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Bidgely on Track to Serve Over Two Million Homes by Mid-Year 2017Bidgely, the world leader in disaggregation-powered utility solutions, today announced that it is on track to cross over two million homes served by its HomeBeat platform by mid-year 2017. The company completed a strong year of business growth in 2016 with several multi-million dollar contracts, including sales of an alerts system to one of the largest utilities in the U.S., the HomeBeat mobile app to a large mid-Western IOU, and a disaggregation-powered consumer audit to another large IOU. Over the last year, the company exceeded its sales goals, launched new product features such as alerts and a home assessment tool, and expanded its global presence to Europe and Asia Pacific. For deployments already in place, Bidgely's platform showed consistently proven results, with Energy Efficiency savings of over 2% at London Hydro and Demand Response results of 30% peak shift at United Energy. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170124005431/en/
"This was a breakout year for disaggregation, which has generated significant attention from utilities who are increasingly prioritizing customer engagement and looking for innovative solutions," said Abhay Gupta, Bidgely CEO and Co-Founder. "For the first time, several multimillion-home IOUs published RFPs specifying data-based disaggregation as a mandatory requirement." Expanding from initial pilot and proof of concept rollouts, Bidgely closed several multi-million dollar full-scale contracts to be delivered in 2017. Notable utility wins in 2016 included:
Bidgely more than doubled its staff during 2016 and expanded to new headquarters in Mountain View. In addition, driven by global demand and new customers in Europe and Asia Pacific, Bidgely has increased its presence across these regions. Bidgely grew its data science team to broaden disaggregation appliances and energy coverage and released four significant new features:
Bidgely will be exhibiting these new features at Booth #3703 at the upcoming Distributech event in San Diego. About Bidgely Bidgely is transforming the way utility customers use energy. By combining the power of SaaS (News - Alert)-based analytics with consumer-friendly Web and mobile applications, Bidgely provides personalized and actionable insights that help customers save energy and enable utilities to build enduring customer relationships. The company works with utilities serving residential customers worldwide. For more information, please visit www.bidgely.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170124005431/en/ |