Cloud has initially installed over 600 PRISM devices across 40 Rank sites, moving to cover their full estate over time.

We’re providing bespoke reporting, dashboards, and a mobile app that will help the teams at Mecca and Grosvenor take ownership of their consumption and enable positive behavioural change.

Cloud and Rank have agreed a set of outcomes to reach over the coming years, these include:

• Joint energy reduction targets across all sites which will amount to a saving of £5.1 million in electricity costs and an 18% reduction in run rate.
• A return on investment in just 18 months with a 204% ROI in five years.
• The provision of dashboards and an energy management app for all key staff at each site, expanded to include oil and gas consumption in addition to electricity.
• 12,000 assets connected to Mindsett PRISM devices across all sites, allowing us to collect over 10 billion data points annually.  These data points enable the team at Cloud to deliver the Mindsett INDEX and Mindsett RAINBOW (our predictive maintenance programme).

Within 12 months of installation, Mindsett will introduce the Mindsett INDEX and Mindsett RAINBOW modules, both contributing to a reduction in capital replacements, non-trading events, and planned maintenance costs.

“We set out some ambitious goals in our latest ESG report with the aim to invest in efficient and responsible operations to reduce our impact on the environment.  Our new partnership with Cloud will help us accelerate our carbon reduction plans across our estate.

Cloud has developed some great technology that gives a granular view of energy use in real-time and a framework to be able to use that information to change behaviours that will benefit the environment.”

Matt Austin – Group Property Director – Rank Group

a saving of £5.1 million in electricity costs in x months/years

18% reduction in run rate in x timeframe

a 204% ROI in five years

x% capex spend savings across x years

over 10 billion data points analysed annually

“Our relationship with Cloud is more than just a facilities management partnership.  We work in partnership with Cloud to help to address our environmental strategy.

Through the introduction of Mindsett PRISM to a significant amount of our building’s assets, we have not only achieved a healthy reduction in our energy costs, but also improved our business culture around sustainability and behaviours that contribute to our success as an energy and environmentally conscious business.

Without the very specific insights that we receive in real-time from the Mindsett PRISM data, we wouldn’t be able to demonstrate to our teams so clearly where excess usage is taking place and how easily through their own actions, they can make such a significant and immediate impact to reduce our carbon footprint. “

Key Benefits for Rank Group:

Real-Time Monitoring: Mindsett PRISM® allows us to track energy usage in real-time, identifying inefficiencies and optimising energy consumption across our facilities.

Cost Savings: By pinpointing areas of excessive energy use, Mindsett PRISM® helped Rank Group reduce operational costs, contributing to our bottom line while promoting sustainable practices.

Customisable Reporting: The tool’s customisable dashboards and reports enable us to visualise energy and asset data in a way that aligns with our specific business needs, making it easier to make informed decisions.

Sustainability Goals: Implementing Mindsett PRISM® has demonstrated Rank Group’s commitment to sustainability by reducing our carbon footprint, which is increasingly important to our stakeholders, including clients and partners.

Sarah Powell
Director of ESG and Treasury
Rank Group