REDWOOD CITY, Calif., Jan. 24, 2019 /PRNewswire/ -- AutoGrid has been recognized as an industry leader in an in-depth analysis of the DERMS market by Navigant Research, a respected market research firm that focuses on trends in global energy transformation. The report, titled "Navigant Research Leaderboard: DERMS Vendors," examines the strategy and execution of 16 vendors offering DERMS for DER and grid management solutions.
"This research report by Navigant is a validation not only of AutoGrid's strategic vision and technology leadership, but also our proven successes with real-world implementations with high-profile customers around the world," said Amit Narayan, CEO of AutoGrid. "No other company has the combination of technical innovation, depth of solutions, partner ecosystem, experience with large-scale implementations, and anticipation of what clients will need next. I am proud of what AutoGrid has achieved to date, and 2019 will be a year when we continue to extend our leadership over other vendors in significant ways."
Navigant's research ranked providers who deliver offerings that include DERMS for DER and grid management, DERMS for integrated customer solutions, DER analytics and VPPs. The Leader designation recognizes AutoGrid's robust capabilities in all of these critical areas for DERMS success. Companies were rated on 12 criteria: vision; go-to-market strategy; partners; product integration strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio and ecosystem; pricing; and staying power.
Narayan added: "This accolade from Navigant is the latest in a series of important milestones for AutoGrid over the past few months. Shell recently made a significant investment in our company as part of its strategy for diversifying into the distributed energy market – a watershed moment for the energy industry. AutoGrid also signed a wide-ranging agreement with CLP for a series of groundbreaking projects across the APAC region that will use distributed energy for transformative smart grid initiatives. Macnica selected AutoGrid to provide the software that enables DER projects on a massive scale in Japan. And we completed a new round of funding that brings in high-profile strategic investors who not only agree with our vision for the market but who are working with our team on significant implementations of AutoGrid solutions around the globe."
AutoGrid's clean sweep of the flexibility management category includes demand response management system, virtual power plant management and distributed energy resources management system. For more information about the AutoGrid solutions that were part of Navigant's research, including AutoGrid Flex™ and AutoGrid Engage™, visit www.auto-grid.com/products/.
AutoGrid builds software applications that enable a smarter distributed energy world. The company's suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver clean, affordable and reliable energy by managing networked distributed energy resources (DERs) in real time and at scale. AutoGrid has more than 5,000 megawatts of DERs under contract with Xcel Energy, National Grid, E.ON, CPS Energy, Total, NextEra Energy and over 35 other leading energy companies around the world. For more information, visit www.auto-grid.com.