Top 10 Energy Tech Consulting/Services Companies - 2020

Like every other industry, the energy sector too has witnessed the latest technological trends being implemented into its functioning, making the sector more productive and accountable for energy consumption and energy loss. Although every energy firm and service provider must have an undivided focus on boosting the operational efficiency and gaining huge returns, this still does not translate to diminishing the major business opportunities that may occur in the energy market. An insight into one of PwC’s reports centered on energy says, enterprises must double down on digitization to drive efficiencies and open up new opportunities in the energy sector.

One of the windows of possibilities is opened by the industrial internet of things (IIoT) Companies understand that the use of IoT devices transform multiple business operations as IoT not only connects machines and appliances, but also allows for enhanced connectivity across drilling rigs, refineries, pipelines, and grids. Such a connection optimizes performance and minimizes downtime while improving the health, safety, and environmental performance management. Energy companies can adopt the multifold benefits delivered by IIoT to ensure that they are on par with the fluctuating energy market.

Energy storage is yet another disruptor that is seeing a widespread acceptance and adoption among enterprises working in the energy industry. Coupled with Distributed Energy Resources (DERs), energy storage is all set to offer a consistent flow of energy at prices that are lower than the cost that is being currently paid by the users. Furthermore, energy storage is also immune to pulls and pushes of power demands as time and the market shift. Low-cost energy options, such as devices powered by solar energy or renewable materials are undoubtedly being favored upon choices that have been used until now—coal and natural gas-based energy products. Multiple energy solutions and service providers are now turning their attention toward such techniques.

Speaking of energy options, renewable energy is steadily gaining traction and has become widely popular among various nations in the world over the last couple of years. To prevent and revert the catastrophic results of climate change, countries across the globe are heavily pressing on the use of renewable energy. IT giants have recently made a list of companies that are setting up their own solar and wind farms to promote green, cost-saving, and greater control over energy requirements.

One of the major shifts in the energy sector is brought by digitization that has transformed the operations across the value chain. Digitization has brought forth the use of decentralized networks of intelligent, agile and self-serve units to redefine the energy generation and revamp the balance and diagnose demand. Additionally, intelligent automation by using the internet of things (IoT) along with artificial intelligence (AI) and robotic process automation (RPA) are increasing the efficacy for responsiveness to the user demands and costs. Energy service providers have not left any stone unturned in ensuring that their offerings are aligned with the digital revolution that has swept the energy sector.

This edition of CIOReview has compiled a list of 20 Most Promising Energy Tech Solution and Service Providers of 2020 that are delivering unmatched services and solutions to the enterprises.

Top Energy Tech Consulting/Services Companies

Founded in 2005, Oilfield Data Services (ODSI) is a consulting firm that specializes in reservoir and production engineering and frac design/evaluation. ODSI has created in-house proprietary software, Well Analyzer, an automated, real-time petroleum engineering software package. It is a complete reservoir/completions/well evaluation package that is well-centric and helps companies monitor their KPIs, re-evaluate producing fields, and get a better understanding of their reservoir. The engineers at ODSI provide second opinions, on-site well testing, reservoir evaluation, boundary calculations, and volume calculations

The company understands that the segregation of IT from the core business has created a world where IT interactions have been limited to providing break/fix services rather than predicting the future. To address this issue, team ProLytX engages with its clients to help them define goals and objectives, set up tools, and guide them to develop resources that grow with their needs in the long term. During this journey, the team understands the client’s data and accordingly builds a solution that would best meet their needs.In instances where clients are already using the software in various locations, we standardize the data and coach the users to leverage it extensively.” Such an approach significantly solves the issues created due to poor planning

Solace enables the smart movement of data so innovators can focus on doing what they do best, whether that’s leading IT organizations from the C-suite, architecting systems to meet ever-changing business requirements, or developing kickass enterprise, IoT and mobile applications. Headquartered in Ottawa, Ontario, Solace is a privately held company founded in 2001. The services provided by the company are messaging middleware, internet data streaming, JMS messaging, guaranteed messaging, WAN distribution, smart city, internet of things, streaming, message broker, advanced event broker, event broker, and event mesh. Every Solacian sees themselves as a maker, and in the case of their appliances, they make them with their bare hands

Budderfly

Budderfly

Budderfly provides guaranteed energy savings with no out-of-pocket costs for businesses through its unique Energy Efficiency-as-a-Service solution. They provide all the technology and the expertise to deliver the most energy-efficient, highest savings solution without the project risks or the frustration of competing for financial tradeoffs. Budderfly combines constant monitoring, maintenance, and upgrades like LED lighting, superior HVAC, Budderfly IOT sensors, temperature and refrigeration controls, renewable energy sourcing, and so much more into an easy, one-stop solution allowing firms to focus on what they do best, their business

Carbon Lighthouse

Carbon Lighthouse

Carbon Lighthouse is on a mission to stop climate change by making it easy and profitable for building owners to eliminate carbon emissions caused by wasted energy. The company’s unique approach to Efficiency Production goes deep into buildings to uncover and continuously correct hidden inefficiencies that add up to meaningful financial value and carbon elimination that lasts. Established in 2010, the company has served over 500 buildings, cutting the carbon emissions equivalent of three power plants and delivering an average financial return of 14%. The business’s clients include Tesla, Kilroy Realty, Durst, Related, Stanford University, Wilson Meany, and Dostart Development

Energy Control Service

Energy Control Service

For over 25 years, Energy Control Service has taken pride in offering the most up-to-date controls technology. With the business, one can achieve full-spectrum building automation, including systems integration, energy management, temperature control, lighting, and security integration. They are committed to establishing long-term relationships with their clients by providing exceptional designs and cost-effective solutions to meet a panoply of needs. Some of Energy Control Service’s key offerings include building management systems, energy savings, HVAC, lighting controls, boiler control, app IOS/Android BMS Control, system integration, BMS retrofits, and advanced graphics

HCI Energy

HCI Energy

Founded in 1996, HCI Energy is a privately held company based in Lenexa, Kansas. HCI Energy is delivering reliable, renewable energy on demand. Their self-contained Hybrid Cube can power communities, military cops, disaster relief efforts, and many other important initiatives more effectively. The company is specialized in controls and automation, power conservation and distribution, hybrid power, renewable energy, power systems integration, energy innovation, power shelters, self-contained power solutions, off-grid power, telecom, and micro-grids. Their products are designed for myriad commercial applications, their powerful, patented energy storage and generation technologies address critical human needs worldwide

Local Extent

Local Extent

Local Extent, LLC provides oil and gas exploration companies and land brokerages with data and GIS services. They offer a variety of services that help companies integrate and manage their data more efficiently and effectively. Utilizing their proprietary land management system, they assist their clients in organizing and streamlining the capture and reporting of all land-related info. Local Extent specializes in GIS mapping, data management, conversion, custom software development, system implementation, and much more. They focus on providing time and cost savings to a range of information processes throughout the oil and gas industry

Merino Services

Merino Services

MERINO SERVICES is a Business Consulting and IT Services organization providing value-added services as a Partner-to-Progress with its customers and business associates. MERINO SERVICES is a fully owned subsidiary of the Merino Group. Their team members are continuously pitted with challenges and ideas. Hence innovation and creativity in execution come naturally at MERINO SERVICES. As partners to progress to any customer, the enterprise believes in a long term relationship. They go the extra mile to ensure their customers get the expected benefits from the investment made in various Enterprise Software Solutions. The company specializes in the design and implementation of various technology-led solutions for its customers’ businesses

Tseytlin Consulting

Tseytlin Consulting

Tseytlin Consulting is specialized in solving complex, scientifically, and mathematically intense problems for various applications in the oil and gas industry. The business develops new highly effective technologies, high-precision 2D and 3D mathematical models, and computer simulators for exploration, drilling, completion, and production. Tseytlin’s highly skilled staff has expertise in fields like hydrodynamics of non-Newtonian and two-phase liquids, heat and mass exchange in complex heterogeneous systems, hydro-dynamic testing of formations, reservoir simulation, well production optimization, mud logging and drilling monitoring, two- and three-dimensional electrodynamics and acoustics, and magnetic hydrodynamics