Company name
BeeBryte Pte Ltd
Country of Incorporation
77 Ayer Rajah Crescent, #03-33, 139954
Singapore
Enterprise Type
Start-Up
Industries
BeeBryte is an energy transition start-up leveraging artificial intelligence to make commercial buildings & factories use less electricity and become smarter! We optimize comfort, cost and efficiency.
BeeBryte's entry product is "Hive Vision" a new energy monitoring, analysis and diagnostic solution delivered as a SaaS with an easy-to-install box (Off-the-shelf Sub-meters, IoT gateway & 3G router).
We empower the building energy manager to (i) better anticipate electricity consumption with real-time data and forecasts; (ii) reduce utility bill manually by following suggested actions to avoid penalties from exceeding contracted capacity; (iii) lower maintenance costs thanks to early-stage anomaly detection.
Leveraging the same infrastructure, BeeBryte's "Hive Optimal" is an add-on function offering an automatic and real-time control of heating/cooling equipment (e.g HVAC, freezers & cold storage systems). Based on weather forecast, occupancy and energy price signals, our software takes care of everything: maintaining temperature within a comfort range set by our customer and optimizing costs & efficiency for up to 40% savings.
Bundled with third-party financing, "Hive Optimal+" proposes to add an energy storage system (e.g. Tesla Li-Ion battery) controlled by our SaaS to conduct additional real-time price arbitrage, peak power shaving and grid services such as demand-response or frequency regulation.
Soon we will expand our offer with "Hive Supply" and retail electricity to our customers. BeeBryte can significantly reduce the energy purchase costs on the wholesale market thanks to real-time control of our customers' load flexibility and consequently offer discounted utility rates to compete with traditional energy retailers.
Our solution combines proprietary trading & optimization algorithms, cloud computing and predictive analytics in order to offer a plug & play dynamic energy intelligence SaaS fully integrated to the Internet of Things (IoT).