New Features: Mobile 3.0 Helps Kick-start Small Businesses Energy Efficiency

Small business owners have unique challenges that make investing in their facilities and energy projects seem extraneous. Capital, time, and manpower often limit priorities to core business goals leaving facility maintenance and repairs to be completed retroactively. While these projects generally do require some initial investment, they result in greater savings over time.

Larger enterprises have the capital and manpower to sign and manage preventative maintenance contracts. Outsourced contractors ensure equipment is running optimally keeping energy costs low and repair costs minimal. These contracts make sense for large enterprises, but are not as feasible for small businesses leaving owners in-the-dark. The lack of knowledge into a facility’s health leads to increasing energy costs, and a capital black-hole when a location needs to be shut down for costly equipment repairs.

GridPoint’s new Mobile 3.0 features bring energy and facility management opportunities to small businesses by reducing complexity of the solution and delivering it in an easily accessible way. These on-the-go tools visualize site issues and patterns, and indicate when action should be taken to avoid negative impacts on a business.

Jane Smith started a new quick-serve restaurant last year with three locations. She is passionate about making it big in the food service industry by creating one-of-a-kind, healthy food recipes and a friendly ambience. Being a small business owner is overwhelming as she must manage her staff, food quality, and costs all while providing the best possible customer experience. She is good at managing core operations and can control most costs, but she has noticed her energy bills increasing and doesn’t know why.

Here are a few ways Mobile 3.0 features can support Jane’s restaurants and keep her facilities and energy optimized:

 

HVAC Health
Like most restaurant owners, Jane has no idea how efficient her HVAC units are – she expects them to cool when it’s hot and heat when it’s cold. No one on her management team would know if a unit was malfunctioning until it ultimately breaks down, resulting in uncomfortable customers.

GridPoint’s system monitors and analyzes HVAC performance and can indicate when a unit is not performing well. The Mobile HVAC Health tool details each individual unit, and shows which ones are functioning correctly and which ones are declining in performance. Now she can proactively call an HVAC technician and have better control over her maintenance and repair expenses.

 

 

Comfort Control & Override Management
Jane realizes that adjusting her temperature to more moderate set-points can make a large impact on her energy bill, but she’s not willing to sacrifice customer comfort for those savings.

GridPoint’s comfort control and override features enable her to set multiple setpoint schedules for each HVAC unit to maximize savings. For instance, during the summer she could automate her temperature in the dining room to go up 3 degrees during slow hours, while keeping the kitchen cool for employees, and have the dining temperature return to normal during the lunch rush. If by chance she notices more customers than usual during an off-time, she can open her mobile app and immediately override the set-point.

 

 

Energy Dashboard
Jane’s mobile energy dashboard details how much energy is being consumed by individual appliances. She can focus energy efforts on the highest consumers for the greatest impact of controlling her energy bill. The dashboard also shows the peak load of her building and which appliances are creating the peak demand. She can use this to create a strategy to reduce the costly demand charges on her bills.

GridPoint strives to be the best in the world at collecting energy-related data and making it actionable for our customers. We do this by continuing to develop products and features with three goals in mind; integration, automation, and simplification. Our latest mobile release, 3.0, is designed to support the goal that makes our customers’ lives easier – simplification. This is GridPoint’s most feature-packed release to-date, and enables our customers to do so much more on-the-go. For more information, or to view a demo video visit http://www.gridpoint.com/mobile/, or contact GridPoint using the form below.

 

 

 

Deepak Budhiraja
VP, Product Management



Managing Consumption & Demand Charges

Understanding Time of Use

Certain times of the year put huge strains on our energy grid due to high demand.  To combat this strain, utilities implement rate increases for specific Time of Use (TOU) periods which increases the cost of energy during these high-demand times.  What does this mean?  Utilities establish higher on-peak and lower off-peak rates for kWh consumed during a specific period – for example, between June 1 and September 30 a utility sets an on-peak rate of $.29 between 3pm-6pm and off-peak rate of $.10 for any time outside of the peak period. As a business owner, you want to understand how you are being billed and find ways to manage your energy consumption during on-peak times to keep utility bills as low as possible.

Understanding Your Demand Charges

Your utility will typically identify a period during the month, quarter, or year (varies by utility) where the overall demand on the grid is high, and will add a peak demand charge to your bill based off your peak during that selected period. If your peak demand happens to be low during this time you could be in luck, especially if your utility sets demand charges annually.  You will continue to be billed at that rate until the next change cycle. To avoid additional energy, spend, facility managers must avoid setting new demand peaks by shifting consumption during the high-demand times.

For more information on utility charges view our previous blog on understanding electric consumption and demand charges.

5 Ways to Manage Your Energy Charges

Your car today likely tells you how many miles you have until you run out of gas, what the car’s average mpg is, and when it is in need of maintenance. These are fundamental tools to understanding how your car operates and when you need to take action. The same “smart” principles apply to buildings. Below are five ways smart building technology can help manage peak charges and TOU periods, and keep your energy costs in-check:

 

1)   Advanced Scheduling: Customers can use advanced scheduling to establish create a schedule that uses less energy when the rate is high and uses more energy when rates are lower to shift energy loads to lower cost time-periods.  Multiple periods can be added to the schedule so the customer is not limited to just setting open-close schedules. Lastly, HVAC schedules can be altered throughout the day to reduce exposure to TOU pricing and create additional savings.

2) Efficiency Algorithms: GridPoint’s setback and recovery algorithms efficiently transition HVAC units, by zone, from unoccupied hours to occupied hours and vice versa.  This limits unnecessary expenditure and ensures that locations are ready for business hours, keeping customers and employees comfortable. Additionally, this reduces a peak energy spike in the morning by staggering the ramp up period for HVAC units.

3) Load Curtailment: GridPoint’s load curtailment algorithm will predict a building’s peak demand on a daily basis and set thresholds to ensure new peaks are avoided every week.   As demand approaches the threshold automated controls can shut off equipment for short intervals to reduce the load. For example, if a restaurant is approaching peak on a hot summer day, the algorithm could call for various HVAC units to reduce its call for cooling for 15-minute intervals to maintain customer comfort and avoid surpassing the threshold. In order to control comfort within the building, the algorithm will stagger which HVAC units are in “curtailment” mode. Once the load is stabilized below the peak, the unit(s) will resume the normal schedule.

4)  Override Management: Override management features control to what level a setpoint schedule can be altered in a location. This gives employees the ability to make slight changes as needed, while staying within company policy to ensure energy efficiency. However, it prevents operational drift from employees creating permanent holds on thermostats that end up wasting energy by running constantly.

5)  Preventative Maintenance: Tools like HVAC Scope and the GridPoint mobile app give managers insight into equipment health and can help identify issues before they occur. Proactively identifying and correcting these issues avoids a costly malfunction which would negatively impact consumption and/or peak charges.

 

Utilities understand the benefits of smart building technology and energy efficiency tools, and often offer rebates or incentives to customers that invest in efficiency programs and products.  Each building is different and these new technologies can identify and respond to trends or other factors that have an impact on behavior or contribute to unnecessary costs. Click here for more information regarding utility requirements or to see if you are eligible for rebate or incentive programs within your state.

 

For more information on GridPoint’s smart building technology or anything discussed in this post, fill out the form below:


[Grid]Pointers on Getting your Sites Ready for Summer

Only a few days until summer officially begins but the temperature changes have already set records! Weather reports estimate that the 2017 season will be hotter than average, and facility managers need to factor this into their seasonal adjustments to ensure smooth operations during the sweltering months. Here are a few tips to protect your equipment against the heat, increase uptime, and keep everyone comfortable this summer:


Update your store hours

Many businesses open earlier and close later in the summer months, but if hours aren’t updated in your EMS (or BMS) the temperature inside won’t reflect the open hours, resulting in uncomfortable customers.  Updating these hours can be a tedious task, but by using GridPoint’s bulk edit feature, users can update multiple locations simultaneously with just a few clicks. The advanced scheduling feature compliments your store hours by enabling multiple sets of hours to be set up by GridPoint support teams with different energy settings. These could be for when employees are on-site but the location is closed, during busy periods, or during slow periods.

 

Establish setpoints

Who doesn’t love the feeling of walking in a cool building after being outside on a 100 degree day? But over-cooling your space can kill your energy budget and put unnecessary strain on your HVAC units. GridPoint’s smart building technology considers external weather data to ensure that location’s internal temperature remains comfortable and that HVAC functionality is optimized.  GridPoint’s Dynamic Setpoint Algorithm is a safety net that makes sure your HVAC units adjust automatically to unexpected temperature changes. Users can then set a more modest setpoint without fear of fluctuation. Of course, overrides can be done from the on-site controller or remotely by a mobile device if needed.

 

Assess HVAC unit health proactively before an issue occurs

HVAC maintenance can be costly, but not as costly as a replacement unit or the downtime that results from a unit that has failed. Instead of scheduling a traditional, seasonal maintenance checkup, GridPoint’s automated HVAC Scope test tool should be run to test each HVAC unit, at each stage, before the hottest months arrive. This test provides insight into the health of each unit and enables facility managers to identify and prioritize maintenance needs. The tool not only optimizes a technician’s time on-site, but can also validate a repair immediately to eliminate any additional truck rolls.

 

Implement additional algorithms aligned with your business needs

GridPoint’s technology incorporates patented algorithms to further optimize energy usage, increase comfort, and protect equipment. Curtail your loads automatically to meet target load limits, efficiently transition zones between unoccupied and occupied temperatures, remove humidity from your sites, improve your air quality, or shield equipment during a voltage imbalance.

 

Enroll in a Demand Response program
Demand Response programs are offered by many local utilities, contact your provider to inquire about opportunities in your area. These programs enable utility customers to contribute to energy load reductions during times of peak demand in exchange for an incentive. This results in improved service to the whole geographic area, saves energy, and saves energy expense. This is a great way to be environmentally supportive, save money, and still operate your facility with comfort in mind.

 

Run reports to benchmark your usage
Reports are a great way to compare equipment performance or energy usage at a site against itself or across other sites over a period of time.  Reports visualize anomalies or failures, and can also help identify opportunities for performance improvements.  By establishing a baseline, users can adopt realistic energy strategies that are aligned with their department and company goals.

 

For more information on GridPoint’s smart building technology or anything discussed in this post, fill out the form below:


Top Deejay Headphones

First impressions.

Many years ago, I worked for my parents who own a video production company. Because it is a family business, you inevitably end up wearing many hats and being the czar of many different jobs. I mainly managed projects and worked as a video editor. On production, there were times that I was called on to work as an audio tech and was made to wear headphones on long production days. In those days, having a really good set of headphones that picked up every nuance of sound was essential to making sure the client got what they needed. Many years ago, I worked for my parents who own a video production company. Because it is a family business, you inevitably end up wearing many hats and being the czar of many different jobs. I mainly managed projects and worked as a video editor. On production, there were times that I was called on to work as an audio tech and was made to wear headphones on long production days. In those days, having a really good set of headphones that picked up every nuance of sound was essential to making sure the client got what they needed.

Naturally, my first impression of these headphones is based off of the look of them. They have a classic over-the-ear style that is highlighted by a blue LED light that indicates the power for the noise canceling. The padding on the ear pieces seems adequate for extended usage periods.

They are wired headphones, but the 3.5mm stereo mini-plug cable is detachable. Something else I noticed right of the bat was the very nice carrying case that comes with them. It has a hard plastic exterior with a soft cloth interior that helps to protect the surface of the headphones from scratches. I never truly appreciated cases for headphones until I started carrying them from place-to-place. Now I can’t imagine not having a case.

It’s safe to say that because of my unique professional experiences, I’ve tested out a lot of headphones.

John Williams

A perfect fit.

Once I gave the headphones a thorough once-over exam, I tried them on. As I mentioned, they have a classic over-the-ear style and just looking at them, the padding on the ear pieces seem adequate and the peak of the headband seemed to be a bit lacking, but you don’t really know comfort unless you try on the product. So, I slipped the headphones on and found them to be exquisitely comfortable. In order to test how voices sounded, and the overall art of sound mixing, I pulled up Netflix on my iPad Air 2 and watched a few minutes of a movie to hear all the nuances of the film. None of them were lost. In fact, I ended up hearing sounds that I hadn’t heard before. Echoes…birds chirping…wind blowing through trees…breathing of the characters…it was very impressive what the headphones ended up bringing out for me.

Quality.

Now that I had the headphones on my head, I was finally ready to plug and play some music. I plugged the provided cable into the jack on the headphones and then the one on my iPhone 6. Then I called up Pandora. I tend to have a very eclectic music purview and have many stations set up for different moods. From John Williams to Fallout Boy, the sound quality of these headphones was remarkable. There is an amazing depth of sound and incredible highs and lows that make listening to music a truly breathtaking experience.

In order to test how voices sounded, and the overall art of sound mixing, I pulled up Netflix on my iPad Air 2 and watched a few minutes of a movie to hear all the nuances of the film. None of them were lost. In fact, I ended up hearing sounds that I hadn’t heard before. Echoes…birds chirping…wind blowing through trees…breathing of the characters…it was very impressive what the headphones ended up bringing out for me.


The Emergence of the Energy Conscious Enterprise

As significant economic, political and technological forces evolve, enterprises are continuing to shift into a more energy-conscious mindset. New advances in technology are making innovative energy management possible, affordable and achievable from the residential sector to businesses with multiple locations across the country.

Asset-level submetering, environmental monitoring and cloud-based software platforms, in particular, are changing the way enterprises measure, monitor and manage energy usage with affordable solutions that can generate up to 30% savings, typically with 24-month-payback. In our newest white paper, GridPoint has identified five megatrends transforming the way enterprises approach energy management to reduce carbon emissions and save money:

Megatrend 1: Rising and Volatile Energy PricesEnergy prices are on a long-term, secular rise. In fact, the United States Department of Energy estimates that industrial electricity prices will grow an average 1.9% annually and 46% total over the next 20 years after inflation due to demand growth, resource supply, capacity lagging behind increased demand, political events and unexpected weather such as the polar vortex.

Megatrend 2: Government Regulation and Standards

There are numerous organizations that create and promote standards for energy management and overall building energy efficiency, including the Environmental Protection Agency (EPA) and the American Council for an Energy-Efficient Economy (ACEEE) among others, which highlight the importance of real-time, asset-level submetering to achieve granular visibility into energy use, optimize site operations and satisfy regulatory compliance requirements.

Megatrend 3: Corporate Responsibility

Corporate responsibility continues to be a key goal and priority for corporations and government institutions alike as good citizenship behavior is expected by the market and constituents.

Megatrend 4: Internet of Things

The rapid growth of devices connected to the Internet of Things (IoT) makes energy management more affordable and effective than ever before. IoT devices communicate to each other by sending data over a network without any necessary human interaction and, according to Business Insider’s “Here Comes the Internet of Things,” these devices are estimated to grow from 10 billion in 2012 to 70 billion in 2020.

Megatrend 5: Data-driven Energy Management

Finally, you cannot manage what you do not measure. Data-driven energy efficiency management will become an expected approach to achieve maximum financial savings, operational efficiencies, capital returns and carbon reductions.

As a result of these five megatrends, tomorrow’s successful organizations will become energy conscious today by leveraging real-time energy usage data to gain visibility, analysis and control of their overall energy usage.

To learn more about what’s fueling the market, download GridPoint’s white paper The Five Megatrends Shaping the Energy Conscious Enterprise or our e-book available on Slideshare.


Billion Dollar Baby: Navigant Research Identifies GridPoint as Key Player in Billion Dollar Small- and Medium-Sized Building Market

Billion Dollar Baby: Navigant Research Identifies GridPoint as Key Player in Billion Dollar Small- and Medium-Sized Building Market

Navigant Research recently released a report projecting revenues for building energy management systems (BEMSs) for small and medium-sized buildings to increase globally from $227 million annually in 2014 to $1.3 billion in 2022. The research confirms GridPoint’s decision to transition from the smart grid to focus entirely on energy management systems (EMS) to provide innovative solutions for businesses wanting to transform into energy conscious enterprises.

In the press release, Noah Goldstein, research director with Navigant Research, said, “Innovative BEMS solutions are being tested in the market, while increased digital control infrastructure is being installed in both new buildings and retrofits to comply with more stringent building codes. At the same time, executives are pushing for more enterprise energy management to manage costs.” Goldstein’s statement supports the five megatrends GridPoint outlined in the June issue of Buying & Using Utilities (pp. 8-9).

Similar to Navigant’s market drivers, GridPoint identified that rising and volatile energy prices, increasing government regulation and standards, continued focus on carbon reduction and energy efficiency as well as the need to manage operational costs including energy expenses are driving businesses to evaluate and implement EMS solutions. At the same time, Internet of Things technologies are becoming more prevalent and accessible, making things like big data analytics and cloud computing more affordable and easier to implement for effective energy and facility management.

The new research sheds light on the need for the right balance of hardware, software and services, depending on the building size, when implementing energy management systems. GridPoint’s recognized strength is our ability to integrate submetering and monitoring, big data analytics and control into the energy management process for superior results. Our new GridPoint Open Connect Platform allows us to integrate into existing environments and leverage previous investments to make energy management even more powerful for our customers which is why six of the top 10 retailers by total sales, four of the top 10 casual dining restaurants and seven of the top 20 quick serve restaurants have our products installed across their portfolio.

The report, “Energy Management for Small and Medium Buildings,” identifies GridPoint as a key BEMS player in the small and medium commercial building market, with a special call out to our energy controller. We are excited to be in a position to offer innovative solutions for enterprises looking to improve equipment performance, enhance corporate image through sustainability measures, meet regulations and standards, reduce carbon emissions and save money.


Powerful Plans for Carbon Reduction

The Environmental Protection Agency (EPA) recently released the Clean Power Plan proposal, a rule that would require power plants to reduce carbon emissions 30% by 2030 as compared to 2005 levels. According to the EPA, power plants account for nearly a third of the nation’s carbon emissions and account for a major portion of our environment’s pollution.

Created as an extension of President Obama’s climate change action plan, the Clean Power Plan proposes a set of guidelines to help cut carbon pollution from plants and make them more efficient. The EPA estimates that by doing so, electricity bills will be reduced roughly 8% through increasing energy efficiency and reducing demand on the grid.

However, power plants are not solely responsible for high levels of carbon emissions and pollution. Commercial buildings account for 18% of energy consumption and, as with power plants, reduction is the key to unlocking savings and emitting less carbon.

An energy management system (EMS) like GridPoint’s provides visibility into enterprise-wide energy consumption through submetering, monitoring and big data analytics. Our cloud-based platform includes control automation and advanced algorithms to maintain set points and identify new opportunities for savings. While the EPA predictions assume 8% savings, the 12,000 sites that have GridPoint’s EMS systems installed have generated energy savings up to 30%. To date, GridPoint’s lifetime carbon emission reduction is equivalent to the annual greenhouse gas emissions from more than 200,000 cars.

From power plant to retail stores, the reduction of carbon emissions is needed across the board. Let GridPoint and its energy management systems help your enterprise be part of the solution, not the problem.


GridPoint Energy Data Analyzed in Nationwide DataFest

In 2011, Rob Gould, vice-chair of undergraduate studies at UCLA’s department of statistics, created the DataFest, a team competition in which students were given 48 hours to analyze a complex dataset and provide intelligent, creative insight before a panel of judges. The competitive nature of the event was designed to rejuvenate students’ academic performance while giving them a taste of real-world, current data. Since that first event, DataFest has grown significantly and is now hosted by five major schools nationwide.

"I'm really excited and pleased to see how DataFest has grown. In 2011, we had about 30 students at UCLA, and now we had almost 400 students at 15 colleges and universities around the country, all analyzing the same dataset,” said Professor Gould. “I think this speaks to a real hunger that students feel for being provided with challenging problems in a fun and supportive environment."

Each year, the data provider is kept secret until the beginning of each event. GridPoint provided “secret” dataset this year and students were challenged not only to glean imaginative analysis, but were also required to learn about the consumption and reduction of energy in a short amount of time. Data-crazed students participated in DataFests that were hosted at Duke University, Princeton University, Emory University, UCLA and the Five Colleges.

Kyle McCarter, director of solutions engineering at GridPoint, who received his B.S.E. from Duke University in 2005, said attending the event at his alma mater gave him a new perspective on the data GridPoint deals with daily. “We deal with difficult data. Time-series data was new to a lot of people, even the graduate students. Additionally, there is a lot of contextual information (like how an HVAC system works) that is necessary to model things properly,” he noted.

Overall, Kyle reported that students’ approach to GridPoint’s data was compelling and found that their analysis offered valuable ideas for future exploration.

Congratulations to this year’s winners and thank you to the DataFest organizers for featuring GridPoint! 

Duke University:
Best in Show: “Wolfram Alphas”: Mao Hu, Avinash Moondra, Sankash Shankar, Daniel Zhang, Zenia Zheng, Josh Latner, Meghan Scanlon; “D 4 C”: Alvin Kang, Paul Kim, Lilly Park, Kevin Wu, Eric Wu
Best Use of External Data: “Team Clairvoyant”: Ashish Agarwal, Yu Fan, Fangjian Guo, Yizhe Zhang, Weiqiang Zhu; “The Fantastic 5+1”: Xirui Diao, Mingqiang Fu, Xiangcheng Gao, Yi Rong Hoo, Ruisi Zhan, Brianna Bai; “Data Cruncherz”: Travis Britain, Brittany Cohen, Varun Himamshu, Gabrielle Levac, Heather Shapiro, Philip Srevrev
Best Visualization: “Cougar Bait”: Lorin Crawford, Nghi Nguyen, Derek Owens-Oas, Shinichiro Shirota, Xi Chen, Joseph Futoma, Christoph Hellmayr, Matt Johnson, Victor Pena; “Spectral”: Bryan Davis, Fuhui Fang, Yinan Fang, Jie Gao

Princeton University:
Best in Show: “DJ Hydrazine”: Harold Li, Nathaniel May, David Zhao
Best Visualization: “The Outliers”: Ujjwal Dahuja, Mihaela Curmei, Arunraj Balaji, Mark Aksen, Lydia Liu, Kevin Lin
Best Use of External Data: “WuTang Financial”: Farhan Abrol, John Anderson, David Jensen, Leor Klainerman, Robert Sami

Five Colleges: Smith College’s “The P-Valuables”: Deidre Fitzpatrick Michele Handy, Maja Milosavljevic , Sara Stoudt, Dana Udwin

Emory University:

Best Insight and Best Visualization: “Data Miners”: Kirk Hadley, Aiming Nie, Michael Zhai, Tony Wang, Fei Gao; “ANOVA One Bites the Dust”: Kyle Niezgoda

UCLA:

Best Insight: “Oops I Dataed Again”: Siena Duplan, Kayla Frisoli, Kimberly Mauleon, Greta Olesen, Daniel Smith; “SC Statistics”: Chris Funaki, Sri Ramesh, Bradley Rava, Tsz Chan, Matthew Norris
Best Visualization: “Jack n Coke”: Lev Golod, Johghyun Lee

Best Use of External Data: “JSS”: Shahid Cohan, James Lepore, Sean Grant 

Read more about DataFest 2014 here:

GridPoint Provides Dataset for National College Tournament “DataFest” 

The Students Most Likely to Take Our Jobs
fivethirtyeight.com

A Weekend of Data Crunching
Duke Magazine

DataFest Sees Teams Competing in Data Analysis
The Daily Princetonian


GridPoint Cloud Connector for Niagara Released as First Product of Open Connect Platform

GridPoint Cloud Connector for Niagara Released as First Product of Open Connect Platform

New Software Applications Provide Open Approach for Customers to Leverage Existing Investments

Arlington, VA – May 30, 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 it has released the GridPoint Cloud Connector for Niagara, GridPoint’s first open platform connector product. The new solution allows customers to leverage existing investments and environments using application programming interfaces (APIs), on-site drivers and cloud connectors, and is designed to aggregate data from multiple sources for a more holistic energy picture.GridPoint Cloud Connector for Niagara Provides Enterprise-Wide Energy Visibility

With more than 400,000 instances of the Niagara platform installed globally, Tridium’s technology helps businesses implement effective controls throughout the enterprise. When this technology is combined with GridPoint’s cloud-based big data analytics software platform, GridPoint Energy Manager, businesses are given a comprehensive view into their energy consumption. Heating, ventilation and air conditioning (HVAC), lighting, refrigeration, renewable and other energy and non-energy related data are seamlessly transmitted from the NiagaraAX software platform to GridPoint Energy Manager, giving users site-level visibility into structured data across the enterprise.

“Combining GridPoint’s advanced submetering and cloud-based energy management and analytics platform with our industry-leading Niagara Framework-based solutions gives customers greater and more flexible control over management of their energy usage,” said Nino DiCosmo, general manager for Tridium. “As the advanced energy management market continues its rapid growth, our combined products will offer both smart energy solutions and intelligent building automation that provide quantifiable, actionable information leading to better decisions and greater energy savings.”

Asset-level submetering is beneficial because unlike traditional metering solutions, which only measure total site energy usage, submetering allows energy managers to delve deeper into energy consumed by individual assets to optimize equipment performance, implement smarter alarms and intelligently manage crucial projects.

“As cloud-based approaches to energy management become more prevalent, an open approach like the GridPoint Cloud Connector for Niagara will be essential to businesses who want to integrate new solutions into existing environments and get the maximum value out of their EMS investments,” said Todd M. Raba, president and CEO of GridPoint.

Enhanced Equipment Integration for Better Data Organization

When businesses install equipment from various vendors across multiple sites, it is often installed by different contractors resulting in important data labeled differently across the enterprise. If data is not labeled properly, downstream analytics are more costly and less accurate. GridPoint’s Open Connect Platform applications listen locally, translate the data and allow users to assign consistent labels to which GridPoint Energy Manger can apply its analytics and create useful reports for customers. The GridPoint Open Connect Platform supports Tridium’s NiagaraAX platform, as well as common communication protocols such as BACnet and Modbus for on-site integration with Trane, Lennox, Carrier and other energy-consuming assets.

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
(703) 667-7173


What's the Big Deal About Big Data?

By Anthony O’Farrell


When I first told friends and family that I was going back to school to study analytics, everyone kept asking, “Analytics? What’s that?” Fast forward a few years and data analytics is everywhere – often prefixed with the word BIG! So what drew me to the sexiest job of the 21stcentury? The exponential rise in digital data means there is a corresponding demand for people, organizations and tools that can harness that data and deliver insight. GridPoint is such an organization and GridPoint Energy Manager is that tool.
 
That word, insight, is a critical and sometimes neglected piece of the big data puzzle. Collecting data is relatively straightforward, but the results are complex. In fact, WIRED reports that researchers at the University of California at Berkeley discovered that five quintillion bytes of data are produced every two days! Here at GridPoint, we have been collecting energy data since 2003, and to date we have accumulated 75 billion data points which are being added to at a rate of 100 million data points per day. The data collection and storage problem has been cracked – so now what? If you are simply collecting data and storing it then your business plan is no better than the South Park Gnomes’ Three Phase Business Plan. Just like drilling for and refining commodities like crude oil, we only derive value from energy data through sophisticated data mining techniques using a range of analytical tools and statistical savvy. Our end product is not just mountains of data – our end product is insight, insight into how your buildings consume energy across your enterprise.
 
With data-driven insight, the decision makers in your organization can make better informed and quicker decisions. It is this insight, and not the data per se, that delivers reduced energy consumption, increased building comfort and improved operational efficiency. By using real data you can have confidence that you are optimizing the limited resources at your disposal. At GridPoint, we combine cutting-edge advanced analytics with decades of subject matter expertise to deliver real lasting value to our customers.