GridPoint’s Smart Building Platform Earns Top Product of the Year Award from Environmental Leader

Recognized Third Year in a Row for Superior Technology

RESTON, Va.–(BUSINESS WIRE)–GridPoint, a smart building technology company, today announced that its
solution received a Top Product of the Year Award in the Environmental
Leader Product & Project Awards. GridPoint’s smart building platform is
considered by judges as an exemplary product due to its data driven
approach and newly released pricing structure.

One judge said “GridPoint collects data at equipment level in order to
effectively diagnose malfunctioning equipment. This value proposition
takes reliability engineering and predictive maintenance to the next
level while demonstrating early adoption by commercial and service
organizations. Its virtually zero up-front cost combined with total
ownership of equipment by the company makes them a very attractive model
for many different customers.”

Another added, “GridPoint’s Smart Building Solution provides an
impressive turn-key solution that utilizes IoT technology, cash-flow
positive pricing, and real-time data analytics to deliver real economic
and environmental savings. Clearly it’s effective if such large
customers have deployed to ~12,000 sites.”

GridPoint is a smart buildings technology company that makes site
optimization simple. The platform provides visibility into facility
operations to help customers automate and control sites, lower energy
spend, and proactively manage day-to-day operations. GridPoint’s
solution is unique because it utilizes three dimensions of data to
create the most accurate picture of energy usage within a building:
granular data at the equipment-level, real-time data, and historical
data. Customers include 4 of the top 10 retailers by total sales, 3 of
the top 10 casual dining restaurants, 5 of the top 20 quick serve
restaurants, leading commercial and industrial enterprises, and major
government and educational institutions. Powered by the best data,
GridPoint is validated in approximately 12,000 locations.

The Environmental Leader Product & Project Awards is a program
recognizing excellence in products and services that provide companies
with energy and environmental benefits, or in projects implemented by
companies that improved environmental or energy management and increased
the bottom line.

Scores were determined by a panel of independent judges headed by Peter
Bussey of LNS Research and also including judges from Advanced Micro
Devices, ATT, Best Buy, C&A, Caesars, Cox Enterprises, Fetzer Vineyards,
General Motors, Harbec, Kellogg, LNS Research, Marriott, MillerCoors,
Newell Brands, Novartis, Oldcastle Inc., Panasonic, Parker Hannifin,
Paul Leavoy/Consultant, Safeway, Sears Holdings Corporation, Sierra
Nevada Brewing Company, Strategic Sustainable Consulting, Tyco Global
Products, Wellborn Cabinet, and Zee Company/Member of the Vincit Group.

With rapid advancements and a continuous rate of change in the field,
sustainability and energy professionals have a notoriously difficult
time knowing what products to choose to help their companies increase
energy, environmental, and sustainability performance. The Environmental
Leader Product & Project Awards give companies a solid base of products,
vetted by experts, from which to choose, as well as a variety of
successful projects to illustrate how sustainability and energy
management is helping companies improve.

“With a highly respected (and critical) judging panel and a strict set
of judging criteria, entrants faced an extremely high bar for the level
of product or project to qualify for an award,” says Tim Hermes,
publisher of Environmental Leader parent company, Business Sector Media.
“Those who entered needed to bring their A-game to get even a sniff of
award-nirvana. And they delivered.”

“Winning this award for the third year in a row validates GridPoint’s
continuous innovation in our solution,” says Deepak Budhiraja, Vice
President of Product Management at GridPoint. “We take pride in helping
our customers become more sustainable while achieving significant energy
and operational savings. We believe that our new, all-inclusive, service
oriented pricing structure will be transformational in the industry and
will help new customers adopt energy efficiency measures at much lower
risks and capital investments.”

For a complete list of winners, visit www.environmentalleader.com/environmental-leader-product-project-awards-2017/

About Environmental Leader

Since 2006, Environmental Leader’s website and daily email newsletter
have provided the definitive and objective voice in reporting on
business-related energy, environmental, and sustainability issues, while
Energy Manager Today is the leading daily trade publication keeping
corporate executives informed about energy management news. For more
information visit www.environmentalleader.com
or www.energymanagertoday.com.

About the Environmental Leader Product & Project Awards

In its fifth year, the Environmental Leader Product & Project Awards
recognize excellence in products and services that provide companies
with energy and environmental benefits, or in corporate projects that
improved environmental, sustainability or energy management and
increased the bottom line. It is a five-point rating system designed to
offer companies feedback and recognition. Third-party judges came from
the following companies: Advanced Micro Devices, ATT, Best Buy, CandA,
Caesars, Cox Enterprises, Fetzer Vineyards, General Motors, Harbec,
Kellogg, LNS Research, Marriott, MillerCoors, Newell Brands, Novartis,
Oldcastle Inc., Panasonic, Parker Hannifin, Paul Leavoy/Consultant,
Safeway, Sears Holdings Corporation, Sierra Nevada Brewing Company,
Strategic Sustainable Consulting, Tyco Global Products, Wellborn
Cabinet, and Zee Company/Member of the Vincit Group.

About GridPoint

GridPoint is a smart buildings technology leader that makes site
optimization simple. The platform provides visibility into facility
operations to help customers automate and control sites, lower energy
spend and proactively manage day-to-day operations. GridPoint’s
customers include 4 of the top 10 retailers by total sales, 3 of the top
10 casual dining restaurants, 5 of the top 20 quick serve restaurants,
leading commercial and industrial enterprises, and major government and
educational institutions. Powered by the best data, GridPoint is
validated in approximately 12,000 locations. To learn more, visit www.GridPoint.com.

Contacts

GridPoint
Katie O’Shea
Marketing Manager
703-667-7051
[email protected]