MIT Enterprise Forum Pan Arab
BloomMasters First Edition 2017
2nd Runner Up
BloomMasters First Edition 2017: Startups Track - 2nd Runner Up
Wattnow is an IoT focused startup that offers a solution that consists of a device connected to the mains electricity network and a mobile application that collects the real time usage data sent by the device. With this combination we give the home or business owner : -Knowing how much electricity they are using in real time and how much it costs them at any moment. -They can set up a budget and get notified when they are closing in on it or when they risk going over budget. -Custom saving tips based on their consumption. -Usage statistics for the more advanced users in order to identify trends and act accordingly to make savings. All of these features are a click away thanks to the mobile app, and they can help achieve considerable savings on the bill of up to 30% with an average of 10 to 12 %. With current grid technology, all the information the home owner gets is how much overall he has used in a billing cycle. Our solution tracks consumption constantly using just One sensor, a sensor connected to the internet. And all the data we gather goes simplified and processed to the user so he doesn't have to dwell on technical units and measurements. With our solution we will be able to fine tune our monitoring and achieve appliance level data using machine learning and digital signal processing. A one sensor solution has also the advantage of being affordable and easy to set up.