Guidehouse Insights Names Fluence, Power Factors, and Wärtsilä Leading Energy Management System Vendors

68b977cdfb13e9b7a595c61d2e83c44f Guidehouse Insights Names Fluence, Power Factors, and Wärtsilä Leading Energy Management System Vendors

Leaders boast sophisticated technologies, comprehensive portfolios, strong partner relationships, future-proofed business models, and established customer bases

BOULDER, Colo., Oct. 8, 2024 /PRNewswire/ — A new report from Guidehouse Insights assesses the competitive landscape for energy management system (EMS) vendors in the utility-scale energy storage industry.

As utility-scale energy storage system deployments continue to increase globally, asset owners and stakeholders are demanding more flexibility and efficiency from their systems. According to Guidehouse Insights, Fluence, Power Factors, and Wärtsilä are the leading EMS vendors in the industry.

“These solution providers are succeeding within a highly competitive and constantly evolving market,” says Michael Kelly, associate director with Guidehouse Insights. “EMS vendors are capitalizing on more sophisticated technologies and extended portfolios that encompass asset management, bidding optimization, and predictive maintenance, amongst other areas – the combination of enhanced control platforms and complementary analytics enables asset owners to achieve greater bankability, reliability, and performance from their front-of-the-meter storage assets.”

There have been two major business models for deploying system control software platforms. Many leading systems integrators have developed their own software platforms to design and optimize only their projects, while other companies focused on software development use platforms in their own projects and offer them to other developers. As the market develops and matures, modular and standardized solutions are emerging, where market entrants are offering a holistic range of services – vendor-agnostic, interoperable EMSs featuring standardized interfaces and low-cost integrations are key features of future-proofed solutions, according to the report.

The report, Guidehouse Insights Leaderboard: Energy Storage Software, is intended to help market participants better understand the competitive landscape, relevant offerings, key  differentiators, and recognized accomplishments. The relative position of different vendors is likely to shift as organizations refine their business models and portfolios, and the market continues to scale. An executive summary of the report is available for free download on the Guidehouse Insights website.

About Guidehouse Insights

Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.

About Guidehouse

Guidehouse is a global consultancy providing advisory, digital, and managed services to the commercial and public sectors. Guidehouse is purpose-built to serve the national security, financial services, healthcare, energy, and infrastructure industries. Disrupting legacy consulting delivery models with its agility, capabilities, and scale, the firm delivers technology-enabled and focused solutions that position clients for innovation, resilience, and growth. With high-quality standards and a relentless pursuit of client success, Guidehouse’s more than 17,000 employees collaborate with leaders to outwit complexity and achieve transformational changes that meaningfully shape the future. guidehouse.com

* The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Energy Storage Software, is a summary and reflects the current expectations of Guidehouse Insights 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 Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

For more information, contact:

Cecile Fradkin for Guidehouse Insights

+1.646.941.9139

[email protected]

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SOURCE Guidehouse Insights

rt Guidehouse Insights Names Fluence, Power Factors, and Wärtsilä Leading Energy Management System Vendors

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