Digital twin and building analytics platform

Real time monitoring and analytics of environmental parameters and carbon emissions for an asset or portfolio.
Climate Change Mitigation Health, Wellbeing and Social Value Advancing Net Zero

Problem Addressed

One of the major sustainability challenges faced by real estate portfolios is high energy costs and inefficient energy usage, which can have a negative impact on both the environment and operational expenses. Additionally, the lack of actionable energy data makes it difficult for real estate professionals to identify areas of high energy consumption within their assets. Without the ability to track and manage carbon emissions and sustainability metrics across multiple assets, real estate professionals can struggle to validate progress toward their sustainability goals.

Solution Overview

Para is a digital twin and building analytics platform that helps to make assets more energy-efficient, cost-effective, and sustainable. By providing real-time monitoring of environmental parameters and carbon emissions at the equipment level, floor level, and by functional area, Para offers a detailed and actionable understanding of a facility’s environmental impact. Their sustainability tool is a comprehensive solution for assessing energy use, managing sustainability initiatives, and reporting on progress. It enables users to understand the contribution of each functional space to total Greenhouse Gas emissions and identify areas that do not meet sustainability targets. Additionally, Para can measure progress toward achieving certification compliance with key industry standards such as LEED O+M, WELL, EDGE Buildings, and more.

Regarding sustainability and energy, Para is able to help clients:

  • Track and visualise carbon emissions with a detailed breakdown by floor, zone, system type, and asset.
  • Categorise emissions into Scope 1, Scope 2, and Scope 3
  • Monitor Greenhouse Gas Usage Intensity (GHGUI).
  • Identify areas for improvement by providing real-time recommendations for sustainability and energy performance optimisation
  • Develop tailored implementation plans by generating customised scenarios.
  • Save up to 28% in energy savings
  • Boost occupant wellbeing by optimising building performance without compromising indoor air quality and user comfort
  • Assess progress towards sustainability goals such as LEED O+M and Net Zero
  • Monitor energy and resource conservation strategies
  • Score facility efficiency
  • Benchmark a building’s emissions
  • Generate reports on environmental metrics

The platform has five key modules which can be deployed across a real estate portfolio: Portfolio Management, Asset Management, Energy Intelligence, Occupant Wellbeing and Sustainability Management.

Company name

Para

UK availability

Yes

Solution launch date

2021

Links

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Case Study

Para was deployed at a 47,000 m2 office building in Cairo Smart Village, Egypt, to reduce energy consumption and achieve sustainability compliance. The deployment included key modules for energy intelligence, asset management, sustainability, and occupant wellbeing.

The client faced several challenges: inefficient operations leading to energy waste, siloed data systems, an inability to track compliance with established sustainability goals, difficulty obtaining and accessing asset information, and poor indoor air quality.

Key features implemented included:

Energy Intelligence: Para extracted energy reports and cross-checked utility bills, provided virtual metering for HVAC consumption, established an energy information system aligned with ISO 50001, and enabled real-time occupancy-driven energy optimization.

Asset Management: Predictive maintenance through fault detection and diagnostics was employed, and a BIM-based central asset data repository (common data environment) was created.

Sustainability: Para managed and monitored carbon emissions segmented across Scopes 1, 2, and 3, enabled compliance tracking, and streamlined environmental reporting processes and emissions management.

Occupant Wellbeing: Environmental comfort metrics such as air quality, temperature, and noise were tracked, and smart alarms were generated in line with industry standards.

The deployment resulted in significant improvements: a 28% total energy savings, a 9/10 occupant comfort score (LEED O+M), a 6% increase in PV general output, and a 5% additional avoidable cost identified by fault detection and diagnostics. These results demonstrated clear energy savings, the ability to benchmark and set sustainability goals, and an improvement in occupant wellbeing through the tracking and monitoring of indoor climate and air quality.

Facts and Figures

Up to 28 %

energy savings

Track

and benchmark emissions

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