Axiom Cloud’s mission is to use software and automation to transform how the world’s cooling systems are powered, operated, and maintained to generate significant climate and financial impact. Axiom’s team of refrigeration experts, data scientists, energy experts, and software developers solves retail grocery’s biggest energy and maintenance challenges by layering intelligence onto their existing refrigeration systems. Axiom Cloud addresses the root causes of retail grocery’s biggest energy and maintenance challenges, tapping into data streams from thousands of sensors that already exist at retail grocery stores.
Refrigerators are under-digitized. Combining data analytics and machine learning with sensors already installed in most refrigeration systems makes it possible to forecast failures such as power outages, refrigerant leaks, and equipment breakdowns, the majority of which go undiscovered until it is too late. A typical grocery store has over 1,000 refrigeration data streams but stores don't use them to generate new insights. Refrigeration maintenance accounts for up to 90% of all grocery service calls, according to the American Grocer's Association.
At the same time solar panels, wind turbines, and batteries were the first wave of intelligent assets to be connected to the power grid, and the next wave will be large energy consumers like refrigeration and HVAC equipment. Digitizing existing refrigeration systems, which may account for up to 70% of a supermarket's total energy consumption, could provide a significant opportunity for building owners to lower energy costs.
Axiom Cloud uses cloud analytics to solve both painful energy & maintenance problems for refrigeration with three powerful applications:
- Facilities Analyzer – A refrigeration solutions that provides store owners with a single dashboard for real-time data from all their cooling assets. Predictive analytics allows operators to handle issues before they become inundated with high-priority alarms.
- Virtual Technician – Axiom's software automatically addresses refrigeration and maintenance issues, eliminating the need to dispatch a service van each time a problem arises.
- Virtual Battery – Turns frozen merchandise into an “intelligent battery” to save energy. Axiom uses AI to predict the most cost-efficient times to precool frozen inventory; by intelligently overcooling frozen foods during off-peak hours, store owners can save up to 15% on energy bills. But that's not all; store owners can also enroll in a demand response energy program to generate additional revenue.
This combination allows store owners to use a single solution to save money on their maintenance costs while reducing their energy bill and carbon emissions.