OAKLAND, Calif.--(BUSINESS WIRE)--Whisker Labs, which is bringing advanced home intelligence technologies to market, today announced that it has been ranked #2 in the Navigant Research Leaderboard: Residential Demand Response report. The ranking reflects Whisker Labs’ rapid organic growth and success over the past year, as the market embraced its residential demand response technology, performance and implementation capabilities.
Most utilities have deployed or are evaluating demand response and energy efficiency programs in order to reduce peak loads. To manage the impact of a rapidly evolving global climate, utilities must extend beyond basic on/off demand response and move toward “intelligent demand response” that improves the efficiency and results of these programs. Key to intelligent response is leveraging the power of big data analytics and thermodynamic modeling to forecast demand and reduce load while keeping homeowners comfortable.
Whisker Labs’ Connected Savings℠ solution offers utilities a comprehensive demand response management service (DRMS) with tailored DR control strategies and load forecasting. The scalable solution can be quickly deployed to fit utility and retail electric provider (REP) needs. Better data is key to better DR, and Whisker Labs’ proprietary weather data has been proven to provide a winning advantage in more precisely modeling the amount of energy needed to cool or heat a home. Going forward, the company will be able to integrate and utilize data from its contactless energy sensor to further advance its intelligent demand response algorithms.
Whisker Labs also offers intelligent energy efficiency and meaningful customer engagement services that can be combined with the DRMS for additional customer value.
“To be recognized by Navigant Research for the growth and success we have achieved in such a short period of time is a testament to Whisker Labs’ ability to be innovative and nimble in meeting our customer’s needs. For example, we recently migrated a large utility with more than 22,000 thermostats in a DR program in just one week,” said Amena Ali, chief revenue officer, Whisker Labs. “As a result, we’ve seen an increase in program wins the past year.”
The Navigant Research Leaderboard: Residential Demand Response report evaluates the strategy and execution of 15 vendors active in the global market for RDR. These players are rated on 10 criteria: go-to-market strategy; partners; technology; geographic reach; sales, marketing, distribution; product performance; product portfolio; pricing; and staying power.
Brett Feldman, principal research analyst at Navigant Research, adds: “Whisker Labs ranked as the top challenger in our Leaderboard by scoring high numbers for its vision, technology, product performance, partners and go-to-market strategy for its residential demand response solution. The company’s focused approach in the energy monitoring and management space is evident, and may position the Whisker Labs well for future growth and success.”
To learn more about the Navigant Research Leaderboard: Residential Demand Response report, visit this link.
About Whisker Labs
Whisker Labs develops advanced home intelligence technologies. Our sensing and software platform taps the electrical network of the home to connect all appliances, even the unconnected ones such as HVACs and water heaters. We monitor home and appliance efficiency in real-time, alerting homeowners to energy waste and impending appliance failure for critical appliances, saving homeowners money and affording them peace of mind. Additional platform services include energy optimization of connected thermostats and devices. Customers include home platform, home services and energy providers. Visit www.whiskerlabs.com for more information.