Clevernet unveils Ecco platform to drive building efficiency

• Published date: 25 April 2024
• Author: Ciara O'Brien
• Publication title: Irish Times: Web Edition Articles (Dublin, Ireland)

Irish-based Clevernet, which was founded in 2020 by Shane Deasy, Russell McQuillan, Kieran McCrea and Gareth Morgan, has been working with some early adopters in implementing the technology in buildings across the UK and Ireland

Early tests have shown a 10 per cent decline in energy intensity in buildings across the Clevernet portfolio, while the levels of carbon-dioxide and other greenhouse gases emitted by the buildings fell by a similar amount. At the same time Clevernet says, the system can help with the comfort and wellbeing of the buildings' occupants, with cleaner air one of the benefits of the smart system.

It also uses some artificial intelligence to help manage the system.

"Once we bring a new building on board there's probably 12 months of heavy lifting from a manual perspective," Mr Deasy said. "After that we're able to put in software and machine learning to understand what's happening with the building – the weather conditions outside, what the occupancy profile of the building is, what the required set points in the building are."

Ecco is a subscription-based platform providing the potential for recurring revenues for the business. Clevernet's revenue has doubled in the past two years, reaching €2.5 million and is continuing to rise. That growth was helped in part by the recent energy crisis, Mr Deasy said. "That transformed our...