Verdigris Launches Next-Generation Artificial Intelligence IoT Solution For Large Commercial Buildings

SAN JOSE, Calif., Aug. 30, 2016 /PRNewswire/ -- Jabil Blue Sky Center -- Verdigris, an artificial intelligence company powering the world's smartest buildings, announces the arrival of Einstein, a next-generation Internet of Things smart sensor and metering solution that reduces energy consumption and cost in buildings.

Einstein is Verdigris' latest IoT energy management platform. It was designed to be the easiest most-scalable connected sensor for complex enterprise facilities. By analyzing Einstein's continuous stream of energy data, Verdigris drives smarter and more responsive building operation, saving customers tens of thousands to millions of dollars annually on energy costs.

"Einstein makes it unbelievably easy to know what's happening inside your building in real time, down to a single appliance," said Verdigris CEO Mark Chung. "We put hard-earned money back into our customers' pockets each month by predicting the most accurate forecasts of utility, weather and energy data, and automating the reduction of their most inefficient energy operations."

Verdigris' patented artificial intelligence and IoT platform transforms mission critical facilities into living environments. Each Einstein sensor wirelessly streams millions of samples per second from a facility's electrical panel to the cloud. The Verdigris artificial intelligence then analyzes these electrical "fingerprints" to automatically optimize building controls, predict future breakdowns, and send users critical notifications about energy use.

"Verdigris embodies the potential for IoT to remake the energy and building analytics landscape," said David Kipling, vice president of Corporate Investments at Jabil Circuit. Jabil is both a customer and an investor in Verdigris. "By collecting and analyzing the most granular energy data possible, Verdigris helps facilities managers cut incredible amounts of energy waste and enables a true understanding of what's driving their costs."

Verdigris' AI software and smart sensors aggregate key energy consumption and prediction data into instantaneous mobile apps and web dashboards. Weekly reporting e-mails offer insight into energy statistics and measure progress against customer goals.

Verdigris customers include Hyatt Hotels, Starwood Hotels, Marriott, Intercontinental Hotels, Jabil, Flextronics and JBS. Verdigris also has a partnership with NASA's Sustainability Base to research the platform's potential for future habitat design and predictive analytics to reduce failure on future missions. Verdigris recently deployed Einstein to Honeywell and Megabess Korea, and will be shipping soon to Orange Silicon Valley, Parkview Hotels in France, and expanded deployments across their customer portfolio.

Einstein is Verdigris' 5th generation hardware. Among its many new features and upgrades Einstein includes built-in, native 4G-LTE connectivity.  This sensor can now instantly deploy an always-on secure network for real time remote diagnosis of equipment faults and other energy signature anomalies. Einstein also introduces a robust and lightweight industrial design by Matter, an award-winning design studio based in San Francisco, CA. This design architecture enables significant improvements to the time and ease of installation. The system also has increased edge-processing and storage as well as improved internal diagnostics. This new design meets international standards and certifications in the U.S., Europe, Asia, and Latin America.

Verdigris already supports several international deployments, including customers in the United Kingdom, Egypt, Brazil, and China. Verdigris will support 4G/LTE connectivity in international locations through new telecommunications partners including EE (Everything Everywhere) and Orange.

Website - http://www.verdigris.coVerdigris has raised $9 million in venture funding; Investors include Jabil, Stanford StartX Fund, Founder.org Capital, DCVC, and a collection of private investors.

ABOUT VERDIGRIS
Verdigris is an artificial intelligence IoT platform that makes buildings smarter and more connected while reducing energy consumption and costs. By combining proprietary hardware sensors, machine learning, and software, Verdigris "learns" the energy patterns of a building. Their software produces comprehensive reports including energy forecasts, alerts about faulty equipment, maintenance reminders, and detailed energy usage information for each and every device and appliance. Verdigris offers a suite of applications that gives building engineers a comprehensive overview, an "itemized utility bill", powerful reporting, and simple automation tools for their facility. For more information, visit www.verdigris.co.

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