A fresh analysis of the world’s energy management software vendors has named CarbonSystems a Green Quadrant leader as big business struggles to manage spiralling energy costs and risks to energy security.
Independent analyst firm Verdantix judged Australian company CarbonSystems as one of four global leading software vendors based on an independent, fact-based comparative analysis of companies offering energy management software applications.
Published today, the new Verdantix report combined benchmark data from 15 live product demonstrations, responses to a 115 point questionnaire, and interviews with an independent panel of 15 enterprise customers who have bought or are planning to buy energy management software.
Verdantix reported that the four market leaders — CarbonSystems, CA Technologies, IBM and Verisae – offer strong energy management functionality, proven integration with a wide range of meters and controls, deep expertise in energy domains, an impressive customer base, and meaningful implementation partnerships.
However Verdantix noted that many vendors do not have the product architecture to scale up to a global deployment — just 15 companies were assessed for review from 60 vendor applicants from around the world.
The trend to manage corporate energy has seen the rise of energy management software vendors that assist companies to capture, track and report their energy use. Verdantix analysis reveals that the US market for carbon and energy management software in 2011 will be $207 million and will grow to $558 million by 2014; the global market is expected to reach $742 million in size by 2017, according to Pike Research.
Post-2013 Verdantix believes that a handful of established software suppliers will dominate the enterprise energy management software market with three firms established as clear leaders by 2016.
www.globalcarbonsystems.com
CarbonSystems is a client of ATP Innovations, Australia’s leading business incubator.
