SP Digital

What SP Digital does

SP Digital is a Singapore-based EnergyTech subsidiary of SP Group (Singapore Power) that operates an AI- and IoT-powered building energy management platform marketed as the GET® (Green Energy Tech) suite. The suite is structured as five integrated modules spanning building energy monitoring, HVAC and energy optimization via self-learning building intelligence, EV charging, and tenant/occupant engagement, alongside the SP App, a consumer-facing mobile application that consolidates utilities management for end users. The technology stack combines IoT telemetry from deployed buildings with machine learning models that adapt to building-specific usage patterns, with the stated objective of reducing energy consumption and supporting Singapore Green Plan compliance targets.\n\nThe company serves four customer segments — real estate, government, residential, and industrial/commercial — leveraging SP Group's incumbent utility relationships across Singapore to access both B2B (portfolio operators, government-linked entities) and B2C (residential ratepayers via SP App) revenue streams. Business model mechanics are not explicitly disclosed in the input, but the modular SaaS-plus-platform architecture implies recurring subscription or licensing revenue from enterprise deployments, complemented by consumer-side engagement via the SP App. Named deployments referenced include Mercatus and a 16-property portfolio, but no pricing model, contract terms, or revenue figures are publicly stated.\n\nStrategically, SP Digital functions as the digital commercialization vehicle within the SP Group portfolio, translating the parent's regulated utility infrastructure into a software-and-services business aligned with national sustainability mandates. Its near-term strategic posture reflects offensive product expansion (broadening module count, integrating EV charging, layering in adaptive AI) rather than defensive restructuring, though the absence of disclosed independent revenue or headcount metrics constrains external assessment of monetization velocity.

Name

SP Digital

Legal name

SP Digital Pte Ltd

Website

https://spdigital.sg

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SP Digital is the EnergyTech subsidiary of SP Group (Singapore Power) that operates the AI- and IoT-powered GET® building energy management suite and the consumer-facing SP App, serving real estate, government, residential, and industrial/commercial customers in Singapore.

Ownership category

akta.pro rank

Product category

Building Energy Management Software

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

Smart Building Software Platforms (IWMS/CAFM Integration, Digital Twin, Command Center) (BPABAGAG)

akta.pro secondary industries

Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF), Heat Pump & Smart HVAC Controller Integration (HSAOANAD), Customer Self-Service Portals & Digital Experience (Web/Mobile) (EUAJAHAK)

Keywords

• Building energy management
• Smart metering solutions
• IoT building intelligence
• EV charging management
• Sustainability software

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. B2B Energy Management Solutions: SP Digital provides enterprise-grade energy management and sustainability solutions to businesses, property developers, and government entities. The GET® suite offers utilities management, tenant submetering, building climate control, and EV charging solutions. Revenue is generated through solution sales, potentially subscription or contract-based arrangements with businesses and property managers.
2. Consumer App Services: The SP App provides consumer-facing utilities management including bill payment, consumption insights, carbon footprint tracking, and green credits. While some features may be free, premium sustainability features and services generate revenue from residential consumers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

SP Digital sells an integrated AI- and IoT-enabled building energy management platform branded GET® (Green Energy Tech), comprising modular solutions for portfolio utilities analytics, tenant submetering, AI-driven HVAC microclimate control, sustainability dashboards, and EV charging station management, targeted at real estate developers, building owners, property managers, and public sector facilities in Singapore. It also operates the SP consumer mobile app for residential utilities account management, bill payment, carbon footprint tracking, and EV charging access.

Product overview

SP Digital offers a platform-plus-modules architecture centered on the GET (Green Energy Tech) platform for building energy management. The core offering includes the SP app for consumer utilities management and the GET platform with five integrated modules: GET Insights (property portfolio utilities dashboard), GET TenantCare (tenant submetering), GET Control (self-learning building intelligence for HVAC optimization), GET Engaged (sustainability awareness dashboard), and GET Mobility (EV charging station management). Additional solutions include Sustainable Energy Solutions aligned with UN Sustainable Development Goals. The platform leverages AI and IoT to improve energy efficiency, optimize costs, and enhance occupant well-being.

Differentiator

Problem solved

Functional benefit

Products and services

• GET® (Green Energy Tech) Suite All-in-one utilities management platform for property developers, building owners, and property managers, combining AI and IoT to deliver energy efficiency, cost optimization, and occupant well-being across buildings and property portfolios.
• SP App Consumer mobile application for SP Group residential utility customers to manage utilities accounts, view consumption insights, pay bills, track carbon footprint, redeem green credits, and locate EV charging stations.
• Sustainable Energy Solutions (SLEB-aligned) Sustainable energy advisory and solutions package aligned with UN SDG 7, supporting low-carbon smart energy outcomes for buildings aligned with Singapore Green Plan Super Low Energy Building (SLEB) goals.

Quantifiable outcome

• Buildings achieve sustainable outcomes without major retrofitting
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and moderate.

• Architecture FirmscoreChannel Partner/ Reseller/ DistributorSP Digital collaborates with architecture firms as part of the SLEB (Super Low Energy Buildings) ecosystem. Architecture partners integrate SP Digital's energy management solutions into building designs and renovations, recommending the GET® suite to clients seeking sustainable building certifications.
• Mechanical & Electrical (M&E) Services CompaniescoreImplementation/ SI/ Consulting PartnerM&E services companies work with SP Digital to implement energy management systems in buildings. These partners handle the technical installation and integration of GET® solutions including smart meters, sensors, and building intelligence systems.
• Management ConsultantsmoderateStrategic or Co-development PartnerManagement consultants partner with SP Digital to provide sustainability advisory services to clients, incorporating SP Digital's energy efficiency solutions and data insights into comprehensive sustainability transformation programs.
• Smart Device ManufacturerscoreTechnology or IntegrationManufacturers of smart devices integrate their products with SP Digital's GET® platform for IoT-enabled building management. These technology partners provide smart sensors, controllers, and connected devices that form the foundation of SP Digital's building intelligence systems.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Schneider Electric: EcoStruxure is one of the most established integrated smart-building and energy management platforms for commercial and industrial real estate. It competes head-to-head with SP Digital's GET® suite on building analytics, HVAC control, and sustainability reporting for property portfolios.
• Honeywell Building Technologies: Honeywell's Building Technologies division delivers integrated building management, HVAC control, energy analytics, and occupant experience solutions. It is a direct competitor to SP Digital's GET® platform across commercial real estate and enterprise facilities.
• Siemens Smart Infrastructure: Siemens Smart Infrastructure offers the Building X and Desigo CC platforms for digital building management, energy optimization, and sustainability — directly comparable to SP Digital's integrated GET® suite and AI-driven HVAC optimization capabilities.
• Johnson Controls: Johnson Controls' OpenBlue platform combines building automation, HVAC control, energy analytics, and sustainability reporting for commercial buildings. It competes directly with SP Digital across enterprise real estate and facilities management customers.
• GridPoint: GridPoint provides an energy management and submetering platform for multi-site commercial real estate portfolios, with HVAC optimization and sustainability reporting. It is closely comparable to SP Digital's GET Insights and GET TenantCare modules.

Broad incumbents

• ABB: ABB offers smart-building, building automation, and energy management capabilities as part of its broader electrification and motion portfolio. It is a large incumbent in the same space as SP Digital, with overlapping but broader offerings beyond a focused smart-building platform.

Emerging players

• Enel X Way: Enel X Way offers EV charging management software and infrastructure solutions to commercial and residential customers. Its platform is comparable to SP Digital's GET Mobility module for managing multi-brand EV charging stations remotely.
• Carbon Lighthouse: Carbon Lighthouse delivers building decarbonization and energy efficiency solutions for commercial real estate, combining analytics and HVAC optimization. It is comparable to SP Digital's sustainability-and-HVAC focus on GET Engaged and GET Control.
• 75F: 75F provides IoT-based smart building management with a focus on AI-driven HVAC optimization and energy efficiency for commercial buildings. It is closely comparable to SP Digital's GET Control self-learning microclimate optimization.
• EV.Energy: EV.energy offers a smart EV charging management platform for residential and commercial customers, integrating with utility and renewable programs. It is comparable to SP Digital's GET Mobility and SP App EV charging features, with a focus on smart, sustainability-driven charging.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/SPGroupSG
• Facebookfacebook.com/SPGroupSG
• LinkedInlinkedin.com/company/singapore-power-ltd

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SP Digital