary industries

Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC), Industrial I/O, Signal Conditioning & Remote Terminal Units (RTUs) (IMAGABAD)

Keywords

• Industrial IoT monitoring
• Predictive maintenance software
• Electric motor diagnostics
• Asset performance management
• Vibration monitoring systems

Headquarters

HQ city

Kraków

HQ country

Poland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. X-as-a-Service (Asset Monitoring, Diagnostics, and Performance): Annual service subscription model providing comprehensive monitoring and diagnostics for industrial machines. Tiered service levels include Asset Monitoring (process change detection, statistical data, parameter overview, notifications), Asset Diagnostics (adds power supply abnormality detection, failure detection, motor electrical condition diagnosis, anomaly detection, parameter trend tracking), and Asset Performance (adds benchmark reporting, operational condition monitoring, and operational problem identification).
2. Hardware Sales (Edge Devices and Modules): Sale of diagnostic and monitoring modules installed in motor control center panels or dedicated local panels. The Elmodis solution is fully scalable with new diagnostic and monitoring modules easily added without reconstructing the entire system.
3. Implementation and Support Services: Comprehensive support throughout integration, including system launch, data verification, analytics configuration, and ongoing monitoring services. Integration typically takes no more than one hour per machine.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Elmodis sells an end-to-end Industrial IoT solution that monitors and improves the performance of electric-powered industrial machines. The offering combines Smart Edge Devices that capture high-frequency electrical signals and process parameters from rotating equipment with a cloud-based analytics platform powered by patented machine learning algorithms. The solution is delivered as tiered X-as-a-Service subscriptions (Asset Monitoring, Diagnostics and Condition Prediction, and Performance Optimization) together with hardware sales, REST API integrations, and implementation services for utilities, manufacturing/OEM, energy, and electric transportation customers.

Product overview

Elmodis offers an end-to-end IIoT solution combining hardware (Smart Edge Devices and diagnostic modules) with cloud-based software services. The core platform is the Smart Drive Monitoring System (SDMS), available in two product variants: SDMS-MMS for motor monitoring and SDMS-VMS-E with extended vibration monitoring. The solution is delivered as three service tiers: Asset Monitoring As A Service (entry level), Asset Diagnostics and Condition Prediction As A Service (mid-tier), and Asset Performance Optimization As A Service (premium). Edge devices capture high-frequency electrical signals and process parameters, preprocess data into KPIs locally, and transmit to the Elmodis cloud platform for analysis, reporting, and predictive insights via web portal or direct notifications.

Differentiator

Problem solved

Functional benefit

Products and services

• SDMS-MMS (Smart Drive Monitoring System – Motor Monitoring System) Hardware and software product line for monitoring electric motors and rotating machinery. The system measures electrical energy flowing through machines and calculates hundreds of parameters in real time to provide detailed information about machine performance and state, targeted at industrial operators and OEMs of pumps, blowers, compressors, and other rotating assets.
• SDMS-VMS-E (Smart Drive Monitoring System – Vibration Monitoring System Extended) Extended monitoring product that integrates vibration sensors and process parameters (temperature, pressure, flow rate) with electrical signal analysis for comprehensive industrial asset monitoring, targeted at operators of rotating equipment that need multi-sensor diagnostics beyond electrical signature alone.
• Elmodis Smart Edge Devices Compact edge computing hardware devices that read electrical signals from assets together with local process data, perform thousands of calculations per second, and transmit high-quality KPIs to the cloud via cellular, Wi-Fi, or Ethernet. Devices are designed for installation in motor control center panels and dedicated local cabinets to deliver scalable monitoring across industrial sites.
• Elmodis Asset Performance X-as-a-Service Subscription Recurring annual subscription service delivering continuous online monitoring, diagnostics, and performance optimization of industrial electric motors and rotating assets. Delivered as three functional tiers — Asset Monitoring (process change, overload, statistical data, notifications), Asset Diagnostics and Condition Prediction (power supply abnormality, failure detection, motor electrical condition, anomaly detection, trend tracking), and Asset Performance Optimization (benchmark reporting, operational condition monitoring, Best Efficiency Point analysis, operational problem identification) — targeted at industrial operators and OEMs seeking predictable, subscription-based predictive maintenance outcomes.
• Elmodis Cloud Platform Secure cloud-based software platform, hosted on Microsoft Azure infrastructure (with data stored in Ireland), for storing, analyzing, and reporting Elmodis monitoring data. Provides real-time operational insights, encrypted data protection, personalized reports, automated system updates, and role-based authorized web portal access for industrial customers and partners.
• Integrated Digital Twin Environment Software environment for automated creation of digital models of real assets (machines and process lines) and the processes they control, using ML and AI algorithms to model optimal operating areas and simulate anomalies and defects. The product underpins Elmodis's asset performance insights and enables semi-automatic and fully automatic modeling for industrial systems optimization.

Quantifiable outcome

• >20% efficiency improvement and 3x less risk of failure in energy sector applications
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• XylemflagshipStrategic or Co-development PartnerStrategic partnership combining Xylem's SAM PRO digital twin expertise with Elmodis edge technology. Together they provide automated prescriptive insights for water and wastewater systems operators, enabling real-time monitoring and prediction of potential failures in rotating assets. This is a flagship partnership producing a combined solution marketed to Xylem's global customer base.
• Microsoft AzurecoreTechnology or IntegrationMicrosoft Azure provides the cloud infrastructure for Elmodis's platform. User data is stored on Microsoft Azure virtual and cloud servers located in Ireland. The platform integrates with Azure Machine Learning Studio for advanced analytics and data processing capabilities.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Augury: Augury provides AI-driven machine health monitoring using vibration and AI diagnostics for rotating equipment (pumps, motors, fans) — overlapping directly with Elmodis's core product on similar asset classes and customer personas, with a comparable hardware+cloud subscription model.
• Senseye (a Siemens company): Senseye is a predictive maintenance software platform for industrial machinery using ML on sensor data; directly competes with Elmodis's predictive analytics tier and was acquired by Siemens to bundle into MindSphere.
• Uptake (AssetWatch): Uptake spun out AssetWatch, a vibration-based condition monitoring service for rotating industrial assets — closely aligned with Elmodis's SDMS-VMS-E vibration module and target customer base.

Broad incumbents

• Samsara: Samsara offers a broad industrial IoT platform covering asset monitoring, fleet, and facilities — overlapping with Elmodis on asset performance use cases but as part of a much wider operational portfolio.
• Siemens MindSphere: Siemens's industrial IoT/edge platform competes for the same OT integration budget; with the Senseye acquisition Siemens bundles predictive maintenance directly against Elmodis's value proposition.
• GE Digital (Predix / APM): GE Digital's Predix-based Asset Performance Management suite targets utilities and industrial operators with predictive maintenance — a direct alternative for Elmodis's utility and energy customers.
• Honeywell Forge: Honeywell Forge provides enterprise asset performance and predictive maintenance for process industries — competing for similar budgets and customer profiles as Elmodis, particularly in energy and manufacturing.
• ABB Ability: ABB Ability Condition Monitoring covers motors, drives, and rotating equipment — overlapping directly with Elmodis's electric-motor monitoring offering while bundled with ABB's installed base.
• C3.ai: C3.ai provides enterprise AI applications including asset performance and reliability for industrial customers — competing for similar predictive maintenance use cases via a software-only model.
• IBM Maximo Application Suite: IBM Maximo is an enterprise asset management platform used by utilities and manufacturers, often paired with predictive maintenance modules — competes with Elmodis for IT/OT budget in large industrial enterprises.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/elmodis_iot

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elmodis