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SUNNYVALE, Calif. -- (BUSINESS WIRE) -- Serious Materials today announced SeriousEnergy Manager™, a software-as-a-service platform that provides building owners and property managers with continuous monitoring, analysis, optimization and control of overall energy usage in commercial buildings.

Used in over 60 buildings in the U.S. and India to date, SeriousEnergy Manager provides consistently fast energy-savings of 10 to 15 percent for rapid total solution payback in one to two years.

“Serious Materials’ offerings to date allow our customers to construct and retrofit buildings to save energy and save money,” said Kevin Surace, CEO of Serious Materials. “With 5 million commercial buildings in the U.S. alone, there is a huge opportunity to save money today. Our customers need the ability to manage, analyze, and maintain real energy-savings on an ongoing basis. We are the first major player to bring an advanced, yet low cost service to market. This is one of the most important offerings from our company in our history, and our customers couldn’t be more excited.”

According to the EPA, an average 30 percent of the energy used in commercial buildings is wasted at energy costs of more than $100 billion per year in the U.S. alone. SeriousEnergy Manager addresses this immediate opportunity for savings by quickly demonstrating energy efficiency improvements for building owners and managers of an individual building or entire portfolio for commercial office buildings, schools and university campuses, government facilities, retail operations, and factories.

SeriousEnergy Manager is a secure web-based platform, with no software to install or maintain, that seamlessly integrates with building systems to continuously monitor energy usage. Based on proprietary algorithms, SeriousInsight™ advanced analytics integrates occupancy analysis, historical and external data to deliver real-time insight into energy usage and establish baselines, trends, and forecasting of energy consumption.

The always-on service identifies ongoing, straightforward opportunities to save energy and optimize building system efficiencies, resulting in rapid ROI. The core technology of SeriousEnergy Manager™ originated from Serious Materials’ earlier acquisition of Valence Energy.


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