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An app that makes capturing actionable insights on building equipment
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Fast Site Survey
An app that makes capturing actionable insights on building equipment
Label Date
August 9, 2023
By
EMPEQ
From
United States
Maturity stage
TRL 9 / CRI 3-4 - Commercial Scale Up / Multiple commercial Applications
America needs to decarbonize over 7,000 buildings every day for the next 27 years if we are to reach our 2050 climate goals and the first step in each of these projects is to provide building owners actionable insight on existing equipment. With one click of a smartphone’s camera, EMPEQ’s SaaS product uses computer vision and artificial intelligence to give users ability perform rapid equipment inventories and instantly glean insights like remaining useful life and cost saving alternatives – bringing additional bandwidth to a clean energy engineering and commercial contracting industry that will quickly become a bottleneck in the climate fight.
The Environmental Benefits
- •Up to 80% more efficient than current methods of providing actionable insight on existing commercial building equipment
- •Exclusive equipment insight app for the largest energy modeling software in the world (RETScreen) and its 750,000 users
- •446,502,857 additional dekatherms reduced
The Financial Benefits
- •Provides a greater than 2000% Return on Investment on the product's SaaS fee to engineering firms and commercial contractors
- •Solves a labor shortage by providing minimally trained workers entry into the industry - resulting in a minimum of 4 additional projects per user per year (~$500,000 in additional revenue)
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Company Profile
EMPEQ
EMPEQ makes capturing actionable insights on building equipment as easy as a click of your smartphone’s camera
Headquarters
Type
Startup or self-employed
Networking Partner
Cleantech Open
Cleantech Open and the Solar Impulse Foundation, through its World Alliance for Efficient Solutions, have established a synergistic collaboration with the goal of expediting the impact of clean and efficient technologies from all sectors of industry.
Solutions Associated
12
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator EMPEQ has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.