GridPoint and Electracom Projects Form Channel Partnership in the United Kingdom

Building management systems firm enhances portfolio with GridPoint’s energy management solutions

 

Arlington, VA – April 28, 2014 – GridPoint, an innovator in comprehensive, data-driven energy management systems (EMS) that enable customers to optimize energy savings, facility efficiency and sustainability agendas, is pleased to announce Electracom Projects, a building management systems (BMS) specialist based in the United Kingdom, as an international extension of GridPoint’s channel partner program. Electracom’s installation and BMS combined with GridPoint’s submetering and monitoring technology allows UK enterprises to enhance energy conscious behaviour through innovative sensoring, cloud-based big data analytics and intelligent control.

 

New regulations and rising energy costs prompt adoption of submetering technology
Electracom and GridPoint’s strategic partnership opens new opportunities for both companies to provide effective energy and sustainability management for enterprises as the United Kingdom prepares for the implementation of the EU Energy Efficiency Directive in 2015, which will require a programme of regular energy audits.
“With costs of energy steadily rising in the United Kingdom and the impending changes in government regulations within the energy industry fast approaching, Electracom surveyed the market and saw a need to employ next-generation energy management solutions to help businesses gain control through submetering, monitoring and cloud-based big data analytics,” says director Kerry Overman of Electracom. “GridPoint’s vision is to deliver Internet of Things technology specific to energy; transforming how commercial, government and educational enterprises reduce energy expenses and carbon emissions, which they have successfully proven with their impressive customer base.”

 

Energy management solutions bring data-driven visibility to usage
Todd M. Raba, president and CEO of GridPoint, says of the partnership, “GridPoint is excited to further our business in the United Kingdom with the assistance of Electracom. Their extensive energy industry experience and installation skills position us to assist UK enterprises as they adapt to new energy regulations and manage escalating energy prices.”
The GridPoint solution submeters individual energy-consuming assets and monitors environmental conditions, sends the data to a cloud-based platform and provides real-time visibility, big data analytic capabilities and dynamic control over energy usage, carbon emissions and critical facility performance. Electracom’s expertise in BMS, automatic controls and electrical installation helps bring these innovative solutions to United Kingdom businesses and government agencies aiming to save money, reduce carbon, enhance customer comfort and achieve sustainability goals.

 

GridPoint’s savings demonstrated in North American retailers

GridPoint solutions have delivered proven results through the combination of data-driven, real-time, asset-level submetering with Software-as-a-Service (SaaS) analytics. With GridPoint’s submetering devices in place, a big box retailer identified 249 issues across 1,100 stores, including unnecessary energy expenses, malfunctioning HVAC and lighting systems and freezer and cooler inventory losses. Additionally, a convenience store operator saves 22% annually per site in energy and capital expenses by monitoring HVAC performance and detecting malfunctions before damaging outages occur.

About Electracom Projects
Electracom Projects has been trading since 2003 and was incorporated in 2008 to form Electracom Projects (UK) Ltd. Initially a provider of electrical installation works to a number of the UK’s premier and blue chip companies Electracom specialises in power, control and data cabling systems. In 2011, the company expanded its capabilities to provide a specialist service for Building Management Systems (BMS).
Electracom works closely with technology and business organisations to create control capabilities that not only meet today’s needs to reduce cost, but also addresses tomorrow’s needs for enhanced business and operational capabilities enabled by converged networks.

For further information contact:
Kerry Overman
Kerry.Overman@electracomprojects.com
07900 253762

 

About GridPoint
GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, operational efficiency, capital utilization and sustainability benefits. GridPoint’s integrated energy management portfolio of asset-level submetering and monitoring, intelligent control, energy management software and professional services can generate energy savings up to 30% and an 18-36 month payback.

GridPoint solutions are deployed at over 12,000 sites with over 64 billion customer data points collected to date, and 100 million added daily. Customers include 6 of the top 10 retailers by total sales, 4 of the top 10 casual dining restaurants, 7 of the top 20 quick serve restaurants, leading commercial and industrial enterprises and major government and educational institutions. To learn more, visit GridPoint.com, and keep up with the latest GridPoint news via LinkedIn linkedin.com/company/gridpoint and Twitter@gridpoint.
Media Contact:
Sarah Trainor
media@gridpoint.com
+1 (703) 667-7173


GridPoint Identified as a Prominent Energy Management Software Provider by Independent Analyst Firm

Green Quadrant Energy Management Software Report Highlights GridPoint in the Entrepreneurs Quadrant

 

Arlington, VA – April 8, 2014 – GridPoint, an innovator in comprehensive, data-driven energy management systems (EMS) that enable customers to optimize energy savings, facility efficiency and sustainability efforts, today announced that its energy management data analytics platform, GridPoint Energy Manager, has once again been named among the top 14 energy management software applications globally in the Green Quadrant Energy Management Software report by Verdantix, an independent analyst firm. More than 80 energy management software platforms were reviewed before the firm made its final selection. Based on the proprietary Verdantix Green Quadrant methodology, the analysis combines benchmark data from live product demonstrations, responses to a 130 point questionnaire and interviews with an independent panel of 15 customers representing firms with revenues of $348 billion.In the report, Verdantix placed GridPoint in the Entrepreneurs Quadrant with best-in-class capabilities for demand response and asset-level submetering, which contributed to GridPoint receiving the second highest score overall for its energy asset management. GridPoint also received the second highest score overall in project and portfolio management with Verdantix citing its dashboards for target setting and tracking that let users incorporate submetering data for continuous measurement of initiative performance against established targets and baselines. In the Entrepreneurs Quadrant specifically, GridPoint scored the highest of any firm on energy monitoring and targeting.

“Verdantix placed GridPoint among the top 14 for its energy asset management functionality and impressive demand response capabilities,” said Verdantix Industry Analyst, Alisdair McDougall, author of the report. “Retailers whose financial success depends on effectively managing energy while still accounting for the complexity of retail building operations would be wise to keep GridPoint on their shortlist of suppliers.”

Verdantix also highlighted GridPoint’s growing prospective buyers, including organizations with large building footprints as well as retailers, grocers and restaurants. GridPoint’s energy management solution is founded on Internet of Things technologies, including asset-level submetering, environmental monitoring and cloud-based big data analytics, which enable customers with varying energy footprints to achieve greater energy savings, carbon reduction, facility efficiency and capital utilization.

“We are honored to again be recognized as a leader with momentum in an independent, detailed and thorough analysis by one of the industry’s top experts,” said GridPoint president and CEO Todd M. Raba. “This recognition by Verdantix, and other esteemed analysts, is a consistent trend for us and validates our innovative approach in the marketplace.”

About GridPoint
GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, operational efficiency, capital utilization and sustainability benefits. GridPoint’s integrated energy management portfolio can generate energy savings up to 30% and an 18-36-month payback.

GridPoint solutions are deployed at more than 12,000 sites with over 64 billion customer data points collected to date, and 100 million added daily. Customers include 6 of the top 10 retailers by total sales, 4 of the top 10 casual dining restaurants, 7 of the top 20 quick serve restaurants, leading commercial and industrial enterprises and major government and educational institutions. To learn more, visit GridPoint.com, and keep up with the latest GridPoint news via LinkedIn linkedin.com/company/gridpoint and Twitter @gridpoint.

Media Contact: Sarah Trainor
media@gridpoint.com
(703) 667-7173