|[July 29, 2013]
Nexant iEnergy Continues to Raise the Bar for Utility DSM Business Process Management
SAN FRANCISCO --(Business Wire)--
today announced a significant expansion of its Nexant iEnergy™
platform and applications suite that provide utilities with a
comprehensive solution for managing all DSM (News - Alert) business processes as well
as launching and managing an entire portfolio of energy efficiency,
renewable energy, and demand side management (DSM) programs.
Utility executives and managers responsible for DSM portfolios are
increasingly challenged by the need to meet compliance requirements,
manage complex operations cost-effectively, and ensure customer
satisfaction. They struggle to meet these challenges, continuing to
manage programs using outdated tools such as spreadsheets and customized
or CRM-based systems that do not fully automate the entire DSM business
To address this situation, Nexant has been actively deploying Nexant
iEnergy to utilities across North America, providing them with a
powerful platform that includes:
iEnergy™ DSM Central (formerly TrakSmart) provides an end-t
end DSM business process management platform for improved visibility,
management, and control in a single, secure, system of record.
iEnergy™ Trade Ally streamlines collaboration between utility
customers, trade allies and utility program managers, enabling the
entire energy efficiency and DSM community to work together
effectively through an intuitive online portal.
iEnergy™ Home engages consumers to take action on energy
conservation and participate in utility DSM programs through demand
management, equipment replacement and behavior modification.
iEnergy™ Demand Response enables utility program and operations
teams to reliably and securely manage a full range of DR initiatives,
including program design, enrollment and operations; event management
and forecasting; performance and resource management.
"Using Nexant iEnergy for the Nicor Gas Energy Efficiency Program will
enable us to achieve improved program visibility, streamline our
reporting tasks, and better disseminate critical information to
stakeholders and regulatory agencies," said Jim Jerozal, Managing
Director, Energy Efficiency, Nicor Gas. "Most importantly, its
comprehensive capabilities and configurability will help to ensure that
our programs are administered efficiently and cost-effectively."
"Nexant iEnergy is an innovative, cloud-based software platform that
fundamentally changes how utilities manage all underlying operations and
market engagement for energy efficiency and DSM to drive energy savings,
reduce operating costs, and meet compliance requirements," said Nexant
SVP and CTO Martin Milani. "By orchestrating this end-to-end business
process management, the platform brings together the entire DSM
ecosystem that includes utilities, customers, trade allies, regulators,
and third-party implementers."
Nexant offers a comprehensive suite of best-in-class services and
software designed to transform utility business processes and implement
smart grid and demand management initiatives. Over the last decade, it
has been developing and commercializing technology solutions - such as
Nexant iEnergy™, Nexant Grid360™, Nexant iHedge®, and Nexant
RevenueManager® - enabling utilities, power producers, and retailers to
improve operational and financial efficiency, reduce risk, and enhance
customer engagement across the energy value chain.
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