Budderfly Named a 2016 "Cool Vendor" to Watch by Gartner

SHELTON, Conn., May 11, 2016 - Budderfly (www.budderfly.com), a leading provider of energy management solutions has been recognized as a 2016 Gartner Cool Vendor in the Internet of Things (IoT) Solutions.

"We are delighted that Gartner included the Budderfly IoT solution in their list of Cool Vendors", says Ken Buda, Budderfly's VP of Operations. "We believe that Budderfly's energy management technology addresses the gaps in functionality that exist in virtually all current commercial building management and energy management systems."

By adding IoT devices and advanced software to an existing infrastructure, Budderfly can enhance the energy efficiency performance of any building. Budderfly's software and hardware together enable customers to visualize how they consume energy and where they can obtain savings through such mechanisms as device control strategies, presence management, demand response, mobile applications and active user engagement to bring about a holistic and integrated approach to energy efficiency optimization. Budderfly provides IoT enabled enterprise energy management solutions as an energy expense optimization tool for corporations, municipal governments, K through 12 schools, colleges, universities and manufacturers.

Gartner, Inc., Cool Vendors in IoT Solutions, 2016, Denise Rueb, Frederica Troni, Saniye Burcu Alaybeyi, Anshul Gupta, 26 April 2016.

About Budderfly

The Budderfly solution meters and controls energy usage at the point of consumption. Budderfly creates a facility grid using IoT electrical measurement and control devices that maximize energy savings. Each Budderfly IoT device includes a specially designed power measurement circuit that is coupled with a reliable communications system to deliver real-time consumption and control functionality. Budderfly IoT devices are specifically designed for multiple applications such as lighting, plug load, HVAC, motion sensing and light sensing, using the existing wireless building communications infrastructure to create a dedicated network of energy monitoring and energy consuming devices known as the Budderfly On Premise Energy Network.

Each Budderfly solution is specifically configured, designed and installed based on need and building infrastructure configuration. Budderfly’s hosted software environment collects consumption data, providing intelligent control and reporting so energy managers can see exactly where energy is being used. By tracking energy consumption across the entire enterprise down to an individual light switch, outlet, thermostat or power strip, customers can pinpoint gaps most energy management solutions don't see.