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New Entrant kWIQly Aims To Curtail Multi-Site SMEs’ Gas Use

Date: 23 September 2015

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3 pages

EXECUTIVE SUMMARY

The past four years have seen an increasing number of energy management firms, software firms and utilities explore opportunities to deliver energy management solutions to small and medium enterprises (SMEs) — firms defined by the EU as an enterprise with fewer than 250 employees and $70 million or less in annul revenue. The EU estimates that SMEs account for 99% of European businesses. These firms generally have a small to medium energy spend — from $60,000 to $850,000 per year. Verdantix recently spoke with energy management software firm kWIQly’s CEO James Fergusson and Marketing Director George Catto, to hear how the firm plans to service the European SME market. Verdantix finds that kWIQly’s use of virtual audits and predictive maintenance diagnostics positions its solution for the multi-site SME market; however, kWIQly will need a diverse range of partnerships to crack open the market.

TABLE OF CONTENTS

New Entrant kWIQly Aims To Curtail Multi-Site SMEs’ Gas Use
kWIQly Provides Gas Consumption Analytics To Portfolios Of Multi-Site SMEs
kWIQly’s Data-Driven Services Fills A Facilities Management Gap For Multi-Site SMEs
Diverse Industry Partnerships Will Be The Key To kWIQly’s Growth Prospects

COMPANIES MENTIONED

Carillion, Dalkia, Elster, Energy Assets, E.ON, eSight Energy, FirstFuel, Gridium, kWIQly, National Grid, Retroficiency, UK Department of Energy and Climate Change, WSP