An elaborate study executed in the direction of exploring energy saving potential shows that more than 20% of electrical energy used in industry is used for pump systems. Experts calculate that more than 30% of this energy can be saved by improving control and diagnosis for pump systems. Unfortunately, the application ratio of such system is small and consequently a large demand for such technological advanced systems can still be observed in the pump industry. Because of this reason and still growing demand of saving energy in industry, two Universities in Germany and Switzerland together with leading German pump manufacturer decided to join their knowledge and skill to work on the project called "Smart Pump". This paper presents one of the first results of this project, which goal is the development of future control methods and diagnosis systems for intelligent pumps.