Navigant Research Names Tendril a Leader in the Home Energy Management Market

With its comprehensive product portfolio, Tendril is positioned to command significant share of the projected $9 billion HEM market

BOULDER, Colo.--()--Tendril is one of two companies named as a leader in Navigant Research’s Home Energy Management (HEM) Leaderboard. Of the 14 that were considered, the leaders stood out from the competition because of their ability to scale to meet the needs of clients, as well as deliver impactful reductions to the energy consumption of end customers.

According to Paige Leuschner, Navigant Research, “Tendril is recognized based on the comprehensiveness of its product portfolio, with applications achieving energy savings for consumers, as well as its innovative and technologically advanced platform, and vision for the future of HEM.”

Tendril achieved the highest marks given for vision, technology and product performance, a testament to the significant enhancements the company has made to its Behavioral Energy Efficiency (BEE), Consumer Engagement and Demand Management solutions. Tendril’s solutions—including Orchestrated Energy—play an integral role in helping utilities deliver energy efficiency savings, improve customer satisfaction, shift peak demand, uncover new revenue sources and glean value from the emergence of connected homes.

“This is an incredibly exciting day for everyone at Tendril,” said CEO Adrian Tuck. “Navigant is a highly respected research firm with a deep understanding of the HEM market. Recognizing us as a leader validates our strategy and dedication to helping utilities navigate the changing nature of the energy industry. With 14 years in the energy management space, we’ve exhibited the type of innovation and perseverance needed to succeed and we look forward to building on this foundation.”

This Navigant Research Leaderboard Report examines the strategy and execution of 14 companies that offer HEM software solutions and rates them on 10 criteria. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked to provide an objective assessment of each company’s relative strengths and weaknesses in the global HEM market.

To request a full copy of the report, please visit the Tendril website.

About Tendril

Tendril is transforming the residential energy market. Our data analytics on more than 123 million homes creates new business opportunities for any product or service provider connected to the home. Today, this includes electric and gas utilities, energy retailers and real estate professionals. Built over more than a decade, the Tendril Platform delivers real-time, ever-evolving data about the home and how people use energy in it. These rich insights help our customers improve customer acquisition, increase engagement and orchestrate home energy experiences. For more information, please visit www.tendrilinc.com and follow us on Twitter at @Tendril.

Contacts

Tendril
Elaine Reddy, 720-252-8105
Director of Communications
ereddy@tendrilinc.com

Release Summary

Tendril is named as a leader in Navigant Research’s Home Energy Management (HEM) Leaderboard.

Contacts

Tendril
Elaine Reddy, 720-252-8105
Director of Communications
ereddy@tendrilinc.com