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CA, CarbonSystems, Enablon, among Top Ten Leaders in Carbon/Energy SW Market

CA Technologies, CarbonSystems, Enablon, Enviance, Hara, IHS, ProcessMAP, SAP, TRIRIGA and Verisae are ranked as the top ten leaders in the carbon and energy software market, and the most likely to benefit from increased spending on sustainable business software in 2011, according to a new global study by Verdantix.

Verdantix attributes rising demand for this type of software to unpredictable energy costs, greenhouse gas (GHG) compliance requirements and more robust sustainability strategies.

A Pike Research report released in July pegged annual growth at 33 percent from 2009 to 2017 for the carbon management software and services market for the manufacturing sector. The report cited mounting pressure on manufacturers to report their emissions and improve on environmental efficiencies by large end customers.

Based on 28 live product demonstrations involving 99 assessment criteria, the Verdantix report, “Green Quadrant Carbon And Energy Management Software,” provides buyers with a product benchmark to shortlist suppliers and create request for proposals (RFPs). The report also will help investors validate capital allocation decisions.

The 99 assessment criteria generate a product benchmark with 2,772 data points, which cover data capture, supply chain emissions, organization modeling, workflow, carbon emissions calculation engines, energy management tools, carbon management tools, project and portfolio management, reporting, dashboards, audits and internationalization.

The study also scores each supplier on market vision, product strategy, architecture, customer momentum, value delivery, financial resources and implementation partnerships.

The report finds that the biggest change in strategy for corporate buyers in 2010 has been a shift from “tactical carbon accounting to strategic energy and carbon management.”

“Buyers also want advanced carbon management tools for target setting, forecasts and audits. This explains why some carbon management software deals exceeded $10 million in 2010,” said Peter Charville-Mort, Verdantix analyst and author of the report, in a statement.

A key finding indicates that many potential buyers only need basic functionality for energy data collection and carbon reporting, but they expect suppliers to offer a roadmap for more advanced functionality.

The report also finds that some companies have more sophisticated requirements reflecting use scenarios of more senior budget-holders such as chief sustainability officers and CFOs, says Verdantix.

The report also reveals that software suppliers are raising funds to out-innovate the competition and expand the energy cost reduction value proposition with demand response functionality.

Verdantix expect suppliers such as CarbonSystems, IHS and TRIRIGA to strengthen their return on investment (ROI) claims in 2011 with hard data from a growing customer list, which will boost demand.

As an example, New York City plans to deploy TRIRIGA’s environmental sustainability software, TREES, across more than 4,000 government buildings to help reduce energy consumption and greenhouse gas (GHG) emissions. TRIRIGA’s software tool will be used to create a central Web-based location to consolidate all of New York City’s key data reports related to energy and environmental performance of city buildings and capital projects.

Verdanix researchers recommend that potential buyers focus on the industry track record of a software supplier.

Mike Watson, senior manager of sustainability at Intuit recently shared five lessons his company learned when it rolled out its enterprise carbon accounting (ECA) software to better track, report and reduce carbon emissions.

Choosing the Correct Emission Control Technology
Sponsored By: Anguil Environmental Systems

  
Operationalizing EHS Management: Bridge the Gap from Strategy to Execution
Sponsored By: LNS Research

  
The EHS Guidebook: Selecting, Implementing, and Using EHS Software Solutions
Sponsored By: EtQ

  
The New Energy Future - Challenges and Opportunities in Corporate Energy Management
Sponsored By: Edison Energy

  

One thought on “CA, CarbonSystems, Enablon, among Top Ten Leaders in Carbon/Energy SW Market

  1. While Carbon & Energy are important elements of an environmental platform, keep in mind it is only one part of the total package companies need to consider for their environmental and compliance operations. Carbon is also only one aspect associated with emissions, and it is obviously not the only GHG which has been getting so much attention recently. While this is a pretty good analysis of the market place, keep in mind vendors continue to innovate and leap frog each other often, and that a full package to manage all the H&S, Sustainability, and Environmental and Compliance operations from a corporate perspective can make more sense that a stand alone application that only covers one niche aspect. This is especially when you both options carry the same price tag.

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