Senseye are Axora's Short Term Payback verified

Southampton, UK, 4th November 2021: Senseye, an industrial software company using AI for machine reliability and sustainability, has been labelled 'Verified for Short Term Payback' by Axora, a B2B digital solutions marketplace and community for digital innovators in the metals and mining and oil and gas sectors. 

Axora’s ‘Verified for Short Term Payback’ initiative reviewed Senseye’s ROI Lock® profile - specifically, its short-term payback – and it was highlighted as a solution demonstrating hard cost savings that more than offset the cost of purchase and deployment, within a period of 12 months or less. The verification was supported by Axora reviewing multiple real case studies in order to determine authenticity. 

Axora reviewed 3 separate customer case studies, and all achieved impressive paybacks in less than 12 months. In one global steel leader, the customer was able to leverage existing sensors, use their existing staff and reduce unplanned downtime by 20%. This resulted in 10x ROI and payback within 3 months. This payback was initially achieved across 50 assets and has since been expanded to over 1,000 assets.

Senseye uniquely offers an ROI guarantee, ROI Lock® to ensure success in Predictive Maintenance deployments. This ensures that if the agreed ROI is not achieved within 12 months, a full refund is provided.

Alexander Hill, Chief Global Strategist of Senseye said: “Predictive Maintenance is now a critical investment to ensure organizations are operating and maintaining their assets in the most efficient way possible.

“We’re proud to provide complete reassurance to our customers of the success they’ll see by using our award-winning software. Having Axora independently verify this is another powerful statement to how well Senseye PdM works.”

Nick Mayhew, Chief Commercial Officer of Axora said: “We’re delighted to verify Senseye as part of our ‘Short Term Payback’ initiative.

“Axora is confident, especially combining with its ROI guarantee, that Senseye can demonstrate strong payback profiles in a range of industries and scenarios.” 


For more information, press only:

Niall Sullivan, Senseye, (+44)7916213216,   

About Senseye:

Senseye, headquartered in the UK with regional offices in Germany, France, USA, and Japan is a leading industrial solution company for AI driven machine reliability and sustainability. Senseye helps global industrial organizations unlock savings through machine health optimization in key industries such as Automotive, Manufacturing, Heavy Industry and CPG / FMCG.