In the wake of rising energy prices, businesses around the country are constantly searching for ways to cut costs and improve efficiencies. In fact, researchers estimate the energy consumption management industry is now a $5.2 billion industry in the US –and it’s growing at an astonishing 40 percent per year. However, the steady introduction of new vendors, each with its own version of “energy management” software, has generated a high level confusion and propelled the need for thoughtful analysis on current offerings.
Fortunately, Groom Energy Solutions provides some needed clarification with its new report, The Enterprise Smart Grid – a Corporate Buyer’s Guide for Energy Management Software. Responses from 65 interviews with corporate energy, facility and sustainability managers and vendors offering Enterprise Smart Grid related technologies identified 11 distinct functional areas and categorized the range of vendor solutions to assist companies as they develop their own energy management strategy.
For example, Groom Energy found that: (more…)