08 Aug '12, 3pm

WegoWise taps big data for energy efficient apartment buildings

WegoWise taps big data for energy efficient apartment buildings

While sometimes overlooked, the multi-tenant apartment building market represents a significant target for energy efficiency retrofits. Clearly there are savings to be had in small commercial building performance upgrades , but challenges remain in project costs, incentive programs and simply finding a place to start. Enter WegoWise . With a Web-based platform to analyze water, gas and electric utility bills for building performance, the company relies on data as its secret sauce to target the $2 billion multi-tenant building property market in the U.S. Key to the Mass.-based startup's success is a cloud-based energy management toolkit and universal access to utility data, said Andrew Chen, CEO of Wegowise in an interview. "Cheap computing power, cheap storage and data-sharing makes it all possible." The company takes a holistic, systems-view approach in aggregating inform...

Full article: http://www.greenbiz.com/blog/2012/08/08/wegowise-taps-big...

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