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CA Technologies, IBM, Schneider Electric Among EMS Leaders, Verdantix Says

Jessica Lyons Hardcastle

 

CA Technologies, CarbonSystems, IBM, Schneider Electric and Verisae lead the global market for energy management software, according to a new Verdantix study.

Green Quadrant Energy Management Software (Global) 2013 compares 14 enterprise-class energy management software applications to help corporate buyers save time, reduce cost and mitigate risk in supplier selection. The analysis is based on live product demonstrations, an assessment of suppliers on 134 criteria and interviews with an independent panel of 15 customers representing firms in 13 industries.

New corporate energy strategies from large firms such as AT&T, Google and Ikea have increased demand for enterprise-wide energy data aggregation, powerful reporting and analysis tools, says Janet Lin, Verdantix senior manager and co-head of Energy Practice.

According to study, CA Technologies, CarbonSystems, IBM, Schneider Electric and Verisae have established themselves as the market-leading providers because of the breadth of their energy management functionality, proven integration with a wide range of meters and controls, utility bill management, deep energy and industry domain credentials, established enterprise-scale customer bases and partnerships with systems integrators and consultants.

A separate Verdantix global survey of 250 energy managers found that Microsoft, Oracle, IBM and Johnson Controls have the highest brand recognition for their energy software despite Microsoft and Oracle not having energy management applications.

The customer panel said cost savings (67 percent), energy targets (40 percent) and financial data tracking (33 percent) were the top three business drivers for purchasing energy management software (see Figure 2). They ranked specialist software firms and energy services firms as their top two types of preferred supplier, relegating large technology firms to the least favored choice (see Figure 7).

Additionally, the global energy management software market is poised for growth in 2013, says Alisdair McDougall, Verdantix Analyst and author of the report. Two-thirds of the customer panel expect their annual spend on energy management software to increase during the next three years (see Figure 4). Successful software suppliers will develop functionality that maps to the specific requirements of energy domains, a strategy pursued by JouleX for data centers, SAP in manufacturing, Siemens for retail chains, IHS for asset intensive sectors and Verisae in grocery retail, McDougall says.

Verdantix will host a webinar titled Finding the Right Energy Management Software Match on Jan. 17.

A Verdantix report published in September 2012 said by 2014, 55 percent of energy decision-makers at large firms operating in emerging economies believe there will be significant to transformative changes in the way their firm manages energy.

 



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