BOSTON, Feb. 12, 2015 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq: ENOC ), a leading provider of energy intelligence software (EIS), today announced that Dow Corning, a global leader in silicones, silicon-based technology, and innovation, has deployed EnerNOC's utility bill management solution across more than 30 sites in 10 countries. This deployment of EnerNOC's software will enable Dow Corning to improve its management of all utility bills each year in different currencies and under unique rate structures, and will help the company gain greater visibility into its energy costs at the commodity, facility, country, and global levels.
"An enterprise energy management solution like EnerNOC's helps us standardize and centralize our utility bill management and energy data analysis across our global operations, and provides the robust analytics we need to benchmark against and report on company goals," said Rod Williamson, Global Energy Category Manager at Dow Corning. "This investment aligns with Dow Corning's commitment to best practices in operational efficiency, sustainability, and continuous improvement."
With EnerNOC's processes and software, Dow Corning will be able to take a more proactive approach to energy management, tracking spend against budget within a given billing period versus waiting until bills arrive. Dow Corning will also have the ability to benchmark its portfolio of sites against each other to easily identify outliers, prioritize opportunities for efficiency based on relative building performance, and create transparency between procurement, accounts payable, sustainability, and other discrete departments.
"Multinational companies like Dow Corning that deploy energy intelligence software understand the benefits of gaining centralized visibility into energy use and costs," said Tim Healy, Chairman and CEO of EnerNOC. "When enterprises can aggregate and analyze energy data in a way that provides actionable insights, energy management becomes much more straightforward, and can be a source for productivity gains, operational efficiencies, better forecasting and planning, and improved cost control."
To learn more about EnerNOC's energy intelligence software, visit: www.enernoc.com/solutions/enterprise-solutions .
About EnerNOC
EnerNOC is a leading provider of cloud-based energy intelligence software (EIS) and services to thousands of enterprise customers and utilities globally. EnerNOC's EIS solutions for enterprise customers improve energy productivity by optimizing how they buy, how much they use, and when they use energy. EIS for enterprise includes budgeting and procurement, utility bill management, facility optimization, visibility and reporting, project tracking, demand management, and demand response. EnerNOC's EIS solutions for utilities help maximize customer engagement and the value of demand-side resources, including demand response and energy efficiency. EnerNOC supports customer success with its world-class professional services team and a Network Operations Center (NOC) staffed 24x7x365. For more information, visit www.enernoc.com .
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Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company's energy intelligence software, and the benefits that customers may derive from technology updates or enhancements to that software, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, the Company's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media Relations and Investor Relations: Robin Deliso 617.692.2601
