Amp
We help businesses eliminate electricity waste with data.
Company Details
- Location
- Dubai, UAE
- Website
- https://ampenergy.io/
- support@ampenergy.io
- Founded
- 2021
- Employees
- 1-3
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About Amp
The problem we're solving:
Commercial buildings in the UAE wasted ~$500m in electricity costs in 2020. According to the Enerblue scenario (the Paris agreement compatible scenario), the Middle East is due to overshoot projected electricity consumption by 37%.Our solution:
We need to get a handle on our electricity consumption, and that starts with Data. Our energy analytics platform provides businesses with critical data and insights to cut down on their electricity waste and improve their consumption.
Our differentiator:
Our IOT and Cloud architectures are localized and agile. The hardware stack is capable of adapting to any legacy (rampant in the region) or modern integrations. We sample highly granular data and, through our proprietary data architecture on the cloud, are developing best practices in processing, storing and analyzing electrical signals. Our platform is developed from scratch, meaning we have no limitations on what features, visualizations, tools or experiences we will iterate towards.
Our biggest achievement:
Getting our full-stack MVP off the ground and functioning with exceptional unit economics.Disclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.