Akselos is a technology startup that provides structural performance management software. The company operates in the asset management market, serving clients who need to optimize their maintenance programs and extend the life of their assets. These clients typically come from industries such as energy and refining, where equipment integrity and uptime are critical.

The company's software uses real-time, physics-based simulations to provide insights into the current state of an asset. This allows clients to identify potential failure points, streamline inspections, and reduce downtime. The software also enables on-demand Fitness for Service (FSS) assessments, which help determine the remaining useful life of an asset. This information can be used to make informed decisions about maintenance schedules and asset replacement, ultimately reducing costs and increasing asset lifespan.

Akselos' business model is based on providing this software as a service. Clients pay for access to the software and the insights it provides, which can help them optimize their maintenance programs and extend the life of their assets. This can lead to significant cost savings, as well as increased operational efficiency and productivity.

The company's software is also being used to develop real-time condition-based monitoring capabilities. This will allow clients to understand what is happening with their assets at all times, and make informed decisions based on real-time data. This could further reduce risk and costs, and increase the value derived from assets over their lifecycle.

Keywords: Asset Management, Structural Performance Management, Real-Time Monitoring, Physics-Based Simulations, Maintenance Optimization, Asset Lifespan Extension, Fitness for Service Assessments, Operational Efficiency, Cost Reduction, Real-Time Condition-Based Monitoring.