News Column

Large Vendors Vie for Leadership in Enterprise Smart Grid Market

Jul 16 2013 12:00AM

Marketwire

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SALEM, MA -- (Marketwired) -- 07/16/13 -- Following its successful introduction of Enterprise Smart Grid in 2011, Groom Energy Solutions today announced the newest release in its research series, the 2013 Enterprise Smart Grid with a Corporate Buyers' Guide for Energy Management Software. This newest report is based on 68 interviews with corporate energy, facility and sustainability managers, and vendors and on an online survey of 158 companies. It provides an overview of the industry, lists recommendations for companies making software purchases, and names ten Enterprise Smart Grid Leaders.

Enterprise Smart Grid (ESG) is the integration of energy metering, hardware and software by organizations seeking visibility, control and management of their energy consumption. According to Groom Energy's research, ESG is a $6.2B market in 2013 and is projected to grow 30 percent per year over the next four years.

With an explosion of new technologies and startups, the vendor landscape has been changing and evolving quickly. This report reduces confusion for corporate energy managers, utilities, investors, and vendors by defining eleven distinct functional areas and categorizing vendor solutions in each of these areas.

"By applying the principles of the Enterprise Smart Grid, large organizations can effectively drive energy efficiency performance across their operations," said Paul Baier, report author and vice president of research for Groom Energy Solutions. "Our report helps corporate energy managers categorize the overwhelming number of vendor offerings, each with its own capabilities, benefits and limitations."

Major findings from the interviews and research are:

•Larger vendors are beginning to dominate through acquisitions and broader offerings, while many venture-backed startups struggle •The installed cost of submeters for visibility of energy consumption has fallen 30 percent in the last two years as more products come to the market and more technicians are trained to install submeters •Companies increasingly are looking for vendors with a broad product and service portfolio

The ninety-five page report outlines the key principles of the Enterprise Smart Grid framework, categorizes and profiles forty-eight vendors, and provides recommendations for companies refining their requirements and development a short list of vendors to evaluate. Vendors are mapped to the Enterprise Smart Grid framework.

Ten 2013 Enterprise Smart Grid Leaders
The new report names ten 2013 Enterprise Smart Grid Leaders based on the strength of product, financial stability of the company, financial payback of solution, number of customers, sales momentum in the last 18 months and product vision. The 2013 Enterprise Smart Grid Leaders are shown below (listed alphabetically):

•BuildingIQ •Ecova •EFT Energy •EnergyCAP •EnerNOC •eSight Energy •Gridpoint •Phoenix Energy Technologies •Schneider Electric •Siemens

Pricing and Availability
The "2013 Enterprise Smart Grid with a Corporate Buyers' Guide for Energy Management Software" is available now and is priced at $1,995 for an organization or unlimited, multiple-user license. Purchase the report online.

Special report pricing of $395 is available to qualified energy, facility and operational managers. For more information, please contact Groom Energy.

Webinar
A webinar titled Overview of the 2013 Enterprise Smart Grid with Corporate Buyers' Guide for Energy Management Software Report will be presented Tuesday, July 30th, 12:00 PM/Noon ET Register at http://www.groomenergy.com/events.html

Vendors Profiled
The following vendors were profiled in the report: Adura Technologies, BuildingIQ, CA Technologies, C3 Energy, CarbonSystems, Comverge, Credit360, Ecova, EFT Energy, Elster EnergyICT, Emacx Systems, Enablon, ENBALA Power Networks, EnergyCAP, EnerNOC, Entech USB, eSight Energy, First Fuel Software, GE Intelligent Platforms, Gridpoint, Hara, IBM, IHS, Invensys, Johnson Controls, Joulex, Lucid, NISC, Noesis Energy, Oracle, OSIsoft, Panoramic Power, Powerhouse Dynamics, Phoenix Energy Technologies, Powerit Solutions, ResourceKraft, Retroefficiency, Rockwell Automation, SAP, Schneider Electric, Skyfoundry, SCIEnergy, Siemens, Trane, Urjanet, Verisae, Viridity Energy, and Vigilent.

About Groom Energy Solutions
Groom Energy is a leading provider of commercial and industrial energy solutions, with customers including Bed, Bath & Beyond, General Electric, Ocean Spray and Thermo Fisher Scientific. The company delivers a range of services from corporate sustainability and whole building energy assessments to turnkey installations at enterprise facilities across the United States. Groom's projects help their customers reduce costs while positively affecting the environment. For more information please visit our web site.



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MEDIA CONTACT
Paul Baier
Groom Energy Solutions
Email Contact
781-910-5467





Source: Marketwire


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