Number of employees at the company11-25

What is the measurable positive impact from implementing ESG?

Rhino's technology plays a significant role in supporting Environmental, Social, and Governance (ESG) initiatives, particularly in the commercial real estate sector. This impact aligns with key frameworks like the EU Taxonomy, the Sustainable Finance Disclosure Regulation (SFDR), and the Corporate Sustainability Reporting Directive (CSRD). Here's how:

1. Real-time Utility Data Management: Rhino's solutions provide real-time monitoring of utility consumption across all utilities (electricity, water, gas). This feature is crucial for accurate data collection and reporting, which is a core requirement of ESG frameworks.

2. Automated Reporting and API Integration: Rhino's automated reporting capabilities and integration with ESG Dashboards and Building Management Systems (BMS) streamline the process of collecting and reporting data. This aligns with the CSRD's emphasis on transparent and regular reporting of sustainability metrics.

3. Data-Driven Insights for Sustainability Goals: The data gathered and analyzed by Rhino helps in identifying cost drivers and peak consumption patterns. This supports companies in setting and achieving sustainability goals, a key aspect of the EU Taxonomy and SFDR.

4. Anomaly Detection and Leakage Detection: Rhino's AI capabilities, including anomaly and leakage detection, contribute to maintaining efficient energy usage. This aligns with the EU Taxonomy's criteria for sustainable activities, particularly in terms of energy efficiency.

5. Support for Retrofitting and Modernization: By offering insights into energy usage and efficiency, Rhino's solutions can guide decisions on retrofitting and modernizing buildings. This supports the 'Do No Significant Harm' principle of the EU Taxonomy by promoting energy-efficient and environmentally friendly practices.

6. Optimization of Energy Contracts and Consumption Patterns: Rhino's solutions help in choosing the right contract power and tariff, potentially reducing bills by up to 30%. This optimization of energy use and cost aligns with the ESG focus on operational efficiency and cost-effectiveness.

7. Supporting Legal Compliance: With the rise in sustainability legal claims and the upcoming CSRD regulations, Rhino's technology aids companies in staying compliant with evolving legal requirements.

In summary, Rhino's solutions provide comprehensive utility data management and analysis, automated reporting, and actionable insights that align with the principles and requirements of ESG frameworks like the EU Taxonomy, SFDR, and CSRD. This support enables companies to meet their sustainability goals, comply with regulations, and improve overall environmental performance.

What kind of innovation or technology does the company use?

Rhino employs a range of innovative technologies and approaches to enhance utility data management and ESG reporting in commercial real estate. These include:

1. Real-Time Utility Consumption Monitoring: Rhino's system allows for the real-time monitoring of main meters and submetering across all utilities, including electricity, water, and gas. This enables immediate insights into consumption patterns and helps identify areas for optimization.

2. Automated Reporting: Rhino's platform features automated reporting capabilities. This means that reports on utility consumption, trends, and patterns can be generated on-demand or periodically, without manual intervention, ensuring timely and accurate data for decision-making and compliance.

3. Alarms and Notifications for Maintenance: The system includes functionality for setting alarms and receiving notifications related to maintenance requirements. This proactive approach can prevent equipment failures and optimize maintenance schedules, contributing to operational efficiency.

4. Integration Capabilities (APIs): Rhino provides a Rest API for integration with ESG Dashboards, Building Management Systems (BMS), and tenant experience platforms. This allows for seamless data flow between Rhino's system and other software solutions used by commercial real estate managers.

5. Hardware and Platform Agnosticism: Rhino's solutions are designed to be hardware and platform agnostic. This means they can integrate with a wide range of meter makes and utility provider systems, offering flexibility and adaptability to various building types and ages.

6. Cloud-to-Cloud Utility Provider Integrations: Rhino supports cloud-to-cloud integrations with utility providers, enabling efficient and automated data collection and processing.

7. MiniBMS - Remote Control of Building: Rhino offers a Mini Building Management System (BMS) for remote control of the building. This feature facilitates the management of building operations remotely, enhancing efficiency and response times.

8. Energy Contract Optimisation: Rhino's platform assists in selecting the most appropriate contract power and tariff, potentially reducing energy bills significantly.

These technological innovations position Rhino as a versatile and effective solution for utility data management and ESG reporting in commercial real estate, addressing challenges like high utility costs, sustainability goals, and the need for efficient building operations.

Who are the founders of the company and what is their experience?

Robert Otręba and Lukasz Gajda:

Lukasz Gajda
As co-founder, board member, and CTO at Grinn (since 2008) and Rhino (since 2020), he leverages extensive expertise in IoT, electronics design, and wireless tech. Received Master degree at Wroclaw University of Science and Technology, successfully run a team of over 100 employees. With his innovation focus and results-driven attitude, he delivers valuable technological and executive insights by pioneering projects in energy management, security, production and other industries.

Robert Otreba
As co-founder, CEO, and board member at Grinn (since 2008) and Rhino (since 2020), he brings a robust background in technology and electronics design, playing a key role in propelling both companies towards dynamic growth and innovation. He has a proven track record of strategic planning, leadership, and crisis management coupled with as extensive experience in managing innovative Software/Hardware solutions. He holds a Master's degree from Wroclaw University of Science and Technology.

What is the leadership style of the company? Is this a sustainable one?

Rhino's business - focused on utility data management, ESG reporting solutions, and sustainable practices in commercial real estate - reflect on the company's leadership style and its sustainability:

Innovative and Forward-Thinking: Given Rhino's engagement with advanced technologies like real-time data monitoring and platform-agnostic solutions, the leadership fosters a culture of innovation and forward-thinking. This approach is essential for staying ahead in a rapidly evolving tech landscape and is sustainable as it encourages continual improvement and adaptation.

Data-Driven Decision Making: Rhino's emphasis on data for utility management and ESG reporting matches a leadership style that values data-driven decision making. This approach is sustainable as it relies on objective metrics to guide company strategy and operations.

Customer-Centric Approach: The wide range of solutions designed to meet various client needs, including flexibility across different building types and ages, indicates a customer-centric approach. Leadership styles that prioritize customer needs tend to create sustainable business models by building strong, long-lasting customer relationships.

Commitment to Sustainability: Rhino's focus on ESG reporting and aiding companies in meeting sustainability goals comes with a leadership committed to sustainability. This is increasingly important for long-term business viability as market trends and regulations increasingly favour environmentally and socially responsible practices.

Adaptability and Flexibility: The ability to integrate with a variety of systems and to cater to a diverse range of real estate assets points to a leadership style that values adaptability and flexibility. In today's fast-paced and ever-changing business environment, these qualities are essential for sustainability.

Collaborative and Integrative: The use of APIs for integration with other systems and the platform-agnostic nature of Rhino's solutions are due to a leadership style that is collaborative and integrative. This approach is sustainable as it fosters partnerships and can adapt to external changes more fluidly.

What is the company's business model and how is this scalable?

Rhino's business model centers on providing comprehensive utility data management and ESG reporting solutions in the commercial real estate sector. The scalability of this model is evident in several key aspects:

1. Hardware and Software Solutions: Rhino offers its own hardware and software for utility monitoring and management. This dual offering allows for greater control over product development and customer experience, and can adapt to various market demands.

2. Flexibility Across Building Types and Ages: The ability to integrate with all asset classes, building ages, and geographical locations makes Rhino's solutions highly adaptable. This flexibility means the service can be scaled across diverse real estate portfolios, enhancing its market appeal.

3. Platform Agnosticism: Being hardware and platform agnostic, Rhino's solutions can work with over 200 meter makes and integrate cloud-to-cloud with various utility providers. This broad compatibility enables scalability across different existing infrastructures.

4. API Integration: The availability of a Rest API for integration with other systems (like ESG Dashboards, BMS, tenant experiences) means Rhino can easily fit into and augment existing technological ecosystems, enhancing its scalability.

5. Real-Time Data and Automated Reporting: The provision of real-time data monitoring and automated reporting is attractive to large-scale operators who need efficient, accurate data for decision-making and regulatory compliance. This aspect of the service is inherently scalable, as it relies on digital infrastructure.

6. Remote Control and Monitoring (MiniBMS): The ability to remotely control and monitor buildings further adds to the scalability, reducing the need for on-site presence and allowing portfolio-wide management from centralised locations.

7. Focus on Regulatory Compliance: Rhino's alignment with ESG reporting requirements and regulatory compliance (like CSRD) makes it a future-proof solution for clients who need to adhere to evolving environmental regulations.

8. SaaS (Software as a Service) Model: Rhino's approach is conducive to a SaaS business model. This model is inherently scalable, as it allows for flexible pricing and service tiers.

9. Scalable Revenue Streams: Revenue can be generated through multiple streams such as hardware sales, software subscriptions, data analysis services, and consultation for energy optimisation.

Rhino’s business model, with its focus on technological flexibility, regulatory compliance, and a comprehensive solution for utility data management, positions it well for scalability across the rapidly evolving commercial real estate market.