Investment Optimisation Dashboard for Social Landlords (IOD)

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CoControl is the UK’s first socially focused connected homes technology, providingintelligent heating controls designed for social tenants. CoControl is working with 7 sociallandlords across 200 properties to co-develop our product and has achieved early sales.Having demonstrated, with our first Proof of Concept project, a capability to help low incomehouseholders manage heating costs via comfort level feedback loops (versus using statictemperature settings), CoControl is now focusing on improving its value to the landlordspurchasing the product.CoControl has identified an opportunity and brief design for an Investment OptimisationDashboard (IOD). Integrating various sources of unique proprietary and externally sourceddata to help Social Landlords make more informed, higher impact investment decisions –satisfying new UK regulations in the process.The potential UK market for supporting property stock investment decisions is large – SocialLandlords spend £7.1bn annually on maintenance and repairs. However the data used to makethese decisions is poor, with no current method offering high levels of precision to uncoverwhich households are energy inefficient or have health risks. Improving the accuracy bywhich Social Landlords target works should then reduce annual expenditure, whilstmaximising social impact.Secondly, Social Landlords are faced with both tightening budgets and more regulation.Today, on-going government cuts and the 2014 Duty of Care Act are increasing budgetarypressure, making IOD a timely innovation.IOD integrates (1) internal humidity & temperature data collected by CoControl sensors, (2)real & predictive external weather data, (3) EPC data, (4) health data, (5) fuel povertythresholds, and (6) energy/heat usage, into a housing stock analysis software system; given abudget, the system will provide supporting intelligence for specific works, optimised for costefficiency and social impact.