- In January 2024, ABB acquired Meshmind, a Sarajevo-based R&D engineering firm specializing in AI and software development. This strategic acquisition aims to enhance ABB's capabilities in developing advanced insulation monitoring solutions by integrating AI-driven analytics and predictive maintenance features.
- In February 2023, OMRON Corporation launched the K7DD-PQ series, advanced devices designed for automatic motor condition monitoring in industrial settings. These devices reduce reliance on manual inspections by skilled workers and help prevent unexpected equipment failures. The K7DD-PQ series builds upon OMRON's existing condition monitoring technology, addressing labor shortages and the need for preventative maintenance solutions in factories.
- In July 2021, Bender GmbH & Co. KG introduced the SmartDetect iso415R, a compact device for monitoring insulation in ungrounded electrical systems. Ideal for control circuits across various industries, the SmartDetect iso415R offers easy operation, multiple interfaces, and app-based configuration, enhancing convenience and efficiency in insulation monitoring.
- In December 2021, Sensata Technologies acquired Sendyne Corporation, a move that strengthens Sensata's electrification component portfolio. Sendyne's expertise in current sensing and insulation monitoring devices is crucial for applications in charging stations, high-voltage distribution units, and energy storage solutions. This acquisition aligns with Sensata's strategy to expand its offerings in electrification components for various industries, including automotive and industrial sectors.



