LONDON, Jan. 19, 2016 /PRNewswire/ -- Emerging Participants and New Entrants in the Energy Management Market 2015: Rapid Emergence of Both Established Companies and Startups All Backed by Respective Domain Expertise
The convergence of technology, competition, and business models is leading to significant changes across the energy management industry landscape. New participants and startups, as well as established large companies, are increasingly turning their attention to smart building solutions, driven by a growing focus on the performance of buildings newly enabled by technology advancements such as Big Data and the Internet of Things (IoT). In this study, Frost & Sullivan identifies and profiles 12 new and emerging participants that are transforming the energy management industry.
Low-cost IoT enabled BAS and BEMS are the path towards sustainability for multi-site enterprise buildings. Intel and HCL Tech are key emerging participants in this space.
Analytics driven by energy data hosted on cloud to make real-time informed decisions is a given in the EM market. SkyFoundry, Lucid, Energent, Envizi, and Building IQ are emerging companies in this domain.
Energy services business models for proactive and predictive maintenance have become a new trend in EM markets. Enphase and Energent are two emerging participants.
Hardware monitoring, measuring, and connecting devices form the most dynamic sectors in the residential sector. Smappee, Ecowatt, Cozify, and Ecobee are fast-emerging companies in this segment.
Strategic pricing, pay-back-realising business models, and infrastructure-friendly solutions are the prime factors to win in the EM market.
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