Smart Innovators: Industrial Energy Management Software
Hugo Fuller
Access this research
Access all Asset Maintenance Software content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
A reframing of energy efficiency initiatives as a solid short- to medium-term approach to meeting net zero targets, along with energy price volatility in recent years, has driven investment in energy management software (EMS) at industrial facilities. Mature, but fragmented, EMS is provided by a diverse set of vendors. This report gives buyers of EMS a high-level benchmark of the capabilities of 24 providers. It covers solutions for energy purchasing and procurement; monitoring and analytics; and operation and controls. Heads of engineering, operations, maintenance and sustainability should use this report to inform their purchasing decisions for 2024 and beyond. Software suppliers should leverage the information to benchmark their products.Energy management is still a secondary KPI for industrial firms
Reducing energy consumption is a pillar of decarbonization
Introducing the industrial EMS market
Industrial EMS providers have varied heritages
Industrial EMS caters to 13 use cases
Integration and data management drive innovation in industrial EMS
Figure 2. ESG and net zero priorities for industrial firms
Figure 3. Industrial technologies driving the achievement of net zero goals
Figure 4. Investment plans for asset management software
Figure 5. Industrial EMS providers: capabilities assessment
Figure 6. Must-, should- and nice-to-haves for EMS
About the Authors
Hugo Fuller
Senior Analyst
Hugo is a Senior Analyst in the Verdantix Industrial Transformation practice. His current research agenda explores the technologies within the industrial asset management soft...
Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
View ProfileOther related content
Industrial organisations are under pressure to improve reliability, reduce downtime and get more value from existing assets while maintain cost, safety and sustainability requireme...
Upcoming / 17 June, 2026
Manufacturers evaluating Manufacturing Execution Systems (MES) and Manufacturing Operation Management (MOM) solutions are facing a fundamental challenge: understanding what the ‘ri...
Upcoming / 02 June, 2026
Digital maintenance, repair and operations (MRO) activity is accelerating, and most of the momentum is coming from partnerships rather than standalone innovation. Organizations are...
20 April, 2026
The Pentagon’s recent decision to expand Palantir’s role in its AI stack marks a clear shift in how defence organizations expect digital systems to support operations. By formalizi...
20 April, 2026
Industrial firms are being hit by operational shocks with growing frequency and complexity. Supply chain disruptions, energy price volatility, labour shortages and rapid shifts in ...
16 April, 2026
.jpg?Status=Master&sfvrsn=b4c81dff_1)
Artemis II finally achieved lift-off on April 1st at 6:35pm ET. It wasn’t a straight run by any means. If you’ve spent any time on a plant floor, the delays probably felt a bit too...
02 April, 2026