Under the partnership, Correlate will provide its customers with GridPoint’s Energy Management Solutions (EMS).
In a joint statement, Correlate said the development will help its customers, including businesses in the retail, banking, manufacturing and real-estate sectors, to support data-driven assessments and strategic energy programs.
GridPoint said its solution will allow Correlate customers enhanced real-time data collection, big data analytics and cloud computing to maximise operational efficiency, capital utilisation and energy savings
Correlate’s COO, Maxwell Dworkin, said the partnership is “…focused on helping both large and small businesses as they are an important and under-supported market.”
GridPoint confirmed that its EMS is integrated with an asset-level sub metering and monitoring control software that has the ability to generate businesses 10-25% energy savings with less than a two-year payback.
[quote]Mark Danzenbaker, president at GridPoint, said: “With similar market focuses we can leverage their expertise to not only connect with the right customers, but to simplify energy management and improve customer experience for them as well.”
To date GridPoint’s EMS has been deployed at over 10,000 sites with more than 100 billion customer data points.
Energy management solutions development
In other energy management partnerships, in mid January, UK telecoms company O2 partnered with US firm AT&T to launch a service that will assist customers to manage their home’s energy system using a mobile application.
The partnership was one of many announced at this year’s global consumer electronics and consumer technology tradeshow CES 2016 in Las Vegas.
AT&T’s Digital Life platform will be made available to O2’s 25 million customers, which will allow homeowners to monitor and adjust heating temperatures, electricity consumption and water use when they away.
O2 will be the first commercial provider of the Digital Life home management and automation platform in Europe, and marks its entry into the domestic energy management market, according to Edie.net.
David Plumb, digital director at O2, commented: “Across a range of sectors, we’ve already seen technology evolve from analogue to digital to smart. But when it comes to our homes, the experience is mostly stuck in analogue.”
German technology company Tado has developed a smart control for energy efficiency in the platform, which adjusts energy consumption levels according to occupancy in the home.
Christian Deilmann, founder of Tado, said: “There are perfect synergies between the collaborators on this project.
“At Tado, we focus purely on climate control. We deliver products and intelligent algorithms for the highest possible comfort and efficiency at home.
“Together with O2 and AT&T, customers can experience a truly comprehensive smart home.”