According to a new report by Forbes Insights, in association with EnerNOC, “No More Wasted Energy: The Power of Energy Intelligence Software,” a paradigm shift is under way in energy management. Until recently, energy was treated as a fixed cost, a bill to be paid each month. But the application of energy intelligence software (EIS) is enabling companies to model energy-usage scenarios and produce optimal solutions.
Sodexo, for instance, manages $160 million in annual utility spend, representing almost 3,000 utility accounts, for education, healthcare and corporate clients across North America using its own utility expense management product. Sodexo can input the bills into software, look at trends and abnormalities and determine correct rate structures, says the Forbes report.
Using proprietary software that links to many existing building automation systems, Sodexo remotely monitors more than 8,000 buildings and the equipment therein. With its analytics, Sodexo can determine behavioral and operational practices that are inefficient, and quantify them such that clients know what’s going on and the cost impact to how they’re running a facility.