RESTON, Va. — GridPoint announced that it has been named the winner of Frost & Sullivan’s 2016 Customer Value Leadership Award for building energy management solutions. This award is given to a company that consistently deepens customer relationships by offering superior products and services that deliver a clear, demonstrable return on investment (ROI).
GridPoint’s energy management system (EMS) solution includes granular submetering and monitoring, intelligent control, cloud-based software, and professional services that generate energy, operational, and maintenance savings of up to 30 percent, according to the company. Customers lower their utility bills by collecting and analyzing site data to intelligently control critical building systems without sacrificing customer comfort. GridPoint’s extensive dataset and decision support tools enable customers to diagnose malfunctioning equipment, prioritize asset maintenance, and assess the financial benefits of energy efficiency projects.
For this award, Frost & Sullivan analysts independently evaluated two key factors across the nominees: customer impact and business impact. These evaluations are then put into a Decision Support Scorecard, which benchmarks the criteria and identifies positions on a 10-point scale. GridPoint received the highest rating of 9 out of 10.
The report cites GridPoint as “[having] a tremendous focus on product development, innovation, technology, and operational efficiencies. These key factors have led to its success as the global leader in providing customer value. The company’s commitment to its customers is highly commendable, where it brings value addition not just from a product perspective, but from a holistic perspective. The company’s recent acquisition by TFC Utilities is set to further elevate its position in the global energy management arena.”
“We are honored to be recognized as an EMS industry leader for delivering exceptional value to customers,” said Mark Danzenbaker, president at GridPoint. “Educating our customers on their energy usage and the health of their facilities through data creates a user experience that encourages the adoption of best practices as they move towards accomplishing their energy and sustainability goals.”
View the full Frost & Sullivan report here.
For more information about GridPoint, visit www.gridpoint.com.
Publication date: 7/6/2016