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TMCNet:  Nexant iEnergy Continues to Raise the Bar for Utility DSM Business Process Management

[July 29, 2013]

Nexant iEnergy Continues to Raise the Bar for Utility DSM Business Process Management

SAN FRANCISCO --(Business Wire)--

Nexant 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 They struggle to meet these challenges, continuing to manage programs using outdated tools such as spreadsheets and customized or CRM-based systems that do not fully automate the entire DSM business process.

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."

ABOUT NEXANT

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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