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(RTTNews.com) – EnerNOC Inc. ( ENOC ), a provider of energy intelligence software or EIS and demand response solutions, said it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. This includes an immediate reduction of its global workforce by about 15 percent.
The company noted that the restructuring move, from broad market creation to a more targeted EIS go-to-market strategy, will materially reduce its operating expenses.
“Over the past several years, we have made important product-related acquisitions, develope…
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