ABOUT VIRIDOM

Removing the complexity of energy transition


VIRIDOM changes the way people live by making their homes and workplaces energy-intelligent. The industry-recognized B2B Software Solutions put electricity users in control of their production, consumption, and storage by collecting and processing energy data and operating a set of algorithms for cost and energy usage optimisation. The algorithms automate the balancing between the required level of comfort and cost, and use or store intermittent renewable energies in the most efficient way.

Nowadays, home renewable energy production, electric vehicles, and local storage are growing exponentially and home owners increasingly demand easy solutions that reduce energy costs without sacrificing their comfort. VIRIDOM gives energy service companies a real advantage in the rapidly evolving energy industry by tapping into the power of a leading energy intelligence software.

SOLUTIONS


VIRIDOM offers a number of Software-as-a-Service (SaaS) solutions which can be used independently or synergistically, based on customers' needs. Its cloud-based system collects data such as user preferences, electricity consumption and production, dynamic energy pricing, and weather information to deliver a flexible schedule that operates a network of appliances in the most efficient way.

We boast a diverse client base, including but not limited to manufacturers of energy-related equipment (thermostats, controllers, charging stations), home/energy service providers, and energy utility companies. These companies use our integrated optimisation and automation solutions to deliver enhanced, cost-effective, and personalised services to their customers.

Benefits

VIRIDOM removes the complexity of modern green buildings by offering an innovative solution for better energy management and efficiency of residential and small commercial buildings.

How VIRIDOM adds value to its Business Partners:

  • Customer Retention
    • Aids the engagement with the client and builds trustful relationships.
    • Helps companies reduce churn by increasing user satisfaction.
    • The intelligent algorithms enable value added services.
  • Offers ability to interact with thermostats and other equipment for better customer experience and easy handling of demand response
  • Future ready, common platform for multiple device control
  • Enables provision new personalised services (e.g. advice to install another PV panel, signal malfunctioning equipment)
  • Partner focuses on its core business

How VIRIDOM adds value to the end user:

  • Balances cost minimisation and comfort, based on user preferences
  • Provides real-time, actionable recommendations
  • Enables a hardware-independent solution that can be used by any consumer in any setting
  • Contributes to a better, greener environment

SERVICES


VIRIDOM builds algorithms for inclusion in your product and services. This allows you to focus on your core strengths in hardware production or service provision.

Intelligent Thermostat Service

The Intelligent Thermostat Service is a self-learning software service. It models the heating and cooling behaviour of the house and is able to calculate the house’s energy needs for HVAC. It combines the house behaviour with external information like weather forecast, electricity rates, and even demand response signals. It can adjust how the house becomes as comfortable, ecological or economical as the users wish and selects either the most appropriate time to run the heating or cooling system, or the most suitable temperature to set the associated smart thermostat.

The Intelligent Thermostat Optimization Algorithm can be provided with multiple input streams and given various actions to support. These actions set the budgets (monetary or energy) and the priorities between economy, ecology and comfort. Depending on house behaviour and energy cost share between heating, cooling and household consumption, users can get savings up to 40%.

Intelligent Solar Service

The Intelligent Solar Service is a solution for Solar PV providers that want to offer the ability to their customers to optimize their usage of home produced photovoltaic electricity and to reduce the amount of purchased energy. The Intelligent Solar Service analyzes a households’ electricity consumption pattern, monitors the PV energy production and optimizes the consumption to match the energy production profile by controlling the household appliances (e.g. heat pump, warm water boiler, thermostat). The solution also visualizes production and consumption. The system intelligently adapts to the user’s changing habits and helps the homeowners save money, while improving their lifestyle.

Intelligent Storage Service

The Intelligent Storage Service is a solution for buildings that want to operate as autonomously as possible. It considers that the building has a form of energy storage device, it could be a battery or an electric vehicle, and wants to minimize the amount of purchased energy. It considers the charging/discharging characteristics of the storage devices and optimizes the operation so that storage cycles are minimized and the household appliances (e.g. heat pump, warm water boiler, thermostat) are operated at the best possible time. The solution also visualizes production, storage, and consumption.

Thermostat Type Identification Service

The purpose of this service is to differentiate between programmable or manual thermostat operation by using the gas consumption data. This service helps the utility companies to:

  • Improve marketing and sales by offering improved pricing plans, smart thermostat services and to reduce their customer churn.
  • Increase customer satisfaction through energy saving recommendations to help them to pay less.

At the same time, the end customer has the following benefits:

  • Raise awareness through periodic reports that estimate the possible savings of using a programmable thermostat instead of a manually controlled thermostat.
  • Potentially propose heating schedules that will help them reduce their gas consumption

Load Loss Detection Service

The purpose of this service is to detect the percentage of the total house (electric/gas) load consumption that is unnecessarily spent in a house. Load losses for electricity and gas have different meaning for this service. In terms of electricity, this service will provide the upper percentage of electricity spent by electronic and electrical house appliances while they are switched off (but are designed to draw some power) or in a standby mode. In the case of gas, this service will provide the percentage of time where the gas heating furnace was unnecessarily ON i.e. no people were in the house excluding preheating functionality. In both cases, the percentage can be translated to loss of money for the customer.

Benefits for customers:
  • Possible leaks in the electricity or gas infrastructure can be detected when losses are unexpectedly high.
  • Customers feel confident that their utility takes care of any misbehaviour.
Benefits for utilities:
  • Increased customer satisfaction and trust can lead to higher retention of existing and attraction of new customers.
  • A new service for utilities customers to help them worry less about their energy bill.

Load Deviation Detection Service

The purpose of this service is to detect sudden peaks or drops in electric/gas load consumption that deviate from previously normal behaviour. In addition, this service will provide increasing/decreasing trends in load consumption.

Benefits for customers:
  • Possible leaks in electricity or gas infrastructure can be detected when losses are unexpectedly high.
  • Save money and headaches.
Benefits for utilities:
  • Provide tailor made contract to customers with increasing/decreasing trends in load consumption.
  • Provide polite notifications/alerts to customers when sudden peaks/drops in load consumption occur (increased customer retention, building trust).
  • Offer utilities customers a new service that will help utilities to gain trust, reduce customer churn and increase customer numbers.

TEAM


The VIRIDOM team consists of experts in modeling, optimisation, application management, and communications protocols. Our team brings many years of combined experience in networks and energy systems and is committed to helping your company achieve its full potential.

Dr. Zinon Zinonos

Co-Founder and CEO
Short CV

Dr. Pavlos Antoniou

Co-Founder
Short CV

Dr. Vasos Vassiliou

Co-Founder
Short CV

ROADMAP


Here are the key milestones that marked our successful journey.
January 2015
    Start in the Rockstart Smart Energy Accelerator Programme in Amsterdam. VIRIDOM is one of the nine start-ups selected from more than 200 applicants
May 2015
  • Presentations at Rockstart demo day and ECOSummit in Berlin.
November 2015
  • VIRIDOM participates in European Utility Week 2015 in Vienna, Austria Please visit us at booth I.s40 - Startup Pavilion
  • Intelligent Thermostat Service technical pilot successfully completed
December 2015
    Intelligent Thermostat Service launch
April 2016
    Thermostat Type Identification Service launch
May 2016
    First Thermostat Type Identification Service utility client
October 2016
    Part of the ClimateKIC Stage 2 Acceleration Program

CONTACT


  • Cyprus HQ

    9 Theodorou Kika street,
    8250, Emba, Paphos,
    Cyprus
    Tel: +357 99 573373
    Email: info-at-viridom.com

  • Netherlands

    Herengracht 182,
    1016 BR Amsterdam,
    Netherlands
    Email: info-at-viridom.com

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