Image credits: Wattics
US-based EnergyCAP, a pioneer in energy and sustainability ERP (Enterprise Resource Planning) software, announced on Tuesday that it has acquired Dublin-based Wattics, an energy management analytics software.
With this acquisition, EnergyCAP plans to expand its capabilities to include advanced energy management analytics tools that provide actionable data analytics and dashboards at the building and device levels. It will also help support customers seeking to achieve net-zero carbon emissions.
Wattics: What you need to know
Wattics is an energy management analytics and monitoring platform, allowing professionals in the energy and sustainability industry to manage, monitor, and analyse energy and commodities from a single dashboard.
The Irish company uses advanced software algorithms to analyse raw energy measurements, uncover abnormal energy usage, and alert to unusual behaviour and consumption trends.
Wattics says its customers have achieved savings greater than 20 per cent in commercial/industrial buildings.
“We are so proud and thrilled to be joining forces with EnergyCAP,” says Wattics CEO and Founder Antonio Ruzzelli. “It is the coronation of a journey that started in Ireland over ten years ago, which now has a global footprint in over fifty-five countries. With EnergyCAP, we have a huge opportunity to dramatically accelerate our mission, allowing companies to mitigate climate change by purposefully managing their carbon footprint.”
EnergyCAP: What you need to know
EnergyCAP’s software helps customers cut costs and save energy by giving them control over their data. The software makes it easy to see where energy is wasted and provides sustainability data to help users reduce their carbon footprint.
EnergyCAP claims to have helped over 10,000 energy and sustainability organisations across government, education, and commercial sectors streamline energy management, utility bill accounting, and sustainability reporting for over forty years.
“Our mission is to empower energy and sustainability leaders with actionable data to manage consumption, reduce their carbon footprint, and drive savings,” says EnergyCAP CEO Tom Patterson. “Wattics fits perfectly into our product vision by expanding our platform to include the end-to-end, real-time building- and device-level interval data and analytics necessary to improve energy efficiency and accelerate decarbonisation. As a result, EnergyCAP and Wattics become the ideal solution to support and validate the entire customer journey to net-zero.”
Resurgens Technology Partners strategically and financially back EnergyCAP.
“As we worked to identify growth opportunities for EnergyCAP, Wattics stood out as a platform that will enable the company to drive accelerated growth — integrating its product roadmap, expanding product breadth, and executing cross-selling initiatives,” says Resurgens’ Managing Director Fred Sturgis. “Sustainability and energy conservation have become increasingly integral to business operations. We are excited to invest deeper into the space and support EnergyCAP customers as they reduce their carbon footprint.”
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