28 Jul 2015 04:07:28
Pilio named one of the most exciting energy management companies to watch – July 2015 by Verdantix
Catherine Bottrill, Pilio CEO, commented: “It is great to be recognised by Verdantix as our aim was to bring our cutting-edge buildings’ energy science and innovation to those concerned with energy management in practice. Our approach is to design our software in partnership with our clients to best assist them in successfully embedding energy management across their business so their energy saving goals are easily achieved. Examples include – Whitbread where we provide a monthly energy performance league table of all their hotel and restaurant sites against weather conditions and Lake District Park Authority where staff get monthly feedback on if they are on track to meet their departmental carbon reduction target.”
The report is free to download here http://www.verdantix.com/index.cfm/papers/Products.Details/product_id/810/most-exciting-energy-management-companies-to-watch-in-2015/-
Verdantix is an independent analyst firm, who provide authoritative data, analysis and advice within energy, EH&S and Sustainability to their clients. Through their global primary research and deep domain expertise Verdantix provide clients with strategic advice, best practice frameworks, industry connections and competitive advantage.
The report has been published in response to Verdantix observations in the UK energy services market, which they state has been transformed by a huge wave of consolidation which saw 35 significant deals from 2006 to mid-2014. Verdantix go on to state that the trend towards technology-enabled services, increasing interest in energy management solutions from utilities, and a new focus on opening up the small and medium enterprise (SME) market for energy management is fostering a new wave of innovation and market entrants. This pattern was reported in Verdantix’s Hot Trends for Energy Management In 2015 report.
Featuring within the report, the analysis has recognized Pilio within a handful of firms that provides pioneering services and technologies to open up the small and medium business market for energy management, developing more advanced energy data analytics, or applying integrated thinking to build the next wave of energy solutions.
Pilio designs energy analytic software, agile energy data collection and tailored energy saving programmes for businesses to use energy intelligently. The advanced system enables businesses to see patterns and trends in energy use so opportunities for energy saving can be identified, which it does using degree day data to ‘weather-correct’ consumption and other benchmarking techniques. Energy is measured on an ongoing basis to provide a baseline for benchmarking and also provides a ‘before’ picture for evaluating the success of energy saving interventions. The software allows businesses to set energy saving targets and keep on track of them with monthly reports.
The weather analysis within the software in particular is highlighted with the Verdantix report, summarizing that, ‘As weather can have a big impact on energy consumption in buildings – it must be taken into account when comparing the energy performance of a portfolio of similar facilities.
Weather-normalized energy consumption data are particularly useful for energy managers looking to benchmark energy performance across a wide portfolio of sites, assess the effectiveness of energy efficiency interventions and track the progress of energy reduction goals. The practice of weather normalization with degree day data is now starting to catch on in mainstream enterprise energy management software.’
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