The startup develops cloud-based software that utilizes artificial intelligence to analyze and optimize industrial energy management systems in real-time. By enabling data centers, manufacturing plants, and utilities to model and visualize their energy assets, the software aims to reduce CO2 emissions and lower energy costs.
Funding
$9.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BHFounders
Product
Problem
Industrial facilities, data centers, and utilities face increasing pressure to reduce energy consumption and CO2 emissions while maintaining operational efficiency. Existing energy management systems often lack the real-time analytics and optimization capabilities needed to adapt to dynamic conditions and complex energy assets. This results in wasted energy, increased costs, and difficulty meeting sustainability goals.
Solution
etalytics offers a cloud-based energy management platform that leverages artificial intelligence to analyze and optimize industrial energy systems in real-time. The platform, centered around etaONE®, enables users to model and visualize their energy assets, providing comprehensive dashboards, insightful reports, and real-time control views. By integrating data-driven analysis and AI-powered predictive control, etalytics helps organizations identify and eliminate energy waste, optimize energy procurement decisions, and reduce their carbon footprint. The platform's modular design allows for tailored solutions, including AI-driven control optimization (etaCONTROL), high-precision energy forecasting (etaFORECAST), and seamless connectivity to industrial IoT devices (etaEDGE®).
Target Audience
The primary target audience includes energy managers, operations managers, and sustainability officers in data centers, manufacturing plants, the chemical and pharmaceutical industries, and the automotive sector, as well as utility companies seeking to optimize energy consumption and reduce CO2 emissions.
Features
- **etaONE® Platform:**
- Streamlined asset and system modeling with inheritable pre-defined and custom features
- Comprehensive dashboards, insightful reports, series analysis, and real-time control views
- High-performance time-series database offering advanced sampling and transformation capabilities
- Automated processes with a robust time-series database, advanced sampling, and transformations
- Ability to execute custom scripts utilizing a high-speed time-series database with sampling and transformation features
- Proactive monitoring through routine evaluations for alerts, condition status, and efficiency optimization
- **etaMIND® AI Suite:**
- AI-driven predictive control optimization for complex energy systems considering dynamic influences like weather, internal loads, and energy markets (etaCONTROL)
- AI-driven high-precision energy/load forecast for better energy procurement decisions and base for optimal control (etaFORECAST)
- **etaEDGE® IIoT Gateway:**
- IIoT connectivity supporting OPC-UA, Modbus TCP, REST, and LoRaWAN for versatile connectivity
- **etaEMPOWER® Services:**
- Flexible installation options: on-premises or across various cloud platforms
- Tailored setup and modeling solutions, on-premises or in the cloud