BOSTON EnerNOC Inc., a provider of energy intelligence software (EIS) and demand response solutions, announced that it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. EnerNOC said this move, from broad market creation to a more targeted EIS go-to-market strategy, will materially reduce its 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 progressive e…
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