EMISSIONS DATA IS HOT STUFF

Groom Energy Research Study Reveals 2009 Growth in Enterprise Carbon Accounting Software Market Research Details Latest Market Sizing, Recent Investments and Acquisitions; Selects Emerging Leaders for 2010
January 19, 2010 (MarketWire)

"Despite a recessionary economy and stalled environmental regulation, 2009 was a promising year for the emerging Enterprise Carbon Accounting (ECA) software market.
According to [Enterprise Carbon Accounting; An Analysis of Corporate-Level Greenhouse Gas (GHG) Emission Reporting and a Review of Emerging GHG Software Products, from Groom Energy] by Groom Energy Solutions, more than $46 million in venture capital was invested in ECA startup companies while software giants Computer Associates and Microsoft entered the market and EnerNOC, IHS and SAP made acquisitions. The research also confirmed the number of corporations now disclosing greenhouse gas emissions (GHG) increased significantly in 2009 and predicts that ECA software purchases will increase 600 percent by 2011.

"In ranked order, the three principal factors behind the momentum of the ECA market are…[1] Increased pressure from customers and investors for companies to create a 'greener' public image…[2] Cost and energy savings from sustainability investments…[3]. Mandates from buyers, like the Walmart Supplier Sustainability Assessment Program that was implemented to measure the environmental impact of supplier operations…"

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"…[This] is the third ECA report from Groom Energy. The first…was released in Jan. 2008, with an addendum in May of 2008, to provide a guide for organizations beginning to track and report their GHG emissions. It was obvious at the time that many companies had grown beyond traditional tracking means -- spreadsheets -- and 40 vendors were already present in the market. The 2010 report now identifies a total of 60 vendors and profiles 20 of them in four category types: environmental health and safety vendors (EHS), new products from large firms, startup companies, and energy management firms.

"Eight companies were named 2010 ECA Emerging Leaders in the report…[based on] number of customer deployments, technology features, market vision and financial stability. The current leaders are: Enablon, Enviance, Hara, IHS, Johnson Controls, PE International, ProcessMAP and SAP…Enablon and Hara are newcomers to the list, while the others were named 2009 ECA Emerging Leaders."

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"Research Key findings…[1] Protecting and enhancing company image, rather than pending GHG regulation, is the top driver among purchasers…[2] Supply chain initiatives like the Walmart supplier assessment program will motivate purchases [in] 2010 and 2011…[3] Five acquisitions were completed and venture capital investment totaling more than $46M in startup companies took place in 2009…[4] Energy /bill payment vendors established a solid market presence…[5] Despite the early stage of the current ECA market, 60 vendors offer software products. Market consolidation is expected to occur in the next two years…[6] The number of organizations using ECA software is expected to increase five fold by 2011; investment will be made by companies that have not traditionally invested in environmental software…

"The report is available for $495 per single user and $695 for a company license…Groom Energy provides consulting and installation of sustainable, renewable and energy efficiency systems for commercial, industrial and institutional customers…"