BOSTON, June 4, 2014 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that it has received a 2014 Smart Grid Product of the Year award from Smart-Grid.TMCnet.com. EnerNOC's software was recognized as an example of outstanding innovation in smart grid technology.
"Enterprises use software to deliver visibility and support decision making for every major operational cost center, but to date, managing energy has largely been ignored or relegated to spreadsheets. We've proven that energy intelligence software is a game changer for enterprise energy management. It delivers a clear bottom-line impact by applying the power of information technology to energy," said Gregg Dixon, SVP of Marketing and Sales at EnerNOC. "EnerNOC's software gives customers a cloud-based platform to capture and analyze real-time energy and energy-related data to buy energy better, reduce waste, and optimize when energy is used. We're honored to that our application received this recognition."
EnerNOC has invested almost $200 million in its technology platform to date and its software is now deployed at tens of thousands of enterprise sites globally. EnerNOC's platform streams real-time energy data into customers' EIS applications so they can view and analyze their real-time energy consumption, prioritize activities and investments, take action toward meeting objectives, and report on progress toward goals.
"The solutions that have been selected for the 2014 Smart Grid Product of the Year Award reflect the diverse range of innovation driving this market. Congratulations to EnerNOC which exemplified the best of smart grid technologies in the past year," said Carl Ford, CEO and Community Developer, Crossfire Media.
"It is my pleasure to recognize EnerNOC with a Smart Grid Product of the Year Award for its contribution to the advancement of smart grid technologies," said Rich Tehrani, CEO, TMC. "I look forward to seeing more innovation from EnerNOC in the coming year."
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's Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com.
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