Market Overview

Verisae's Energy Management Solution Establishes a Leading Position

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MINNEAPOLIS--(BUSINESS WIRE)--

Verisae, the leading global provider of SaaS, mobile-enabled solutions that enable multi-site organizations to reduce operating costs for facility, asset, energy, and environmental management, was recently featured in a case study by independent analyst firm, Verdantix. The report details key requirements of energy management software and services specific to the retail sector.

“Verisae has managed to cement its position as a leading provider of energy management software and services within the retail sector, delivering significant financial returns and developing its offering to meet its customers' requirements,” Verdantix, ‘Verisae Unlocks Opportunities in the Retail Market,' October 2012.

The report focuses on helping retailers reduce energy consumption and improve financial performance by understanding energy management as it relates to equipment, business processes, and governance. Strategic energy management initiatives are taking precedence due to rigorous environmental regulations and volatile energy costs.

“Boasting a blue-chip customer list of retail chains, including Sainsbury's and Tesco in Europe and Costco, Target, and Walmart in the United States, Verisae plays a prominent role in the retail energy management market,” Verdantix, ‘Verisae Unlocks Opportunities In The Retail Market,' October 2012.

Verisae allows energy managers to assess facilities on detailed variables such as the square footage of a store, geographic location, type of building materials, maintenance events, etc. to produce customized strategies per facility and therefore per the collective enterprise. Verisae also uses utility bill and sub-metering data and adapted metrics to benchmark facilities and assets. Managers can define rules which automate corrective actions.

“Through the ‘connected facility,' our platform helps organizations manage their facilities and assets, energy, alarms, compliance, and a breadth of carbon, water, and waste impacts. It connects information, analytics, and corrective actions in one platform, significantly reducing overall operating costs,” says Verisae's CEO, Jerry Dolinsky.

About Verisae, Inc.
Verisae (http://www.verisae.com) is the leading provider of SaaS, cloud-based solutions that enable customers to significantly reduce their facility lifecycle operating costs for asset, energy, and environmental management. The mobile-enabled platform improves operational efficiency, protects brand integrity, and helps ensure regulatory compliance for distributed enterprises across industries. Verisae delivers a broad range of solutions to over 60 clients globally with more than 100,000 active users including a network of more than 14,000 third-party suppliers. Verisae's “connected facility” platform actively tracks over three million assets across more than 29,000 sites worldwide.

About Verdantix
Verdantix is an independent analyst firm and provides authoritative data, analysis and advice to help our clients succeed with their energy, environment and sustainability strategies. Verdantix' global primary research and deep domain expertise gives clients a competitive advantage through strategic advice, market opportunity analysis, best practice frameworks and industry connections.

For more information about Verdantix: www.verdantix.com

Verisae, Inc.
c/o Lisa Kalis, 612-455-2336
media@verisae.com
www.verisae.com


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