US$742 million Global Market for Energy Management Software by 2017

 

A fresh analysis of the world’s
energy management software vendors has named CarbonSystems, a Green Quadrant
leader, as big business struggles to manage spiralling energy costs and risks
to energy security. The latest Verdantix study shows that the four market
leaders — CarbonSystems, CA Technologies, IBM and Verisae – offer strong
energy management functionality, proven integration with a wide range of meters
and controls, deep expertise in energy domains, an impressive customer base,
and meaningful implementation partnerships. Read More

 

Verdantix reports on Carbon
Systems (6 December 2011):

A fresh analysis of the world’s
energy management software vendors has named CarbonSystems a Green Quadrant
leader as big business struggles to manage spiralling energy costs and risks to
energy security.

Independent analyst firm Verdantix judged
Australian company CarbonSystems as one of four global leading software vendors
based on an independent, fact-based comparative analysis of companies offering
energy management software applications.

Published today, the new
Verdantix report combined benchmark data from 15 live product demonstrations,
responses to a 115 point questionnaire, and interviews with an independent
panel of 15 enterprise customers who have bought or are planning to buy energy
management software.

Verdantix reported that the four
market leaders — CarbonSystems, CA Technologies, IBM and Verisae – offer
strong energy management functionality, proven integration with a wide range of
meters and controls, deep expertise in energy domains, an impressive customer
base, and meaningful implementation partnerships.

However Verdantix noted that many vendors do
not have the product architecture to scale up to a global deployment — just 15
companies were assessed for review from 60 vendor applicants from around the
world.

The trend to manage corporate
energy has seen the rise of energy management software vendors that assist
companies to capture, track and report their energy use. Verdantix analysis
reveals that the US market for carbon and energy management software in 2011
will be $207 million and will grow to $558 million by 2014; the global market
is expected to reach $742 million in size by 2017, according to Pike Research.

Post-2013 Verdantix believes that a handful of
established software suppliers will dominate the enterprise energy management
software market with three firms established as clear leaders by 2016.

Energy software buyers face
complexity

Buyers of energy management
software face a plethora of software vendors, equipment and controls firms,
energy consultants, and services firms, according to Verdantix CEO, David
Metcalfe.

“To help buyers save time and
money in the software selection process, as well as reducing risk in purchase
decisions, Verdantix conducted an independent, fact-based analysis of the 15
enterprise energy management software suppliers with the strongest claim to
support global deployments.

“The report aims to guide
decision makers such as CFOs and VPs for sustainability and energy that are
assessing software vendors that manage and streamline their firm’s energy
supply, consumption and costs,” he said.

CarbonSystems leadership position

“CarbonSystems’ position in the
leaders’ quadrant is based on their strong capability in several important
domains – energy data capture, systems integration, security and audit, and
energy reporting and analysis,” said David Metcalfe.

“CarbonSystems is among a few
providers at the forefront of energy management software market worldwide.
Their proven ability to capture, integrate and manage energy data for large
firms in diverse industries gives them a strong competitive advantage.”

Commenting on the report,
CarbonSystems’ chief executive David Solsky said: “Companies want solutions
that take away the pain and headache caused by the complexity of managing
energy data and that show them where to reduce consumption and save money on
their energy bills. That’s what we do for clients around the world. That’s why
we’re leading in the energy management software market.”

What energy software buyers want

“Most customer panel members said
that a proven ability to deliver value by identifying energy consumption
reduction opportunities was critical,” said David Metcalfe. “Proven integration
with meters and controls across data centres, commercial buildings and
industrial plants was also rated highly.

“Integration across multiple
energy domains is complex because it requires integration with meters, Building
Management Systems, lighting systems within commercial buildings, Supervisory
Control and Data Acquisition Systems (SCADA) in manufacturing facilities and
Uninterruptible Power Supply (UPS) units, servers and racks within data
centres.”

About CarbonSystems

CarbonSystems is a global provider
of sustainability software. Its technology helps companies manage their carbon,
energy, environmental and social responsibility performance and operate more
efficiently by driving cost savings in their use of energy, fuel, gas, water,
waste, and other environmental metrics. The company has clients in corporate
property management, education, electricity and gas, government, food services,
fast moving goods distribution, information technology, managed services,
mining, logistics, and professional services. Its core technology was developed
in 2004 to read electricity smart meters.

CarbonSystems has a customer list
that boasts 25 companies with billion dollar plus revenues and more than 110
clients worldwide. The company has strategic partnerships with AGL Energy,
Colliers International, E.ON, and Fellon McCord. Companies with over 45,000
combined locations around the world are using our Enterprise Sustainability
Platform (ESP) to streamline and automate the capture, management and reporting
of their sustainability metrics. CarbonSystems is a privately owned and funded
Australian company with offices in London, New York and Sydney.

About Verdantix

Verdantix is the fastest-growing, independent,
analyst firm focused energy, environment and sustainability. Through our global
primary research and deep domain expertise we provide our clients with
strategic advice, revenue generating services, best practice frameworks,
industry connections and competitive advantage.

Source: www.globalcarbonsystems.com and www.verdantix.com

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