To remain competitive and expand mode of operations, business software has become a necessity for companies. Upgrading the mode of operations through such software also decreases the energy usage. Businesses are starting to acknowledge the relation between cost savings, improved carbon footprint and energy reduction.
Companies have set carbon dioxide emission reduction targets in the last 6 years, and are using business software to achieve these goals. There are many top enterprise business software companies that are introducing new technology and software solutions to help businesses and companies meet their energy reduction goals.
SAP has energy and resource management software. The company has been making progress in the energy management area, emphasizing that companies need to implement the technology and adapt to management systems that allow for reduced energy use. They offer industrial energy management, environmental compliance and waste & recycling applications.
Last year, Retroficiency introduced a software program that examines the benefits of energy efficiency measures in buildings. This software allows companies to find out the energy saving opportunities across their buildings and take quick action to reduce energy costs.
Reading Charles Phillips executive profile shows how Oracle was geared to focus on energy reduction business software. The company released Oracle Utilities Meter Data Management 2.0 solution in 2010, which allowed utilities to manage customer energy data through deployments of a smart meter. It consisted of a device portal, enabling representatives to check the historical and current use. The solution also allowed technicians to keep a check on meter activity. This solution helps businesses figure out how much energy they’re using.
Oracle also acquired Ndevr’s Greenhouse Gas (GHG) accounting software for expanding its base in sustainability solutions. This has enabled them to offer businesses improved solutions to monitor and report energy related emissions.
Infor is the third largest enterprise software vendor in the world. The company acquired ENXSuite last year, a platform based on cloud energy performance management. It helps companies manage their energy costs by providing feedback on the current use. The product line of the acquired company is complimenting the already available Infor10 energy reduction solution by allowing companies to convert energy assets into financial ones. The company is well-equipped to compete in the field of energy management with its micro-verticals strategy.
Top enterprise software companies will continue to innovate in energy management systems, and companies would be able to reduce their energy cost through the top of the line softwares and solutions.