GridPoint Named Among Top Global Vendors for Energy Management Software by Independent Analyst Firm

Firm Recognizes GridPoint's Cloud-Based Energy Analytics Domain Expertise for Retail Market

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Jan 22, 2013, 11:09 ET

ARLINGTON, Va., Jan. 22, 2013 /PRNewswire/ -- GridPoint, Inc., a recognized leader in smart energy solutions that help customers maximize energy and operational savings, today announced that its energy management data analytics platform, GridPoint Energy Manager, has been named among the top 14 energy management software applications globally in the Green Quadrant Energy Management Software by Verdantix, an independent analyst firm. More than 100 energy management software platforms were reviewed before the firm made its final selection for the report, which provides a detailed comparison of applications to help corporate buyers save time, reduce costs and mitigate risks when selecting products and suppliers.

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In the report, Verdantix recognized GridPoint's domain expertise in delivering data energy analytics tools to commercial and retail customers, specifically grocery and general merchandiser retailers. GridPoint scored best-in-class in the categories of commercial and retail building energy data capture; primary energy and on-site generation data capture; energy asset management; on-site energy generation project planning; and demand response.

"GridPoint is among the top 14 global vendors for enterprise energy management software and is gaining market momentum within the retail and restaurant sector working with some of the world's leading retail brands," said Verdantix Analyst Alisdair Mc Dougall. "Retail and restaurant firms with multi-site operations looking to invest in energy management software should consider GridPoint, based on the vendor's domain knowledge and ability to provide customers granular energy data through robust data capture and analysis. GridPoint offers their customers greater visibility and control of their energy consumption through the provision of hardware, software and services."

GridPoint's energy management solution is founded on a data analytics platform that enables customers in key market sectors with complex energy environments to focus on operational issues with the goal of achieving lasting energy savings. The near real-time granular data derived from the company's leading-edge submetering and control solutions allow facility and energy management teams to uncover previously hidden saving opportunities and achieve greater visibility into site operations and use of energy resources.

"We are honored to be recognized for our cloud-based platform, GridPoint Energy Manager, and the best-in-class data analytics capabilities it provides to our customers. GridPoint has gained significant market momentum with Fortune 500 retailers, grocers and restaurants due to our unique and disruptive approach based on data-driven analytics, submetering and control," said GridPoint CEO John Spirtos. "Our solution allows customers to uncover previously hidden savings opportunities and consistently achieve double-digit percentage energy and operational savings. We are aggressively and rapidly expanding our capabilities so we can continue to deliver the most comprehensive energy management platform on the market today."

To date, GridPoint's customer base includes 4 of the top 10 retailers, 3 of the top 10 restaurant companies and 8 of the top 30 restaurant chains. GridPoint solutions manage more than 11,000 sites and 450,000 endpoints across the United States, Canada and Europe.

About GridPoint
GridPoint is an established leader in smart energy solutions, providing Fortune 1000 enterprises, government agencies and utilities with the tools to implement and maintain sustainable energy management practices that improve operational efficiency and maximize energy savings. Founded in 2003, GridPoint is headquartered in Arlington, Virginia, with offices in Austin, Texas, Roanoke, Virginia, Seattle, Washington, and Ottawa, Ontario. For more information, visit the company's website at www.gridpoint.com, on LinkedIn at www.linkedin.com/company/gridpoint-inc./ or follow GridPoint on Twitter at www.twitter.com/@gridpointinc.

Media Contact: Kelley Hughes, [email protected], 713-269-4043

SOURCE GridPoint