EnerNOC Energy Intelligence Software Platform Release Focuses On Speed And Scalability
PHILADELPHIA and BOSTON, March 26, 2014 (GLOBE NEWSWIRE)—EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of Energy Intelligence Software (EIS), announced today at the EnergySMART 2014 Conference the general availability of its latest software platform release, which provides enterprise users improved visibility into the three main drivers of energy cost: how energy is purchased, how energy is used, and when energy is used. EnerNOC's platform enhancements also include a number of new features designed to accelerate implementation, which is critical as EnerNOC plans to bring thousands of new buildings online in the coming year.
"Energy Intelligence Software is becoming a game-changer for a rapidly growing number of companies in nearly every sector and geography that are looking to drive down operating costs and improve overall productivity," said Tim Healy, Chairman and CEO of EnerNOC. "EnerNOC's EIS platform provides an end-to-end solution to help enterprises make more strategic decisions around how they buy and use energy."
Notable features in EnerNOC's release include:
- New APIs to rapidly configure and stream customers' data into the EnerNOC platform, shortening the time it takes for customers to begin realizing savings
- A newly designed Analytics library that makes energy efficiency measures, actionable insights, and energy profiling data easier to access
- A new monthly summary analysis, which pushes key month-over-month trend data to various customer stakeholders
- Automated ENERGY STAR reporting through EnerNOC's Utility Bill Management solution
"The EnerNOC platform helps us understand what's going on at our buildings around the clock, in real time. Armed with that data, we can make the most informed decisions about how to best run our buildings," said Jeffrey B. Carter, Sustainability Committee Chair of Franklin Street Properties. "For us, delivering against our sustainability goals has a direct impact on our net operating income."
In addition to features designed for enterprise users, this release gives electric utilities, grid operators, and competitive energy suppliers the ability to dispatch EnerNOC's demand response network in more dynamic and granular ways, including the ability to use the OpenADR 2.0 standard. With these enhancements, EnerNOC further extends its technology lead and improves the Company's ability to participate in the most technologically-advanced automated demand response (AutoDR) programs in the world.
"This release has new functionality that makes it even easier for our enterprise customers to find actionable savings, while giving our utility, grid operator, and energy supplier partners the tools they need to maximize the value they get from their relationship with EnerNOC," said Micah Remley, Vice President of Product Strategy and Technology at EnerNOC.
To learn more about the new features of the platform, go to enernoc.com/our-technology.
EnerNOC (Nasdaq:ENOC) is a leading provider of Energy Intelligence Software (EIS). Thousands of enterprises worldwide use EnerNOC applications and professional services to bring new clarity to how they buy energy, how much they consume, and when they use it to drive operational efficiency, improve productivity, and manage energy expenses. EnerNOC's suite of EIS applications for the enterprise include: SupplySMART™, energy supply and utility bill management applications; EfficiencySMART™, energy consumption and energy project management applications; and DemandSMART™, demand response and demand management applications. Hundreds of utilities and grid operators worldwide rely on EnerNOC applications to meet demand-side management objectives, enhance grid reliability, and provide cost-effective alternatives to traditional power supply resources. EnerNOC's applications for utilities include EnerNOC Demand Resource™, a capacity-based agreement that provides utilities an assured level of load reduction delivered by EnerNOC on a turnkey, fully outsourced basis, and EnerNOC Demand Manager™, software-as-a-service (SaaS) that provides utilities and retailers with the tools to manage their demand response programs. EnerNOC'sNetwork Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com.
About Franklin Street Properties Corp.
Franklin Street Properties Corp. ("FSP"), based in Wakefield, Massachusetts, is focused on investing in institutional-quality office properties in the U.S. FSP's strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on our top five markets of Atlanta, Dallas, Denver, Houston, and Minneapolis. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. To learn more about FSP please visit its website at www.franklinstreetproperties.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.