Easier, faster, smarter and greener electrical engineering design for buildings. PowerCalc™ is the first SaaS-based software that completely automates the electrical engineering calculations for the Building, Construction, and Facility Management Industries. All in compliance with the National Electrical Code (NEC). Just 3 easy inputs calculates over 300 NEC compliant outputs – a building’s entire power distribution system from the light bulb to the power grid.
This $14B industry is littered with pre-packaged, off-the-shelf antiquated products that are ineffective for today’s business and design demands. PowerCalc is patented software and best of all, is the first cloud-based platform in the industry. That lets the user access the most advanced technology anywhere, any time. Simply, it is great software on a great platform.
The Problem
The average 2-story office 10,000 SF building requires over 20,000 electrical calculations and revisions. Currently, engineers use off-the- shelf, legacy products that are difficult to install and time consuming to use. Millions are lost in commercial development through inaccuracy, inflated budgets and missed deadlines. PowerCalc solves these problems with 3 easy inputs. Our SaaS, cloud-based model adheres to NEC standards and makes it easy for users to access the most advanced technology on-the-go in real time saving endless hours of calculations resulting in millions saved in commercial development, design and construction costs.
Opportunity
Time is Money. We believe software should be easy to use and work. Just 3 inputs calculates over 300 NEC compliant outputs - a building's entire power distribution system from the light bulb to the power grid. And changes are instantaneous. Updated guidelines and standards require all engineers to meet changing NEC guidelines creating an even greater burden on them. Through our advanced algorithms and SaaS based platform, PowerCalc is a game changer in technology, price, accuracy and resources.
Target Market
Building Construction and Facility Management
• Global PE Market: $14 billion
• Electrical Engineers 174,000 (US)
• Major Factors Driving Growth
o Scalable, web-based, cloud technology
o Smart portable devices -- tablets and smart phones
o Industrial development posted a year-over-year gain of 48.5% (US)
o Warehouse construction rose 38.1% in 2013 (US)
o Office construction expenditures rose 23.3% in 2013 (US)
o Retail construction expenditures rose 4.8% in 2013 (US)
Our mission is to continue to be the premiere choice among electrical engineers. In launching our robust and scalable Enterprise and Mobile technologies: we will increase our customer base, grow revenue to $2M+/month with a $72M Valuation in 2019 and be the undisputed main platform for electrical engineers, electricians and others in construction. Our vision is worldwide: PowerCalc is available in both US and SI Metric Units.
