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#News(Startup) [ via IoTForIndiaGroup ]
Mumbai-based Energos Cloud Technology outfits spaces with an IoT-led application that helps assess, monitor, and reduce energy consumption.
This energy efficiency (EE) platform – a novel innovation by Mumbai-based startup Energos Cloud Technology — included a machine learning (ML) box called YIVO, a sensor-based room analyser and a wireless remote control. Together, these devices connected all the Heating, Ventilation and Air Conditioning (HVAC) appliances of the bank to the internet, monitored and studied their energy usage patterns, and managed and reduced it remotely.Within eight months, the bank began noticing a drastic reduction in its electricity bills. “Our air-conditioning, signage and key equipment have been working on IoT and YIVO for over four years now,” explains the bank spokesperson. “Our AC schedules and temperatures have been standardised across all locations, and we have freed our people from having to manage strict guidelines. Our bills have dropped by 18-20 percent and we have reduced our carbon footprint significantly.”
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