One of Six Finalists in the Cleanweb category at SXSWEco
Fluitec Wind is one of six finalists in the Cleanweb category and will share its proprietary Big
Data Analytic Platform for Wind Turbines.
Fluitec Wind CEO Frank Magnotti is scheduled to speak at the
SXSWEco Conference in Austin, TX today. As one of the six finalists in the Cleanweb category, Fluitec will
share its proprietary Big Data Analytic Platform for Wind Turbines.
The SXSWEcoconference is centered on furthering innovation and action around sustainability initiatives. In
the same way that other SXSW events have influenced tech trends, debuted Oscar-winning films and launched
globally successful musical artists, SXSWEco aims to lead the way to innovative business solutions around
sustainability and climate change.
Fluitec Wind is a clean technology company focused on decreasing the cost of wind turbine operations and
maintenance through advanced data analytics. Fluitec has amassed a global database of operational, genetic and
diagnostic data from turbines representing 10GW or 25,000 turbine years. Without any additional capital
expense, without any new sensors and monitoring systems, and with the massive existing data a turbine
operator has, Fluitec can predict specific failures to within 3 months. This allows for significant reduction in
costly unscheduled maintenance and more effective scheduled maintenance.
“The typical return on this kind of an investment is 5-10 x, and with the savings gained working with us, can
add 1-2% profitability to the bottom line of turbine operators,” Magnotti said.
Fluitec Wind’s parent company, Fluitec, SA, provides condition monitoring, advanced filtration equipment and
additives to extend the life of lubricants and increase the availability of rotating machinery. Fluitec products are
in nuclear, coal, and gas power generation facilities in over 40 countries.
Fluitec Wind is a rapidly growing technology company with a well-defined mission, a defined niche, and a
passion to execute. The company has been awarded $3.3 million in funding from the State of New Jersey
through the Clean Energy Manufacturing Fund (CEMF). In addition, in 2012 the company won an award at the
prestigious Castrol 20/20 initiative in recognition of its innovation in the use of lubricants.
Fluitec Wind is a wholly owned subsidiary of Fluitec. Fluitec’s expert team comprises recognized thought
leaders in the lubrication world. The parent company was voted top awards at the Cleantech Forums in Paris
and New York in 2010.