NETICO Solutions: From Monitoring to Predicting Failures


10.11.2026

Transformers are key components of electricity distribution networks, and their reliable operation is essential to a stable electricity supply. However, a lack of timely information about equipment conditions can mean that problems are only detected after a failure has occurred, making maintenance planning more difficult and increasing the risk of unplanned outages.

Recognising the need for better monitoring of electrical equipment, NETICO Solutions developed Transformer Monitoring Device, an integrated hardware and software solution that enables continuous monitoring of transformers. The device collects key operating parameters in real time and can connect easily to existing equipment without requiring complex infrastructure modifications.

The system's main advantage is that it enables electricity distribution network operators to detect changes in transformer performance at an early stage and assess the need for intervention based on the data collected. Rather than relying solely on periodic inspections or responding to failures after they occur, maintenance can be planned according to the actual condition of the equipment. This creates opportunities for more efficient resource management and reduces the risk of unplanned downtime.

Funding from the European Union, provided through a programme of the Innovation Fund of the Republic of Serbia, played an important role in the development of Transformer Monitoring Device. This financial support enabled the company to refine the technology and advance its development.

“What sets our product apart is its proactive approach to addressing problems,” the team at NETICO Solutions explains.

This approach provides the foundation for predictive maintenance, where data analysis can help identify signs of potential faults before they lead to more serious consequences. For network operators, this means more time to plan maintenance activities and the opportunity to reduce unnecessary costs.

Transformer Monitoring Device demonstrates how modern technologies can improve the management of existing electricity infrastructure. The solution developed by NETICO Solutions aims to support more reliable electricity distribution systems, with maintenance decisions increasingly based on data reflecting the actual condition of the equipment.

 

                    

 

Direct Grant - Increased innovation capacity and growth of SMEs is signed between the Innovation Fund and Ministry of Finance - the Department for Contracting and Financing of EU Funded Programs (CFCU) provides funds for the continuation of Mini Grants Program, Matching Grants Program and Collaborative Grant Scheme Program. The total budget of the Direct Grant Agreement is EUR 26 million, of which EUR 16 million is from the European Union Pre-Accession Assistance for 2019 (IPA 2019) and EUR 10 million is from the budget of the Republic of Serbia, under the Ministry of Science, Technological Development and Innovation. The amount allocated for financing approved projects under the Mini Grants Program, Matching Grants Program and Collaborative Grant Scheme Program financed under this Direct Grant Agreement is EUR 20.6 million. More about the project can be found on https://www.inovacionifond.rs/en/