Menu

M2M FEATURE NEWS

Sustaining the Buy Side of Energy

By Carl Ford July 25, 2011

For my regular readers you know that I am obsessed with the buy side of the smart grid. The deployment of smart meters has suffered because the utilities do not have models that clearly give the customer the expectation that they are going to be paying more for less. Given the fact that we experience it at the gas pump, inviting the billing record to our homes is understandably tough to sell.

Whenever a company comes along and shows a buy side slant, I want to write about it.  This week while I was in San Jose, CA, I met with Karen Alonardo, founder of CSRware, a sustainability SaaS company.

While sustainability is a large ecologically CleanTech term, it applies to managing energy efficiently. CSRware’s SaaS solution is an evaluation tool that allows companies to look at their energy costs in a module separate to their supply chain.

As a SaaS service they are not married to interfaces into their database or platform specific solutions; they consider themselves IT neutral. Customers of CSRware gather their information from whatever resources they have and like many other big data sourcing solutions, CSRware’s SaaS can include spreadsheets, sensor information, and external sources like EDI or API connectors.

This is where people get excited because they can obtain a current view while seeing what else they can change. With the data gathered the analysis begins looking for cost causer and scenario building models that allow customers to modify their analysis quickly. Looking for actionable components, customers can set goals and put their best practices in place. 

Sustainability can impact energy use in a variety of ways including new lighting, new transport and alternative sources. CSRware’s software flexibility is being used in the 2012 Edison Green Awards to provide the analytics in judging. The system has already been judged to be a good tool, which is also evidenced by the software being certified by 3 Degrees for Renewable Energy and the Global Reporting Initiative [GRI].

The flexibility of evaluation is a key point since the ability to evaluate the supply chain makes it so that delivery costs can be reduced and energy efficiencies can be found. CSRware’s flexibility has landed the company customers as varied as Bloomberg Financial and Juniper Networks. Karen Alonardo says CSRware is the Salesforce.com of sustainability.

It has also made CSRware part of the portfolio for accounting firms, energy consultants, and general contractors with energy efficiency requirements.

Want to learn more about the latest in communications and technology? Then be sure to attend
ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.


Carl Ford is a partner at Crossfire Media.

Edited by Stefanie Mosca

Partner, Crossfire Media

SHARE THIS ARTICLE
Related Articles

Gemalto Launches IoT Solution to Monitor Smart Objects in Real Time

By: Ken Briodagh    2/11/2016

Gemalto, has announced the launch of its LinqUs IoT Quality of Service (QoS) offer, which the company said is a comprehensive solution to enable mobil…

Read More

SuperCom to Deliver IoT to South America for Asset Tracking

By: Ken Briodagh    2/5/2016

A key provision under several final Food Safety Modernization Act (FSMA) Rules is the idea that better tracking for food products will uncover the sou…

Read More

MultiTech and WaterBit Use IoT to Manage Agricultural Data

By: Ken Briodagh    2/5/2016

MultiTech Systems, a manufacturer of M2M and IoT devices, has announced a field trial with WaterBit, an agricultural services provider based in Sunnyv…

Read More

Greenwave Systems Gets a Financial Boost

By: Chrissie Cluney    2/2/2016

Greenwave Systems has raised a total of $60 million in its Series C financing round in two phases.

Read More

HotChange: Advancing the Medical Field Forward

By: Chrissie Cluney    2/1/2016

PNMsoft and Amedar Consulting Group have introduced and began to integrate a Business Process Management solution called HotChange.

Read More