Primary Industry
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IndustryTechnology, Information and Internet
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Size2-10 employees
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Company TypePrivately Held
NewVative helps small and medium-sized businesses cut energy costs and reduce their carbon footprint. Our Energy Intelligence System (EIS) is an AI-powered IoT platform that provides real-time monitoring of indoor temperatures, human occupancy, and energy consumption. Using this and other data, it intelligently controls air conditioners and other appliances, maintaining comfort while minimizing energy waste. Businesses using NewVative’s EIS save up to 55% on energy costs.
Globally, 80% of commercial spaces are based out of small and mid-sized buildings that lack advanced Building Management Systems (BMS), leading to inefficient manual control and massive energy waste. NewVative offers a cost-effective and scalable alternative, tailored for businesses based in these types of buildings, such as hospitals, franchizes, banks, food chains, educational institutes, office spaces etc., empowering these to take control of their energy usage.
We have a reputable client base for our cold chain monitoring product. These include Shifa International Hospital, Chughtai Lab, Excel Labs, CITI Lab, Rehman Medical Institute, KMU, IMC and others. EIS was launched in Aug 2024. We have demonstrated between 30 and 55% savings with the initial clients.
