SustainCo Inc. Expands Performance Monitoring Offering With Panoramic Power
SustainCo Inc. is pleased to announce that its operating group SustainCo Solutions and Services has expanded its Performance Monitoring services with the addition of low-cost wireless device-level energy monitoring and analytics for customers. SustainCo has entered into a strategic partnership with Panoramic Power to provide unmatched visibility into device level energy consumption, which includes analytics, reports and alerts for Canadian customers.
Customers will have real-time visibility into operations and energy loads. Panoramic Power–s PowerRadar analytics platform analyzes the data and SustainCo energy experts make ongoing recommendations to enhance and optimize system and building performance while reducing customers– utility bills. SustainCo will be responsible for all installations and professional services of this real-time energy monitoring system.
According to a study by Navigant Research, Global Industrial Energy Management Systems (IEMS) are estimated to grow from $11.3 billion in 2013 to $22.4 billion by 2020, and with North America leading the double-digit growth.
“This low-cost solution will enable us to provide customers with immediate visibility into their total utility impact. We believe that this solution is a differentiator in the market place and continues to build on our complete solution offerings,” stated Emlyn David, CEO of SustainCo.
“We are pleased to partner with SustainCo for Canada and look forward to providing significant value to their customers with our unique, device-level energy management solution,” said Yaniv Vardi, CEO of Panoramic Power. “Our partnership will allow SustainCo customers to accelerate the execution of their energy programs with unmatched visibility into energy consumption and operations, reducing energy costs, improving system level performance and enabling control over real time pricing.”