Early this week, energy-efficiency-as-a-service (EEaaS) startup TablePointer introduced an over US$2.3 million oversubscribed seed funding spherical led by Wavemaker Companions, AgFunder, and ENGIE Manufacturing facility. The Singapore-based agency will make investments the cash to develop new options and product modules and foray into new markets in Southeast Asia.
e27 had a fast chat with Founder Jason Tang in regards to the challenges within the power administration options business and the way the corporate tackles them with its cutting-edge options.
Are you able to inform us extra about your energy-efficiency-as-a-service answer and the way it works?
Our energy-efficiency-as-a-service answer leverages Web of Issues (IoT) sensors to gather power knowledge and machine studying algorithms to establish alternatives for power effectivity. The answer entails the set up of units that monitor operational actions and power utilization, then utilizing knowledge evaluation and machine studying to establish areas the place power will be saved, and regulate the purchasers’ tools for power financial savings.
TablePointer additionally gives ongoing assist and upkeep for these units.
How does TablePointer differentiate itself from different power administration options available in the market?
Our USP is that we provide a subscription-based mannequin that eliminates upfront prices and ensures power financial savings for shoppers. We additionally emphasise a data-driven method that repeatedly screens and optimises power consumption.
What are a few of the challenges that you just face within the power administration business, and the way do you intend to deal with them?
A number of the challenges we face embrace low consciousness in regards to the potential advantages of power effectivity and restricted entry to capital for power effectivity tasks.
Additionally Learn: TablePointer raises US$2.3M to enter new markets with its IoT, AI-based power effectivity options
To deal with these challenges, TablePointer plans to coach potential shoppers in regards to the ROI of power effectivity, associate with financing establishments to supply enticing financing choices and differentiate itself by its data-driven method.
Are you able to stroll us by a few of the key options and product modules that you just plan so as to add?
An enhanced analytics dashboard for purchasers, superior IoT options for extra kitchen tools, and improved knowledge analytics algorithms.
Which markets in Southeast Asia are you focusing on for enlargement, and why? How do you intend to scale in these new markets?
TablePointer is focusing on a number of markets in Southeast Asia for enlargement — particularly markets with vital potential for power financial savings and residential to many companies that want to cut back their power prices and enhance their sustainability practices.
To scale the enterprise in these new markets, TablePointer might want to put money into further gross sales and advertising sources, in addition to native partnerships and collaborations to raised perceive the wants of every market.
Are you able to talk about a few of the key partnerships or collaborations that TablePointer has fashioned so far?
We now have fashioned partnerships with a number of key gamers within the power administration business, comparable to ENGIE, one of many world’s largest power providers corporations, in addition to a number one IoT and software program expertise supplier. These partnerships assist to make sure that our answer is appropriate with the most recent applied sciences available in the market.
What’s TablePointer’s long-term imaginative and prescient for the power administration business, and the way do you see the corporate contributing to that imaginative and prescient?
TablePointer’s long-term imaginative and prescient for the power administration business is to create a extra sustainable and environment friendly power ecosystem, the place companies can simply and affordably cut back their power consumption and prices.
To realize this imaginative and prescient, TablePointer plans to proceed investing in cutting-edge expertise and analytics capabilities, whereas additionally working carefully with clients to know their wants and develop customised energy-saving methods.
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The publish Consciousness degree in regards to the potential advantages of power effectivity is low in SEA: TablePointer CEO appeared first on e27.