GridPoint Recognized by Frost & Sullivan as Industry Leader in Strategy Innovation
Progressive Mission Positions GridPoint as Key Player in Grid Modernization
RESTON, Va.–(BUSINESS WIRE)–GridPoint, a smart building technology innovator transforming the way businesses use energy, announced today it has been named the winner of Frost & Sullivan’s 2020 Best Practices Award for Global Energy Management Competitive Strategy Innovation and Leadership. This award recognizes a company that excels in strategy innovation and provides superior customer impact by driving demand, brand strength, and competitive differentiation.
GridPoint’s mission is to enable the world’s transition to an efficient and sustainable future through smart, grid-connected buildings. GridPoint’s hardware-enabled subscription offerings bridge the gap between commercial businesses, utilities, and technology partners to support grid modernization and bring outdated energy infrastructure to the 21st century. Powered by the best data, the platform identifies best-fit energy strategies, reduces waste, and makes buildings smarter through controls, automation, and machine learning.
For this award, Frost & Sullivan analysts independently evaluated two key factors across the nominees: strategy innovation and customer impact. These evaluations are put into a decision support scorecard, which benchmarks the criteria and identifies positions on a 10-point scale. GridPoint received the highest rating of 8.5/10, a full 2 points higher than its closest competitor.
The report cites that GridPoint’s “focus and dedication in continuous product development and strategy innovation resulted in a revolutionary energy management offering that Frost & Sullivan expects to bring about a positive disruption and transform the building energy management landscape. The company continues to deliver greater value for customers through new features, products, partnerships, and integrations, displaying the highest level of commitment towards client satisfaction. Its strong R&D culture, combined with extensive intellectual property and strategy excellence, enabled GridPoint to properly set itself apart and create strong product and market differentiators, thereby gaining a distinctive edge in a highly dynamic and competitive environment.”
“We are honored to be recognized as an industry leader by Frost & Sullivan,” says Mark Danzenbaker, CEO at GridPoint. “We believe our focus on creating greater customer value through technology integrations as well as leveraging channel partnerships to reach underserved and emerging markets has positioned GridPoint as a leading catalyst for the clean grid transition.”
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GridPoint is a smart building technology leader with a mission focused on enabling the world’s transition to an efficient and sustainable future through smart, grid-connected buildings. Our hardware-enabled subscription offerings bridge the gap between commercial businesses, utilities, and technology partners to support grid modernization and bring outdated energy infrastructure to the 21st century. Powered by the best data, our platform is designed to identify best-fit energy strategies, reduce waste, and make buildings smarter through controls, automation, and machine learning. GridPoint’s solutions are installed in over 15,000 locations including fortune 500 enterprises, small businesses, government organizations and industrial complexes. Learn more at www.gridpoint.com.
Katie O’Shea, Marketing Manager