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EnerNOC, Inc. (Nasdaq: ENOC) announced that it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. This move, from broad market creation to a more targeted EIS go-to-market strategy, will materially reduce EnerNOCs operating expenses, including an immediate reduction of its global workforce by approximately 15 percent.
Over the past several years, we have made important product-related acquisitions, developed industry-leading EIS technology, and shaped the emerging EIS market. As a result, we are experiencing traction within a few key industries and with dozens of pr…
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