20 Most Promising Energy Solution Providers - 2017

Digital technologies are evolving, and customers are swift to adopt them. Both business and consumer energy users are clear about their expectations- they want to reduce their consumption, and they know that technological controls and data analytics can help them do it. This is evident as business customers are increasingly interested in managing their energy use patterns. Manufacturers and industrial firms are monitoring heating and cooling equipment performance with intelligent sensors that can indicate malfunctions, anticipate and prevent disturbances, or signal when major maintenance is needed. Owners of commercial buildings are installing energy monitors to help gauge variations in consumption and predict future fuel requirements. Many well-known companies have announced energy efficiency targets for 2020, including Procter & Gamble (powering its plants with 100 percent renewable energy), Walmart (reducing building energy intensity by 20 percent from 2010 levels), and McDonald’s (increasing energy efficiency by 20 percent in company-owned restaurants). Not to exclude the residential sector, new energy-related technologies are also beginning to trickle down that market. The rapid proliferation of smart-home devices has drastically changed consumers' attitudes towards energy conservation more quickly than expected.

Because of the changes in customer demand, being a leading innovator in India is a much more compelling strategy than it used to be in the power and utilities sector. Over the course of time, a broader array of new technologies — analytics software and intelligent substations — are finding their way onto the ‘retailized’ power grid as utility offerings. New home and office electric power installations are coming to be known as “gateway hubs,” because they provide not just energy, but security, telecommunications links, and infotainment. These changes are happening, in part, because a group of Indian manufacturers, startups, non-traditional entrants, and venture capital funds are working to bring the technology revolution to the energy sector.

But where are they? CIOReview India answers this question and presents a list of “20 Most Promising Energy Solution Providers”. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXO, analysts and CIOReview editorial board, we believe these solution vendors can help your organization reshape the energy landscape, favoring utilities that grow beyond their traditional business model and build a market-based technology and related services portfolio.

We present to you CIOTechOutlook 20 Most Promising Energy Solution Providers - 2017.