Wattics announced today that has it has won the 2012 InterTradeIreland Seedcorn all-island business competition. Wattics beat tough competition from finalists in their category to win €20,000. The company will now go on to compete in the all-island final of the competition, which will take place on the 28 November 2012 at the iconic Titanic Belfast building.

Wattics has engineered an innovative software solution that connects to off-the-shelf smart meters and discreetly decodes energy patterns of individual electrical loads demonstrating substantial energy savings for businesses.

The award recognises the tremendous sales achievements and intellectual property that was created uniquely by the Wattics team. Wattics have achieved considerable sales success over the last twelve months gaining fifteen blue chip clients to include Dublin Airport Authority, Jurys Inn Hotel Group (UK and Ireland), KPMG, Office of Public Works and Cork Institute of Technology.

Commenting on the awards Antonio Ruzzelli CEO of Wattics ‘This award validates the vision we have for Wattics. Wattics will never stop saving energy to our customer partners ensuring the best quality of product and technical support on the market with the simplest installation and cost effect solution that guarantees the quickest return of investment’.

Energy is the fastest growing expense in businesses and today’s sustainable businesses are the ones that will operate successfully tomorrow. Wattics energy management software solution helps industrial and commercial organisations globally by reducing their energy cost and to achieve their targets. The company aims at distributing the solutions Worldwide in the coming years, by partnering with leading players in the energy market to help maximise energy-efficiency and integrate the platform into the electricity grid.

Wattics was founded by Dr Antonio Ruzzelli, Anthony Schoofs, Alex Sintoni and Seamus Porter.

Business Release can be found here.