Entropic offers a SaaS platform that automates the pre-engineering workflow for industrial heat decarbonization projects. It generates site models, integrates parametric equipment simulations for technologies like heat pumps and thermal energy storage, and produces detailed technical specifications and financial models. This accelerates project delivery and improves business case development for OEMs and engineering firms.
Funding
Funding not disclosed
Founders
Product
Problem
The pre-engineering phase for industrial heat decarbonization projects is often time-consuming and resource-intensive, leading to delays in project delivery and challenges in developing robust business cases. This process typically involves manual data compilation, complex simulations, and the creation of bespoke financial models, which limits the capacity of engineering teams and Original Equipment Manufacturers (OEMs).
Solution
Entropic provides a software platform that automates the pre-engineering workflow for industrial heat decarbonization initiatives. The platform begins by generating detailed site models from user-provided data and questionnaires. It then integrates these models with parametric equipment simulations for technologies such as heat pumps and thermal energy storage. This approach enables the rapid generation of comprehensive technical specifications and customizable financial models, including key performance indicators like energy savings and return on investment. By streamlining these complex tasks, Entropic significantly accelerates the pre-engineering process, allowing OEMs and engineering firms to enhance their project throughput and improve business case development.
Target Audience
The primary customers are Original Equipment Manufacturers (OEMs) and engineering firms involved in industrial decarbonization projects.
Features
- Automated industrial site modeling based on uploaded data and user input.
- Parametric simulation engine for industrial heat decarbonization technologies, including heat pumps and thermal energy storage.
- Generation of detailed technical specifications and customizable financial models.
- Calculation of key performance indicators such as energy savings, ROI, and project footprint.
- Streamlined workflow to reduce pre-engineering time by up to 10x.
- Facilitates the creation of repeatable and collaborative financial models.