GridPoint named winner of 2016 Customer Value Leadership Award
Reston, VA – June 20, 2016 – 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 had been named the winner of Frost & Sullivan’s 2016 Customer Value Leadership Award for building energy management solutions. This award is given to a company that consistently deepens customer relationships by offering superior products and services that deliver a clear, demonstrable return on investment (ROI).
GridPoint’s unique energy management solution includes granular submetering and monitoring, intelligent control, cloud-based software, and professional services that generate energy, operational, and maintenance savings up to 30%. Customers lower their utility bills by collecting and analyzing site data to intelligently control critical building systems without sacrificing customer comfort. GridPoint’s extensive dataset and decision support tools enable customers to diagnose malfunctioning equipment, prioritize asset maintenance, and assess the financial benefits of energy efficiency projects with confidence.
For this award, Frost & Sullivan analysts independently evaluated two key factors across the nominees: customer impact and business impact. These evaluations are then put into a Decision Support Scorecard, which benchmarks the criteria and identifies positions on a 10-point scale. GridPoint received the highest rating of 9/10, a full 3.5 points higher than its closest competitor who received a score of 6.5/10.
The report cites GridPoint as “[having] a tremendous focus on product development, innovation, technology, and operational efficiencies. These key factors have led to its success as the global leader in providing customer value. The company’s commitment to its customers is highly commendable, where it brings value addition not just from a product perspective, but from a holistic perspective. The company’s recent acquisition by TFC Utilities is set to further elevate its position in the global energy management arena.”
“We are honored to be recognized as an EMS industry leader for delivering exceptional value to customers,” says Mark Danzenbaker, President at GridPoint. “Educating our customers on their energy usage and the health of their facilities through data creates a user experience that encourages the adoption of best practices as they move towards accomplishing their energy and sustainability goals.”
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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/.