Locus Scored in Green Quadrant of Carbon and Energy Management Software Report
SAN FRANCISCO, Calif., 22 November 2010 — Locus Technologies (Locus), the industry leader in web-based environmental compliance and information management software, has been recognized as one of the top 28 firms for greenhouse gas (GHG) and Energy Management software in the report, “Green Quadrant® Carbon and Energy Management Software, 2010.” This report by Verdantix, an independent analyst firm focused on sustainable business strategies and market opportunities, comes only weeks after Gartner, Inc., the leading provider of research and analysis on the global information technology industry, in another study entitled “Sustainable Business Systems: Differentiating Sustainable Solutions by Functional Domain,” recognized Locus as a high growth, high foresight company whose software brings to its customers high enterprise efficiency and optimization intelligence. Gartner also recognized Locus’ focused analysis of key environmental parameters, including water foot-printing, and its incorporation of spatial data analysis in all of its SaaS solutions.
“Based on the insights from our customer panel and our in-depth interviews we define carbon and energy management software as: Software designed to help individuals responsible for carbon and energy management to collect, store, audit, report, analyze, and forecast carbon emissions and energy consumption data to meet business objectives such as planning, reduction, budgeting, compliance and trading,” said David Metcalfe, Verdantix Director. “The global market for carbon and energy software is intensely competitive — buyers choose from over 100 suppliers. To help buyers save time, save money and reduce risk in their selection process this Verdantix Green Quadrant report compares the 28 software applications that pre-qualify as a potential fit for $1 billion revenue firms. Our analysis is based on interviews with 15 buyers collectively representing firms with revenues of $260 billion, live demonstrations of the 28 applications and supplier responses to a 99 point questionnaire. Before jumping to conclusions about the best fit supplier, buyers need to conduct a detailed assessment of their business strategy, available budget and usage scenarios. Suppliers in the Challenger, Specialist and Entrepreneur Quadrants may meet requirements just as well as the Leaders,” added Mr. Metcalfe.
The Verdantix report recognized that Locus Technologies’ environmental compliance software has evolved into broader sustainable business software. The report states that Locus is one of only two firms in the Entrepreneurs Quadrant that claim more than 10 customers with more than $1 billion in revenue. The report further states that “the Entrepreneurs have more opportunity to win customers in the price-sensitive mid-market.” Overall, Locus scored strong in customer momentum, master data management and financial resources.
“We are very pleased that some of the leading industry analysts, first Gartner, and now Verdantix, have recognized Locus as a potential fit for $1 billion revenue firms in the sustainability, carbon and energy software space,” said Dr. Neno Duplan, President and CEO of Locus. “With our suite of diverse but well integrated products to organize water, energy, waste and carbon emissions information across different regulatory frameworks, Locus is well positioned to continue to lead the environmental software market. Locus has served this market exceptionally well since 1997, and maintains the leading position in many of its segments,” noted Dr. Duplan.
The environmental software market has become a multi-billion dollar industry with new players entering almost weekly. The current environmental software leaders in the Verdantix report include a mix of startups funded by venture capital and longtime software players from other arenas. According to Dr. Duplan, “Locus stands apart from this competition in terms of its long history and domain expertise. Since its founding 13 years ago, Locus has compiled a proven track record of delivering complex environmental information management and compliance solutions over the Internet to some of the world largest companies.” The company integrates a deep and versatile set of applications that not only manage GHGs but also provide management of other, mission-critical environmental data and information, such as water quality and resource consumption management.
