EP&T Global Company Profile
Background
EP&T Global Limited, established in 1993, specializes in building energy management solutions aimed at reducing energy and water wastage across various commercial real estate sectors. The company's mission is to apply cutting-edge technology solutions and data-driven insights to achieve highly efficient buildings, aligning with its vision to be the world's most trusted building optimization platform provider.
Key Strategic Focus
EP&T Global's strategic focus centers on delivering advanced solutions to optimize building performance, reduce energy costs, and achieve sustainability goals. The company's EDGE product suite integrates over 30 years of expertise in intelligent data capture and automated reporting, assisting organizations in transforming how they manage energy and their environmental impact.
Financials and Funding
As of 2024, EP&T Global reported a revenue of AUD 13.03 million, marking a 22.6% increase from the previous year's AUD 10.63 million. The company experienced a net loss of AUD 4.84 million, which is a 28.2% improvement compared to 2023.
Technological Platform and Innovation
EP&T Global's EDGE platform is a cloud-based data solution that streamlines data collection from submeters, IoT sensors, and building management systems (BMS). It identifies opportunities to reduce energy, water, and waste consumption by collecting, processing, and analyzing extensive datasets. The platform's features include:
- Advanced Energy & Water Analytics: Provides accurate, actionable insights that, on average, deliver a 21% reduction in energy consumption.
- ESG & Sustainability Reporting: Offers easy-to-understand monthly consumption breakdowns to measure progress against sustainability targets.
- Intelligent Building Diagnostics: Utilizes machine learning to analyze billions of data sets for unparalleled analytics and insights.
Leadership Team
- John Balassis: Chief Executive Officer and Executive Director since 2022.
- Keith Gunaratne: Founder and Chief Technology Officer since 1992.
- Patrick Harsas: Chief Financial Officer and Company Secretary since 2023.
- Rajesh Jampala: Chief Operating Officer since 2014.
- Daniel Yeung: Chief Technology Officer since 2009.
Leadership Changes
Recent significant leadership changes include:
- Paul Oneile: Appointed as Independent Non-Executive Chair in 2024.
- Elizabeth Aris: Appointed as Independent Non-Executive Director in 2024.
Competitor Profile
Market Insights and Dynamics
The building energy management sector is experiencing significant growth, driven by increasing emphasis on sustainability and energy efficiency. EP&T Global operates in a competitive landscape with several key players offering similar solutions.
Competitor Analysis
- Cherry Energy Solutions: Employs approximately 96 staff and generates an estimated revenue of AUD 19.1 million.
- Choice Energy: Has around 38 employees with an estimated revenue of AUD 5 million.
- EECO2: Comprises about 31 employees and reports an estimated revenue of AUD 5.5 million.
Strategic Collaborations and Partnerships
EP&T Global has established significant collaborations to enhance its market position and innovation capacity. Notably, the company provides Growthpoint Properties Australia with actionable insights towards property performance through its EDGE Insight offering, NABERS tracking via the EDGE StarTrack tool, and NABERS Energy, Water, and Indoor Environment ratings.
Operational Insights
EP&T Global's strategic considerations include leveraging its technological platform to maintain a competitive edge, focusing on sustainability reporting, and expanding its global reach. The company's ability to deliver substantial energy savings and sustainability outcomes positions it favorably in the market.
Strategic Opportunities and Future Directions
EP&T Global aims to continue its expansion into international markets, enhance its technological offerings, and strengthen partnerships to drive innovation. The company's commitment to sustainability and energy efficiency aligns with global trends, providing opportunities for growth and leadership in the building energy management sector.
Contact Information
For more information, visit EP&T Global's official website: www.eptglobal.com.