Glasgow based company Ilosta has developed a ground-breaking technology using a physics-based AI algorithm to improve the reliability and increase the lifespan of engineering structures, particularly wind turbines. It reduces cost, timescales, and risks associated with the health monitoring of these structures without the need for human interaction. The company provides analytics to inspectors, surveyors, asset owners and insurance providers to give them a deeper understanding of their asset integrity.
As inspection technology has evolved from manual rope access to automated drone processes, data analysis needs to catch up. While drones can capture multiple images, it’s often impossible to determine the extent of damage from visual images alone. Ilosta offers advanced data analysis tools to bridge this gap and accurately assess and address potential issues.
Ilosta was founded by Dr Saber Khayatzadeh, a chartered mechanical engineer and certified project manager. Saber has worked in the field of structural integrity for more than 10 years after gaining a PhD in the subject at the University of Bristol. After this, he went on to work at the Advanced Forming Research Centre (AFRC) and the National Manufacturing Institute Scotland (NMIS), based within the University of Strathclyde.
It was during this time that Saber ventured into entrepreneurship and founded Ilosta (Crack Map™). The Strathclyde Inspire team were able to offer a variety of support including business and financial planning workshops, events, funding, and assistance in writing grant and competition applications. Inspire provided access to their extensive network of mentors and supporters, some of who went on to be among Ilosta’s initial investors. The team have also been supported by the University on a number of projects with academics.
The Ilosta team, now consisting of eight individuals, benefit from an office space based in the Strathclyde Inspire Hub. Each team member is an expert in their field and brings valuable technical expertise, knowledge and passion to the table. Saber credits the Strathclyde Inspire as being instrumental in the growth of the business and continues to participate in networking opportunities with other entrepreneurs and Inspire Supporters, enthusiastically offering his expertise when needed.
With over a decade of research, Ilosta are committed to sustainability and making the world a greener place. The team strives to make a positive impact on the renewable energy industry and are dedicated to providing efficient solutions that benefit both their clients and the environment. Saber’s goal is to contribute to the growth of renewable energy, while recognising the importance of sustainability and innovation in everything the team does.
Looking ahead at the coming years, the team plans to further advance their technology and establish Ilosta as a prominent player in the Wind Energy industry, while exploring opportunities to expand into other sectors. They aspire to expand their presence in international markets and play a role in promoting a more green world for all.
Saber believes that the most crucial qualities needed to become a successful entrepreneur are being passionate about your business idea, being willing to take risks, and having the ability to adapt and resiliently handle change. He offers some advice to those looking at entrepreneurship as a potential career path.
My advice to those looking to start their own business is to connect with industry professionals and seek guidance from other entrepreneurs and experts. Personally, I found the resources provided by the University of Strathclyde and Strathclyde Inspire to be incredibly helpful. Additionally, I encourage entrepreneurs to take calculated risks and explore new funding opportunities.
