Based in Sweden, Viking Analytics is a provider of AI-based proprietary vibration monitoring solutions for the predictive maintenance of industrial assets. Viking Analytics’ MultiViz Vibration automatically detects unseen or pre-failure operational modes, conducts detailed diagnostics, and provides recommendations.
MultiViz is available as an application programming interface (API) that can be connected with data from vibration sensors, allowing customers to build their own solution. It also operates on a subscription basis, which offers wireless vibration sensors, data storage, and AI-based analytics for a monthly fee.
Key customers and partnerships
In January 2023, Viking Analytics secured a commercial agreement with ABB to offer machine health monitoring solutions to ABB’s Switchgear customers.
Funding and financials
In January 2023, Viking Analytics raised EUR 3 million (〜USD 3.3 million) in a Series A funding round co-led by Finindus and Sweden-based Industrifonden, with participation from ABB and existing investors, to accelerate the development of its machine health monitoring solutions.
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