RESTON, Va.--(BUSINESS WIRE)--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.”
View the full Frost & Sullivan report here
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About GridPoint
GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics, and cloud computing to maximize energy savings, operational efficiency, capital utilization, and sustainability benefits. GridPoint’s integrated energy management portfolio of asset-level submetering and monitoring, intelligent control, energy management software, and professional services can generate energy savings up to 30% and an 18-36 month payback.
GridPoint solutions are deployed at over 11,000 sites with over 100 billion customer data points collected to date, and 75 million added daily. Customers include 5 of the top 10 retailers by total sales, 3 of the top 10 casual dining restaurants, 4 of the top 20 quick serve restaurants, leading commercial and industrial enterprises and major government and educational institutions. To learn more, visit GridPoint.com, and keep up with the latest GridPoint news via LinkedIn linkedin.com/company/gridpoint and Twitter @GridPoint.
