Sept. 13, 2017
Reduced energy consumption at The Home Depot
EcoEnergy, a leading provider of analytics-driven business outcome services, received the Environmental Leader Project of the Year Award at the Environmental Leader 2017 Conference in Denver, Colorado. The award recognizes EcoEnergy’s robust energy reduction project with home improvement specialist, The Home Depot. EcoEnergy is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).
Over a period of four years, EcoEnergy worked to improve lighting and heating, ventilation, and air conditioning (HVAC) assets at The Home Depot to help maximize energy savings while simultaneously improving occupant comfort. The result was a greater than six percent reduction in energy consumption across all stores - more than 2,000 - in the United States.
“We are honored and proud to receive this award. It is a great recognition of our constant innovation and application of the Internet of Things (IoT) and Big Data analytics to solve real-world problems on a large scale, leading to meaningful results for The Home Depot,” said Mansoor Ahmad, managing director, EcoEnergy.
"With a highly respected and critical judging panel and a strict set of judging criteria, entrants face an extremely high bar for the level of product or project to qualify for an award," says Tim Hermes, publisher of Environmental Leader parent company, Business Sector Media. "Those who enter need to bring their A-game to get even a sniff of award-nirvana. And they delivered."
The judges at the Environmental Leader 2017 Conference were impressed. One noted, “This project delivered significant business value for the retailer in the form of a greater than six percent decrease in energy consumption across approximately 2,000 stores. The project goes beyond traditional energy management by taking an enterprise-wide view of managing the operational performance of electromechanical assets across the network and leveraging an IoT approach to data capture and application of Big Data analytics to learn and improve operations. Interesting approach using big data to unlock energy opportunities over time.”
EcoEnergy worked closely with The Home Depot to develop a three-phase approach to define a strategy and design, pilot and implement a solution. The first was to implement controls strategies from the EcoEnergy’s knowledge base. The second phase provided an energy management platform to collect data with dedicated teams to manage any deviations. Finally, the platform analyzed the data to show effective strategies and identify new ways to save energy.
The Environmental Leader Product & Project Awards recognize excellence in products and services that provide companies with energy and environmental benefits or projects implemented by companies that improve environmental or energy management and increase the bottom line.
Scores were determined by a panel of independent judges, headed by Peter Bussey of LNS Research.
EcoEnergy is a leading provider of business outcome services to some of the world's largest enterprises in industries such as retail, restaurants, hospitality, banking and water utilities. EcoEnergy employs the latest technologies, like IoT and Big Data analytics, to deliver transformative quantitative and qualitative results. Its technology platform coupled with its command center is at the focus of its award-winning connected services. EcoEnergy is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more, you can visit our website here. Follow us on LinkedIn, Facebook and Twitter.