OutSmart Power Systems

About OutSmart Power Systems

OutSmart Power Systems, founded in 2008 by Kevin Johnson, provides a solution for monitoring commercial energy consumption at the circuit level. The company is based in Natick, Massachusetts, and operates within the energy management sector. By December 2012, it had raised over $9 million in funding to support product development and expand its customer base.

The core of OutSmart's technology involves placing small, proprietary sensors called EnergyMates on every electrical circuit in a building. These sensors transmit data whenever there is a change in energy use, which is then sent to the cloud for analysis via a central collector. This method allows for a highly granular view of energy consumption, which the company likens to an EKG for energy management. The platform can identify energy waste, verify efficiency improvements, and help predict equipment failures.

OutSmart's solution is designed to be complementary to existing building management systems, allowing its detailed data stream to be integrated into other platforms. The business targets owner-occupied, high-energy-density commercial buildings such as supermarkets, data centers, food manufacturing facilities, and pharmaceutical labs. For these clients, the detailed monitoring of equipment can lead to energy savings of 10 to 15 percent, with a typical system payback period of about one year.