WeavInsight bridges the green data gap with its tech solutions

It uses cutting-edge tools, such as Al-driven digital twin technology and satellite hyperspectral imaging.

- By Lindsay Wong

As more companies set green targets, they are running into a common challenge: a lack of high-quality data that allows them to measure and assess their environmental impact.

This is where Singapore-based WeavInsight wants to make a difference. The five-year-old company provides companies in three distinct sectors — property, finance and transport — with technologies that “bridge the gap” with data, said its chief executive officer and founder Natalia Mykhaylova.

“This was inspired by a lot of requests we were getting from the manufacturing, real estate and even transportation industries, who all face this challenge of tracking data accurately and efficiently to meet their decarbonisation goals,” she told The Business Times.

WeavInsight’s tech solutions — such as artificial intelligence (AI)-driven digital twin technology, real-time Internet of Things sensor data, satellite hyperspectral imaging and predictive analytics monitor and track companies’ environmental metrics. These tools provide insights into energy use, emissions and safety.

Dr Mykhaylova, who has a doctorate in chemical engineering from the University of Toronto, believes that WeavInsight’s work aligns with Singapore’s national agenda to go net-zero by 2050. She estimates that the company’s projects have reduced up to 50 million tonnes of carbon dioxide emissions per initiative over five years.

For its efforts, WeavInsight was recognised with an Excellence Award under the small and medium-sized enterprise category of this year’s Sustainability Impact Awards, jointly presented by BT and UOB.

MAKING SINGAPORE'S REAL ESTATE SECTOR GREENER

Sustainability in real estate is a key focus for WeavInsight, given that buildings account for 20 per cent of Singapore’s carbon emissions.