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February Monthly Edition 2024

Unlocking the Power of Battery Intelligence: A Peaxy Story

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In the rapidly evolving landscape of industrial technology, one critical component stands out for its transformative potential: batteries. From powering electric vehicles to storing renewable energy, batteries are at the heart of innovation across various sectors. However, harnessing their full potential requires more than just manufacturing prowess; it demands a deep understanding of data analytics and predictive maintenance. This is where Peaxy steps in, offering a comprehensive battery intelligence platform that revolutionizes how companies manage their assets.

Founded in 2012, Peaxy emerged with a clear mission: to bridge the gap between industrial assets and data analytics. Manuel Terranova, Co-founder and CEO, envisioned a future where every piece of data generated by batteries could be leveraged to optimize performance and minimize downtime. With a team boasting extensive experience in commercial technology application and research and development, Peaxy set out to make this vision a reality.

Battery Analytics Redefined:

At the core of Peaxy's offering lies its battery intelligence platform, a sophisticated ecosystem that tracks the entire lifecycle of every battery. Powered by AI and machine learning, this platform transforms raw data into actionable insights, enabling companies to make informed decisions at every stage, from research and development to manufacturing and deployment.

Peaxy's platform accelerates R&D processes and streamlines production lines by automating data capture and analysis. By providing a single source of truth, companies can swiftly identify inefficiencies and optimize their manufacturing processes with unprecedented precision. This streamlined approach not only enhances productivity but also ensures the quality and reliability of the final product. With Peaxy's platform, companies can stay ahead of the curve in a rapidly evolving landscape, driving innovation and maximizing the value of their battery assets.

Battery Health Monitoring:

Real-time monitoring is essential for ensuring the safety and performance of batteries. Peaxy's platform allows companies to isolate root causes for underperforming batteries and implement proactive maintenance strategies, minimizing the risk of failures and downtime. In the realm of grid and energy storage systems, Peaxy's digital twins revolutionize maintenance scheduling and minimize disruptions. By providing a comprehensive view of each managed battery, companies can optimize their operations and maximize the efficiency of their energy storage assets.

For companies operating in the electric transportation sector, Peaxy offers unparalleled visibility into battery performance throughout the assembly journey. This transparency not only facilitates warranty and recall management but also enhances overall safety and reliability.

Defense Readiness Enhancement:

Peaxy's platform extends its benefits to defense applications, offering recommendations for maintenance on battery and inverter systems. Leveraging digital twins and predictive analytics, defense organizations can ensure readiness under any condition, enhancing operational efficiency and reliability.

What sets Peaxy apart is its holistic approach to data management. While most software providers confine companies within their own walled gardens of data, Peaxy breaks down these barriers, enabling seamless connectivity across diverse data sources and formats. This interconnected data value chain forms the foundation for transformative change, empowering companies to unlock the full potential of their analytics initiatives. 

Customer Testimonials:

The impact of Peaxy's platform is best reflected in the words of its customers:

  • Philippe Bouchard, SVP of Business Development at Eos Energy Enterprises, emphasizes the importance of building the right data foundations for continuous innovation across R&D, manufacturing, and operations.
  • Robert Bagheri, CEO of Sakuu, highlights the critical role of Peaxy's expertise in managing and modeling battery assets, ensuring their ability to innovate swiftly and continuously.

Driving Innovation, Ensuring Reliability:

As Peaxy continues to push the boundaries of battery intelligence, its impact reverberates across industries, touching various sectors where batteries play a pivotal role. In the realm of electric vertical takeoff and landing (eVTOL) vehicles, the assurance of reliable and safe batteries is paramount for ensuring the safety of passengers and the success of these innovative modes of transportation. Similarly, in renewable energy storage systems, such as those utilizing solar or wind power, the reliability of batteries is crucial for maximizing the efficiency and effectiveness of these sustainable energy sources. With Peaxy's proven expertise and track record, companies can confidently navigate the complexities of battery management, knowing they have a trusted partner by their side. By leveraging Peaxy's comprehensive platform, companies can unlock new levels of innovation while ensuring the reliability and safety of their battery-powered systems. Whether it's optimizing battery performance in electric vehicles, maximizing the efficiency of energy storage systems, or enhancing the reliability of defense applications, Peaxy empowers companies to redefine what's possible in the realm of industrial innovation.

In today's dynamic landscape of industrial technology, Peaxy stands as a beacon of innovation, revolutionizing the way companies harness the power of battery intelligence. With its unwavering commitment to customer success, Peaxy not only transforms the way batteries are managed but also empowers companies to shape the future of clean energy and electrified transportation. As we look ahead to a world powered by sustainable energy solutions, Peaxy remains at the forefront, driving progress and shaping the world of tomorrow.

Manuel Terranova, Co-founder and CEO

“We connect the data value chain for batteries and other industrial assets, bringing data monetization and operations optimization to OEMs and operators.”

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