BOSTON, MA — (Marketwire) — 10/06/11 — (NASDAQ: ENOC), a leading provider of energy management applications and services for the smart grid, today announced that it has been named a Leader in Worldwide Smart Building Energy Analytics by IDC Energy Insights, a premier global provider of market intelligence, advisory services, and events for the information technology market. EnerNOC was recognized in the IDC MarketScape report for its suite of energy efficiency applications and services, which draws upon real-time data and customers- actual energy use patterns to deliver energy savings through a variety of solutions (, Document # EI230178).
“Energy has transformed from a fixed to variable cost of facility management, and as a result, Smart Building Energy Analytics are increasingly valuable investments,” said Casey Talon, research analyst, IDC Energy Insights. “EnerNOC is ranked as a Leader in this IDC MarketScape, and the services aspect of the EnerNOC solution is the key differentiator of the solution.”
EfficiencySMART has claimed a unique place in the market by combining cutting-edge technology with on-demand access to energy expertise. This combined solution enables EnerNOC customers to tap into a continuous stream of building interval data to benchmark their current energy management efforts, identify new opportunities for savings, prioritize energy projects, and ensure that savings persist over time. EnerNOC-s commissioning services team and energy analyst staff assist customers in identifying and implementing efficiency measures, while powerful online tools, reports, and monitoring technology inform these decisions and verify the results.
“In a difficult economic climate, businesses can-t afford inefficiencies,” said Tim Healy, chairman and CEO of EnerNOC. “To identify energy savings, EfficiencySMART provides our customers additional support in two distinct ways: through data-driven software-as-a-service and through analyst team support. Our customers appreciate this balance of software and expert services and the persistent savings EfficiencySMART delivers over time.”
EnerNOC recently showcased the EfficiencySMART suite at its , which was attended by IDC Energy Insights and other industry analysts.
“The conversations and presentations at EnergySMART highlighted the growing interest and momentum in the intelligent energy management marketplace,” said Talon. “I walked away from EnergySMART with an even greater appreciation for the value of energy efficiency and Smart Building solutions for improving the bottom line while supporting sustainability initiatives.”
For more information or an EfficiencySMART demonstration, please visit .
The IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor-s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions. We accomplish this by delivering world-class energy management applications including DemandSMART, comprehensive demand response; EfficiencySMART, data-driven energy efficiency; SupplySMART, energy price and risk management; and CarbonSMART, enterprise carbon management. Our Network Operations Center (NOC) continuously supports these applications across thousands of C&I customer sites throughout the world. Working with more than 100 utilities and grid operators globally, we deliver energy, ancillary services, and carbon mitigation resources that provide cost-effective alternatives to investments in traditional power generation, transmission, and distribution. For more information, visit .
Statements in this press release regarding management-s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of EnerNOC and the Company-s suite of energy efficiency applications and services, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section “Risk Factors” in EnerNOC-s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, EnerNOC-s actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Media Relations:
Sarah McAuley
(617) 532.8195
Investor Relations:
Will Lyons
(617) 532.8104
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