| | OCTOBER 20186CIOReviewToday's multifaceted energy landscape has brought forward numerous challenges for organizations including higher building and operating costs, supply and price volatility, and the complexity of managing multiple providers of energy supply. The importance of energy management is now paramount, as the drivers such as costs, the rise of the eco-conscious consumer, and regulatory compliances upsurge. Signaling tremendous demand for an energy-efficient lifestyle, a report from Reuters indicates the global energy management systems valued at $16.5 billion in 2016 and is expected to reach a value of $55.82 billion by the end of 2022, growing at a projected CAGR of 22.52 percent during the forecast period of 2017-2022.For the first time, to be at par with the traditional resources for energy, companies across the globe have increased their innovation efforts and investments in sustainable resources such as wind, water, geothermal, and solar energy. In parallel, industry experts and technologists are continually evaluating existing processes to uncover newer efficiencies within the operation, maintenance, and cooling mechanism of the energy systems. Owing to the rapid advancements in energy management and utilization, organizations finally have access to profound insights into energy procurement and its usage globally, helping them achieve a competitive advantage and increased productivity at a reduced energy cost. With the fusion of IoT technologies such as smart grids, meters, and appliances, energy management solutions now have enhanced real-time automation capabilities, in addition to its recently affordable price tag.As businesses are getting ready to embrace the next phase of energy utilization, Energy CIO Insights' aim with this special edition is to help enterprises prepare for the future. This edition blends insights from thought leaders and experts with a listing of most innovative companies that provide innovative solutions, going beyond just traditional power management.We believe this edition will help you in evaluating and formalizing effective energy management strategies for your organization.Let us know your thoughts.EditorialPioneering SustainabilityCopyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewOCTOBER - 05 - 2018Editorial StaffSalesAaron PierceCarolynn WaltersDane StanleyKhyati DubalRussell ThomasJohn Vargheseben@cioreview.comVisualizersIssac GeorgeAR RamjithManaging EditorJeevan GeorgeENTERPRISE ENERGY MANAGEMENT SPECIAL*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJeevan George Managing Editoreditor@cioreview.comContact Us:Phone:510.996.5126Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.com marketing@cioreview.comOCTOBER - 05 - 2018, Vol 07 SE 75 Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReview
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