Fischer Block

Fischer Block
United States
2013
Private
< $10m
< 10
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DESCRIPTION
At the forefront of the Industrial Internet, Fischer Block, Inc. brings an unprecedented value proposition to the electrical power industry with a unique solution to embed millions of advanced high-speed sensors throughout the electrical grid at a fraction of the cost of traditional alternatives. This widely deployed platform will become the industry standard for applying data analytics and predictive analysis techniques to improve energy reliability and prevent power outages. Existing market solutions require months of planning and installation time, costing utilities several hundreds of thousands of dollars per substation and consuming nearly all their available resources. Alternatively, the Fischer Block solution requires no new wiring, so installations can be completed within minutes (instead of months) and at a fraction of the cost, significantly increasing the number of substations which utilities can modernize each year. Beyond the energy sector, Fischer Block's distributed sensor technology has wide applications in related industries such as transportation, manufacturing, mining, and chemical processing. Fischer Block brings the Industrial Internet platform to life.
Our solutions leverage a unique, patented IoT edge device that mechanically connects to existing substation and MCC control panels, including directly to protection relays, motors, generators, wind turbine drive trains, test switches, terminal blocks, and more, in minutes without any wiring and without the need to schedule an outage. The patented device, which we refer to as the SMART Block?, drives waveform data collection and Digitization, enabling high resolution visibility and a full suite of Fischer Block, Inc's waveform analytical applications and services. Our applications and services, which can be deployed in the cloud or On-Premise, allow our customers in both the Utility and Industrial sectors to drive innovative new business processes and address a growing number of power quality and reliability challenges.
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