Industrial Energy Management Systems Will Reach $22.5 Billion in Annual Revenue by 2020, Forecasts Navigant Research

  Industrial Energy Management Systems Will Reach $22.5 Billion in Annual
  Revenue by 2020, Forecasts Navigant Research

Business Wire

BOULDER, Colo. -- April 15, 2013

Industrial Energy Management Systems (IEMSs) are evolving quickly to help
industrial facilities minimize energy use and waste while still meeting the
demands of production. Technology, processing capabilities, software
applications, and business intelligence insights are progressing quickly in
the IEMS market, as vendors apply the latest innovations and advancements from
other markets and application areas to the industrial sector. According to a
new report from Navigant Research, annual revenue from IEMSs will reach $22.5
billion in 2020, essentially doubling their 2013 level.

“The IEMS market is opening to new firms, new technologies, and unique
products and services,” says Eric Woods, research director with Navigant
Research. “This is good news for both clients and vendors as fresh ideas make
IEMSs more accessible. It is, however, not easy to access the IEMS market, and
partnering with more established players is a necessary component of any
successful entry by a company or solution.”

With their global presence, extensive domain expertise, and established
infrastructure to support long-term engagements, large original equipment
manufacturers have long been the leaders in this market. However, the market
is changing rapidly, according to the report. Major IT companies with
expertise in handling large data sets and sophisticated real-time business
analytics applications are making inroads, as are smaller players.

The report, “Industrial Energy Management Systems”, examines the worldwide
market for industrial energy management systems, including initial services,
software installation and operation, and ongoing services. Market drivers and
hurdles are examined in detail, along with global supply-side and demand-side
market trends. Software functionality and service-related components are also
detailed, and the report provides profiles of key industry players, including
newer entrants that may shape the future direction of the market. Revenue
forecasts, broken down by market segment and by region, extend through 2020.
An Executive Summary of the report is available for free download on the
Navigant Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market
research and benchmarking services for rapidly changing and often highly
regulated industries. In the energy sector, Navigant Research focuses on
in-depth analysis and reporting about global clean technology markets. The
team’s research methodology combines supply-side industry analysis, end-user
primary research and demand assessment, and deep examination of technology
trends to provide a comprehensive view of the Smart Energy, Smart Utilities,
Smart Transportation, Smart Industry, and Smart Buildings sectors. Additional
information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated
to assisting clients in creating and protecting value in the face of critical
business risks and opportunities. Through senior level engagement with
clients, Navigant professionals combine technical expertise in Disputes and
Investigations, Economics, Financial Advisory and Management Consulting, with
business pragmatism in the highly regulated Construction, Energy, Financial
Services and Healthcare industries to support clients in addressing their most
critical business needs. More information about Navigant can be found at
www.navigant.com.

* The information contained in this press release concerning the report,
“Industrial Energy Management Systems,” is a summary and reflects Navigant
Research’s current expectations based on market data and trend analysis.
Market predictions and expectations are inherently uncertain and actual
results may differ materially from those contained in this press release or
the report. Please refer to the full report for a complete understanding of
the assumptions underlying the report’s conclusions and the methodologies used
to create the report. Neither Navigant Research nor Navigant undertakes any
obligation to update any of the information contained in this press release or
the report.

Contact:

Navigant Research
Richard Martin, +1-303-493-5483
richard.martin@navigant.com
or
Laverne Murach, +1-202-481-7336
laverne.murach@navigant.com