Led by Todd M. Raba, President and CEO, GridPoint’s innovative energy management solutions solve these problems by collecting and aggregating real-time energy, environmental, equipment and facility data, leveraging big data analytics, Software-as-a-Service (SaaS), low cost computing and wireless technologies, to enable integrated and automated energy management. As an Internet of Things example, Grid- Point’s Energy Management System(EMS) attaches submeters and monitors to energy-consuming and producing assets and captures real-time, granular energy data from HVAC, lighting, refrigeration, data centers and renewables as well as data about environmental conditions and equipment performance. This data is then sent to GridPoint’s cloud-based software platform, which applies big data analytics to provide dashboards and alarms, real-time equipment and site diagnostics, reports and forecasts, project financial tracking and comparison, and information for demand response management and bill validation and comparisons.
The company’s differentiating strength lies in the ability to gather and analyze real-time data across a fleet of sites or buildings, regardless of geographic distance, and use this information to dynamically adjust energy consumption and environments in real-time. The cloud-based, centralized database allows energy usage problems to be identified, diagnosed and solved—from temperature set points to individual energy assets.
Recognition and an Impressive Clientele
GridPoint’s energy management solutions are deployed at 12,000 sites with over 64 billion data points collected to date and 100 million added daily, which is why six of the top 10 retailers by total sales, four of the top 10 casual dining restaurants, seven of the top ten quick serve restaurants as well as other leaders from commercial and industrial sectors and major government and educational institutions. GridPoint receives consistent recognition from industry analysts for its unique energy management solutions and was recently awarded Frost & Sullivan’s 2013 Customer Value Leadership Award for Building Energy Management Solutions and was named as a Top 10 Enterprise Smart Grid Leader by Groom Energy, poising the company for further growth and continued leadership in the energy management industry.