Best Practices For Selecting Energy And Carbon Software (Webinar)

Published: 19 April 2011

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Executive Summary

This webinar will help you save time and minimise risk in the selection of the energy and carbon software best suited to your firm’s requirements. Based on Verdantix research with hundreds of decision makers in energy management, EH&S, sustainability, finance and IT you will learn about the best practices to guide your supplier selection decision. Over the last 3 years, our research has uncovered a litany of problems in today’s market as managers with little or no experience in enterprise software make small upfront investments in hosted software which may lead to multi-million dollar commitments over time in software license fees and services spend. During this webinar you will hear from Verdantix analysts how to engage internal stakeholders in the software selection process and have an opportunity to get your questions answered in which suppliers to shortlist for your needs.

Table Of Contents

What problems are holding back the purchase of carbon and energy management software?
Buyers face purchase risks from the supply-side but also from their own situation
Have you considered whether software suppliers have a product roadmap focused on North American or European requirements?
Does your software supplier have a strong understanding of the EU ETS Phase 3?
Energy intensive sectors in the EU are investing in detailed planning for energy efficiency and risk management 
Have you tackled software procurement issues created by fragmented governance?
Have you engaged corporate IT to get advice on acceptable deployment models and software architecture?
Are your software selection criteria based on an energy and carbon strategy driven by clear business objectives?
Or have you leapt into the software selection process hoping that it may straighten out strategic stumbling blocks?

What are the best practices for buyers to manage the software selection process?
Step 1. Tackle flawed governance issues before launching the RFP
Step 2. Make risk assessment part of the software sourcing process
Step 3. Engage with internal stakeholders to match your usage scenarios to software functionality and product roadmaps
Step 4. Get information from suppliers on product flexibility and innovation plans
Step 5. Ensure the software supplier has the financial and organizational scalability to meet your needs
Step 6. Assume that you will need a services firm to drive a global roll out and get evidence of software/services firm success
Step 6. You can also turn to systems integrators with energy and carbon software partnerships
Step 7. Push suppliers to show evidence of value delivery and service level agreements
Step 8. Quantify the implementation costs as well as the costs of the software

How will the market for carbon and energy management software evolve over the next 2 years?
Carbon functionality will become part of broader sustainable business software platforms and energy management software
Market evolution – where we are today
Market evolution – where we will be in 2013
Market evolution – sustainable business platforms 2015

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