Phoebus Energy is developing advanced heat pumps that efficiently utilize the unused thermal energy both discharged from existing air-conditioning systems and found in atmospheric air to produce additional energy used for heating and cooling water. The company's solution connects to a cloud-based control and monitoring system that collects energy usage data every 60 seconds. Intelligent algorithms then process the real-time and historical data in order to decide how to generate the required energy at the lowest possible cost. The company's solution has been successfully deployed in more than 100 facilities worldwide, including in prominent hotel chains such as Sheraton, Crowne Plaza, and Holiday Inn.