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Smart Innovators: Industrial Energy Management Software

Date: 03 December 2014

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20 pages, 10 figures

Executive Summary

This report provides Energy Directors, Finance Directors and Heads of Operations with an independent analysis of industrial energy management software. Verdantix selected the industrial energy management software market for a smart innovators report because our research has shown that individuals responsible for corporate energy management within industrial firms lack the necessary tools to achieve their energy-related business objectives. Energy Directors, Facilities Directors, Finance Directors and VPs of Sustainability struggle to budget for increasing energy prices, manage increased risk from energy market volatility, keep pace with a rapidly evolving regulatory landscape and respond to shareholder pressure on sustainability. This report describes the major energy management issues industrial firms face today and aids executives in identifying the appropriate applications that will help them overcome these challenges.

TABLE OF CONTENTS

SMART INNOVATORS: INDUSTRIAL ENERGY MANAGEMENT SOFTWARE
Industrial Firms Face Major Energy Management Challenges

INTRODUCING INDUSTRIAL ENERGY MANAGEMENT SOFTWARE
Three Supplier Types Help Firms Tackle Energy Management Challenges
Technology Innovation Drives Development Of Supplier Solutions
Software Helps Firms Overcome Energy Management Challenges

HOW TO SELECT AN INDUSTRIAL ENERGY MANAGEMENT SOFTWARE SUPPLIER
Five Factors Firms Must Consider When Assessing Solutions
Five Factors Firms Must Consider When Assessing Suppliers

TABLE OF FIGURES

Figure 1. Industrial Electricity Prices 2005 - 2013
Figure 2.
Industrial Gas Prices 2005 - 2013
Figure 3. Industrial Firms’ Expected Change In Spend On Energy
Figure 4. Two Approaches To Industrial Energy Management
Figure 5. Three Phases Of Industrial Firms’ Energy Management Development
Figure 6. Priority Energy Process Improvements For Industrial Firms
Figure 7. Industrial Energy Management Software Data Flow
Figure 8. Number Of ISO 50001 Certified Sites (Global)
Figure 9. Effective RFPs Include User Groups, Usage Scenarios And Desired Functionality
Figure 10. Suppliers Should Deliver Ongoing Support Services

ORGANIZATIONS MENTIONEDORGANIZATIONS MENTIONED

ABB, Aspen Technologies, Cascade Energy, CDP, DuPont, EFT Energy, Gardena Manufacturing, General Electric, Honeywell, IBM, ICONICS, Infor, International Energy Agency, Lightapp, Lineage Logistics, M&C Energy, Microsoft, Mohawk Fine Papers, Oracle, OSIsoft, Rockwell Automation, SAP, Schneider Electric, Shell, Siemens, Steelcase, Summit Energy, Tyson Foods, UK Department Of Energy And Climate Change, US Energy Information Administration, US Environmental Protection Agency