A rapidly growing energy technology firm is facing challenges in scaling from prototype to mass production of their multi-vertical IoT-based home energy monitoring products. The existing complex hardware and software systems require redesign and reconfiguration to support high-volume manufacturing, while maintaining system robustness and compliance. They also need strategic guidance to optimize their development process and ensure supply chain resilience amid chip shortages.
A mid-sized energy technology company developing IoT solutions for residential energy monitoring and optimization.
The development of a scalable, reliable home energy monitoring platform is projected to enable a client to efficiently scale production from thousands to hundreds of thousands of units within five months. Achieving this scalability can facilitate increased market share, reduce operational costs through automation and design optimization, and deliver enhanced value to customers via new insights and features, ultimately capturing a significant segment of the rapidly growing smart home energy management market.