Clobotics Joins Forces with Leading European Wind O&M Provider GEV to Bring Artificial Intelligence to $27.4 Billion Market

SEATTLE – February 20, 2019Clobotics, a leading provider in industry-level computer vision solutions, today announced a global strategic partnership with GEV Wind Power, one of the largest wind operations and maintenance (O&M) companies in Europe. The global partnership will use Clobotics pioneering artificial intelligence solutions to deliver AI-based autonomous blade inspections for wind turbines, fueling the ongoing digitalization of the global wind O&M market. This partnership will cover all the regions GEV currently serves, bringing Clobotics’ revolutionary solutions to a broad swath of the globe, including Europe, Africa and North America.

“By combining deep industry expertise, a premiere global network and advanced AI technology, Clobotics and GEV are taking the lead in capturing the next wave of growth in this multi-billion-dollar market,” said George Yan, chief executive officer of Clobotics.

With Clobotics Smart Wind, the autonomous drone flies around the turbine and builds a 3D picture of all the blades, capturing high resolution images as it flies, and then lands back to the starting point upon completion. Inspection is done in minutes, rather than hours. Images of blades are then automatically analyzed, annotated, and reported on the cloud-based customer portal the very next day. Using the portal, customers can easily track the entire lifecycle of turbines, see the progression of damage and view trend reports on individual turbines or their entire fleet.

GEV Wind Power is one of Europe’s most experienced turbine maintenance companies, with a significant presence around the globe servicing 130 wind farms across 13 countries throughout Europe and 17 wind farms in North America, with more than 3000 wind turbines repaired. GEV is recognized as a trusted partner by many global top turbine manufacturers such as Siemens Gamesa, GE, and Nordex. Backed by GEV’s extensive global clientele, Clobotics will quickly penetrate the three largest wind markets: Europe, US, and China.

“We’ve been looking to add autonomous blade inspection to our range of product offerings but recognized that this requires enterprise-level expertise in AI technologies, which is very hard to come by,” says David Fletcher, managing director of GEV Wind Power. “When we saw Clobotics’ solution live, we were very impressed with the technological advancement compared to the other solutions we had seen. We are confident that Clobotics can deliver to GEV’s high standards of performance and safety on a global scale.”

The global wind energy market experienced double-digit annual growth over the last decade, creating a multibillion-dollar O&M market growing more rapidly with aging turbines. Analysts estimate that the global wind O&M market grew from USD $2.12 billion in 2006 to $13.74 billion in 2016, at a compound annual growth rate (CAGR) of more than 20.6 percent. Analysts are anticipating the market reaching $27.4 billion by 2025, but this estimate does not account for the great potential that autonomous drones, enabled-by-AI, is generating. Clobotics’ advancements in artificial intelligence and AI-fueled digital transformation is revolutionizing how the O&M industry operates, unlocking previously unknown market opportunities.

Source: Global Wind Statistics Report 2017, Global Wind Energy Council.

“Our confidence of entering the most sophisticated wind markets comes from our strong technical backbone and continuous effort in innovation. We push technical boundaries so that our customers can focus on achieving their next level of productivity and growth,” said Yan.