12 - 14 Nov 2024

Case: Innovative sensors driving sustainable solutions

Elementric is an innovative Insurtech and Proptech company that specialises in advanced wireless sensors for leak detection in buildings. Their products, such as the Drip Mat, are designed to detect leaks early in critical areas such as kitchens and bathrooms.

By combining sensors with a user-friendly app, property managers can monitor and react in real time to prevent costly water damage.Elementric also contributes to a sustainable future by reducing both the financial and environmental costs of water-related damage.

The challenge that needed to be solved

Freeze damage has become an increasing problem, especially in colder climates, and causes a lot of water damage. This places high demands on early detection to minimise damage and costs.

Description of the solution and technology used

Elementric has developed the Drip Mat with a built-in temperature sensor, which can alert via the company's app if the temperature drops below 10 degrees. Using both LoRaWAN and WiFi for connectivity, Elementric's sensors can be easily monitored in real time via their user-friendly app. The app gives property managers the ability to monitor all the sensors in their buildings in one place, increasing the ability to act quickly in the event of potential damage.

Results and success factors

Elementric's customers have already detected several water leaks thanks to the sensors, saving them hundreds of thousands of dollars in damage costs. This has not only reduced the financial burden, but also helped reduce the environmental impact of water damage.

The impact of innovation on industry and society

Elementric is the only sensor manufacturer in Europe that can offer a NIS2-compliant product. In addition to water leaks, the company can now also help industrial companies detect oil leaks, for example from machines that use hydraulic oil in production, expanding the applications for their technology.