Software and energy monitoring solutions have emerged to derive insights from consumer energy data
A new Leaderboard Report from examines the strategy and execution of 14 home energy management (HEM) software companies, with Oracle and Tendril ranked as the leading companies.
Rapid growth in smart home technology has bolstered the digitization of homes and the market for the smart devices within them. With this trend, a competitive list of energy management software platform providers looking to dominate the HEM space to gather insights from the data these devices deliver. : According to a new Leaderboard report from , Oracle and Tendril are the leading HEM software providers.
“Leaders in this market have shown their strengths with refined products that move beyond the pilot stage to full deployments with larger customers,” says Paige Leuschner, Research Analyst with Navigant. “We believe Oracle and Tendril are doing this with a broad portfolio of HEM applications that deliver impactful reductions in the overall energy usage of end customers.”
According to Navigant Research, four of the companies ranked in this Leaderboard Report are smaller startups offering energy monitoring services at a smaller scale. They are working to secure additional customers to become more significant in the HEM and related markets.
This report, , examines the strategy and execution of 14 companies that offer software-based HEM solutions. These players are rated on 10 criteria: vision; go-to-market strategy; partners; technology; geographic reach; sales & marketing; product performance; product portfolio & integrations; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global HEM market.
Contact: Stefanie Bradtner
* The information contained in this press release concerning the report, Navigant Research Leaderboard: Home Energy Management is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
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