Lumian

Lumian Energy operates in the energy management sector, providing an IoT-based platform designed to optimize energy consumption and promote sustainability. The platform is hardware agnostic, meaning it can work with various types of devices and systems, from machines and solar power plants to HVAC systems. It collects and visualizes energy data in real time, leveraging machine learning models to analyze this data and offer actionable insights for energy savings and decarbonization.

The company serves a diverse range of clients, including factories, commercial buildings, and residential homes. Its business model revolves around offering different tiers of service: Plus for companies needing to connect multiple tools, Lite for those requiring specific solutions, and Premium for advanced controls and comprehensive energy management. Lumian also provides tariff analysis to help clients choose the most cost-effective energy plans and offers device orchestration to control various energy-consuming devices.

Lumian makes money through subscription fees for its platform, which vary based on the level of service and features required by the client. By offering a scalable solution that can manage anything from a single device to millions, Lumian aims to make energy management accessible and efficient for businesses and homeowners alike.

Keywords: IoT, energy management, machine learning, sustainability, decarbonization, real-time data, device orchestration, tariff analysis, factories, buildings.