New Report Cites EnerNOC's Software Industry Leadership
Company Highlighted for Greatest Market Momentum, Brand Partnerships, and Comprehensive Solution
BOSTON, Nov. 9, 2015 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that independent global research firm Verdantix has named EnerNOC a top provider in its ‘Green Quadrant Building Energy Management Software 2015' report. Verdantix singled out EnerNOC's EIS for having the greatest market momentum of the 27 solutions evaluated in the report, citing strengths in data analytics, utility bill management, and procurement, as well as the Company's strategic partnerships.
"A desire to transform how enterprises manage energy, achieve cost savings, and comply with energy and carbon regulations continues to drive demand for energy management software," said Derrek Clarke, Verdantix Industry Analyst. "EnerNOC has the highest level of market momentum because of successful execution of its energy intelligence strategy."
The Verdantix report also shortlisted EnerNOC's EIS for enterprises seeking an integrated energy decision support system with robust global services offerings, and also noted its demand response leadership.
"EnerNOC's enterprise energy intelligence software is designed to be a comprehensive solution that alleviates customers' most pressing pain points, from a need to gain a centralized view of what's happening at the corporate level, to understanding real- time energy costs with a high degree of accuracy, to facilitating easy reporting, budget tracking, and forecasting," said Micah Remley, Senior Vice President of Product at EnerNOC. "This Verdantix report validates that our solutions are differentiated in the market and are providing unique value to commercial and industrial customers."
To learn more about EnerNOC's solutions for enterprises, visit: http://www.enernoc.com/solutions/enterprise-solutions.
EnerNOC is a leading provider of cloud-based energy intelligence software (EIS) and services to thousands of enterprise customers and utilities globally. EnerNOC's EIS solutions for enterprise customers improve energy productivity by optimizing how they buy, how much they use, and when they use energy. EIS for enterprise includes budgeting and procurement, utility bill management, facility optimization, visibility and reporting, project tracking, demand management, and demand response. EnerNOC's EIS solutions for utilities help maximize customer engagement and the value of demand-side resources, including demand response and energy efficiency. EnerNOC supports customer success with its world-class professional services team and a Network Operations Center (NOC) staffed 24x7x365. For more information, visit www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company's energy intelligence software, and the benefits that customers may derive from technology updates or enhancements to that software, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, the Company's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.