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C3 Named a "Tier 1" Provider of Enterprise Energy and Carbon Management (EECM) Software Solutions by SIG411C3's "Tier 1" Position Determined by High Scores for Market Momentum and Strategic Alignment With SIG411's Maturity Model (January 24, 2012)
SAN MATEO, CA -- (Marketwire) -- 01/24/12 -- C3 (www.c3-e.com), a provider of energy and emissions management software solutions, today announced that it was featured in a new industry research report by independent analyst firm SIG411. C3 was placed in the "Tier 1" category of vendors, with particular recognition for its leadership in the market and maturity of offering. The report, titled "Enterprise Energy/Carbon Management Solutions, a Guide for Global End-Users," was written by analyst Adrian Bowles. The report covers the business reasons driving selection of an Enterprise Energy and Carbon Management (EECM) solution, a guide for evaluating solutions, and an overview of vendor offerings, including an overview of C3.
SIG411 reported that C3's "access to capital, talent, and senior management within top-tier enterprises makes C3 a formidable presence despite its short tenure in the market. C3 has invested heavily in design at the architecture level to emerge from day one with a scalable solution that lends itself to integration with other enterprise systems, or which could become the backbone for additional enterprise level services."
In SIG411's "EECM Market Snapshot," a diagram of vendors, C3 was placed in the top echelon of vendors, "Tier 1." Within this tier, C3 scored highly for both market momentum and for "Strategic Alignment with SIG411's Maturity Model." Market momentum is evaluated by customer wins, feedback from buyers, prospects, and competitors, and press coverage. Maturity is evaluated by how strategic EECM is to the vendor, and how well integrated the offering is with other parts of the vendor's business or common enterprise software ecosystems.
The report noted a strong interest in comprehensive software solutions offering both energy and carbon management capabilities. "In the past 12-18 months, particularly in the US market, we have seen a dramatic shift towards energy management investments while carbon management investments have softened. We believe that in the next 48-60 months the most successful implementations for global enterprises will integrate both energy and carbon management."
According to Bowles, despite the anxious economic climate, a near-term investment in EECM may be worthwhile. "If you haven't already invested in EECM solutions, start now. Timing is everything, and there is no incentive to wait for this market to mature before making at least a modest investment in EECM solutions. The benefits of cost reduction due to smarter energy management can pay for themselves almost immediately."
The report also covered professional services offerings for EECM. Science Applications International Corporation (SAIC), a C3 charter customer and strategic alliance partner, was given particular mention. The report stated that SAIC "has made a significant investment in its energy and carbon management practice, and now offers EECM support from assessment through construction and operations."
C3's energy and emissions management software solutions include C3 Energy, C3 Mitigation, C3 Incentives, C3 Sustainability, and C3 Foundation.
"We are pleased that SIG411 has recognized C3 by placing it in the top tier of energy and carbon management solution vendors," said Ed Abbo, President and CTO, C3. "It is further validation of the value that energy and emissions management solutions provide, helping companies and governments to quickly save on energy costs and improve energy effectiveness."
To download a copy of SIG 411's complete report on C3 and the EECM Market, please visit: http://www.c3-e.com/SIG411report
C3 provides a family of energy and emissions management software solutions that enable organizations to monitor, mitigate, and monetize energy usage and associated greenhouse gas (GHG) emissions in order to increase profitability. C3 solutions are currently in use to reduce energy cost, risk, and environmental impact at major manufacturers, utilities, technology companies, and municipalities, among others. For more information, please visit www.c3-e.com.
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