Smart Buildings

Akila Digital Twin Platform Business 2024 Examined

This Research Note examines Akila, an Asian provider of a digital twin data platform that centralizes and visualizes data from one site up to an entire building portfolio for property management and optimization. A Startup Backed by Aden Group Launched in 2021 in Singapore, Akila is backed and incubated by Aden Group, an Asia-based facility-management company with 26,000 employees and a 25-country presence. A $10 million funding round was completed in December 2021. In July 2024, Akila reported a team of 150+ people across Asia, Europe, and North America, with in-house engineering, Artificial Intelligence, and R&D teams. The Akila Platform While the digital twin is the core of their platform, there are 5 different software modules known as Suites: Energy Suite: provides centralized, real-time energy reporting and optimization. It allows transparency into energy use with data, paving the way for more cost-effective energy reduction strategies and consolidated reporting. Maintenance Suite: Reduces the total cost of […]

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