Energy management software reports and monitors energy system usage in facilities, saving businesses money on energy costs. These solutions include real-time energy usage monitoring, energy data analytics, HVAC systems controls, and carbon and sustainability reporting. Energy management software often contains tools that alter energy usage to promote more efficient consumption and reduce carbon emissions.
Businesses use energy management software to maintain a single source of truth for all data related to energy consumption, reduce carbon emissions through smart energy distribution, analyze energy consumption, and reduce energy consumption-related costs. Software in this category is designed to improve efficiency, ensure regulatory compliance, and reduce operational costs.
Energy management software is similar to sustainability management software, and products overlap in feature sets quite a bit. Energy management and sustainability management software are sometimes used in concert and occasionally integrate, interacting with IoT-connected sensors that monitor energy usage in real time.
To qualify for inclusion in the Energy Management category, a product must:
- Monitor energy consumption from multiple sources
- Actively engage with energy-consuming systems by altering energy usage
- Produce auditable energy consumption reports
- Contain data analytics tools to digest energy consumption-related data
