Firm recognizes GridPoint’s cloud-based energy analytics domain expertise for retail market

 

ARLINGTON, VA – January 22, 2013 – GridPoint, Inc., a recognized leader in smart energy solutions that help customers maximize energy and operational savings, today announced that its energy management data analytics platform, GridPoint Energy Manager, has been named among the top 14 energy management software applications globally in the Green Quadrant Energy Management Software by Verdantix, an independent analyst firm. More than 100 energy management software platforms were reviewed before the firm made its final selection for the report, which provides a detailed comparison of applications to help corporate buyers save time, reduce costs and mitigate risks when selecting products and suppliers.

In the report, Verdantix recognized GridPoint’s domain expertise in delivering data energy analytics tools to commercial and retail customers, specifically grocery and general merchandiser retailers. GridPoint scored best-in-class in the categories of commercial and retail building energy data capture; primary energy and on-site generation data capture; energy asset management; on-site energy generation project planning; and demand response.

“GridPoint is among the top 14 global vendors for enterprise energy management software and is gaining market momentum within the retail and restaurant sector working with some of the world’s leading retail brands,” said Verdantix Analyst Alisdair Mc Dougall. “Retail and restaurant firms with multi-site operations looking to invest in energy management software should consider GridPoint, based on the vendor’s domain knowledge and ability to provide customers granular energy data through robust data capture and analysis. GridPoint offers their customers greater visibility and control of their energy consumption through the provision of hardware, software and services.”

GridPoint’s energy management solution is founded on a data analytics platform that enables customers in key market sectors with complex energy environments to focus on operational issues with the goal of achieving lasting energy savings. The near real-time granular data derived from the company’s leading-edge submetering and control solutions allow facility and energy management teams to uncover previously hidden saving opportunities and achieve greater visibility into site operations and use of energy resources.

“We are honored to be recognized for our cloud-based platform, GridPoint Energy Manager, and the best-in-class data analytics capabilities it provides to our customers. GridPoint has gained significant market momentum with Fortune 500 retailers, grocers and restaurants due to our unique and disruptive approach based on data-driven analytics, submetering and control,” said GridPoint CEO John Spirtos. “Our solution allows customers to uncover previously hidden savings opportunities and consistently achieve double-digit percentage energy and operational savings. We are aggressively and rapidly expanding our capabilities so we can continue to deliver the most comprehensive energy management platform on the market today.”

About GridPoint

GridPoint is a leader in energy optimization technology that decarbonizes commercial buildings and accelerates a more sustainable energy future. GridPoint’s data-driven platform connects energy grids with the built environment and behind-the-meter distributed energy resources, enabling the ability to coordinate energy supply and demand to achieve energy and sustainability goals for businesses and the grid at the same time. GridPoint’s platform is deployed in over 18,000 commercial buildings across multiple industries. Leveraging data analytics, patented algorithms, and intelligent automation to deliver unprecedented visibility into complex building operations, GridPoint reduces energy costs, lowers carbon emissions, provides actionable facility insights and strengthens resiliency – building by building. Networked together, buildings with GridPoint Intelligence™ aggregate the reliable, precise and instantaneous capacity that energy grids increasingly require. The GridPoint Intelligent Energy Network™ of buildings is driving grid modernization and accelerating the transition to a sustainable energy future. For more information, visit https://www.gridpoint.com/.

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