C3 Energy Featured as Top Vendor in Global Energy Management System Market Report
C3 Energy Featured as Top Vendor in Global Energy Management System Market Report Jul 2015
REDWOOD CITY, Calif.--(BUSINESS WIRE)--C3 Energy was named as a leading vendor in Technavio’s recent report on the global energy management systems market. C3 Energy’s wide range of product offerings are described as a key strength important for this market, which the report forecasts will grow to $37.6 billion by 2019.
“C3 Energy connects the power of Big Data, smart grid analytics, social networking, machine learning, and cloud computing to improve the safety, reliability, and efficiency of power delivery. The company offers a range of EMS software products, namely, residential, commercial and enterprise software and analytics, customer experience software, customer segmentation and targeting software, EM&V, and customer channel analytics under the brand C3 Energy. These software products provide data aggregation, real-time analytics, and an intuitive and responsive user experience,” according to the report.
Technavio defines an energy management system (EMS) as one that uses computer-aided tools to monitor, control, and optimize electrical loads. The EMS allows consumers to monitor and reduce the energy consumption of electrical and electronic devices and conserve energy. End-users obtain a holistic view of the energy performance compiled by a wide array of sensing and control devices, data feeds, and analytics.
The report analyzes the solutions and products offered by market vendors, including C3 Energy, and presents a comprehensive breakdown in terms of market segmentation for applications, including home energy management system, building energy management system, demand response, and industrial energy management system. It forecasts that the global EMS market will grow at a CAGR of 16.5 percent from 2014-2019.
To download a report synopsis, including C3 Energy’s profile, visit www.c3energy.com/news.
About C3 Energy
C3 Energy enables energy companies to realize the full benefit of their IoT and system investments. C3 Energy applies the power of big data, advanced analytics, social networking, machine learning, and cloud computing to improve the safety, reliability, and efficiency of power generation and delivery. It is transforming the energy value chain with a family of tested and proven SaaS applications built upon C3 CyberPhysix™, its comprehensive design, development, provisioning, and operating platform for deploying industrial-scale cyber physical applications for the energy industry. C3 Energy delivers end-to-end solutions across the power and oil and gas value chains. We make the Internet of Energy a reality. Learn more at www.C3energy.com.
Jessica Reiter, 650-503-2200
Corporate Public Relations