JouleX achieves major milestones and record revenue growth for 2012

USA: JouleX, a leading innovator in enterprise energy management systems for data centers, distributed office environments, and facilities, has achieved significant major milestones in 2012, including its eleventh consecutive quarter of revenue growth, a  compounded annual growth rate of nearly 300 percent since launching the company in 2010.

Driving this growth, JouleX added more than 100 new customers utilizing its JouleX Energy Manager (JEM) technology this year, bringing its total customer base to more than 250 and total installations to more than 450 globally.

“The demand for energy, and the increased operational and environmental costs associated with increased consumption is driving companies to act to eliminate energy waste; they simply cannot afford to sit idly by any longer,” said Tom Noonan, JouleX president and CEO.

“Our customers around the world are taking the lead in the ‘Sustainability’ Revolution, similar to the prominent roles they played in both the Quality Revolution and the Computer Revolution previously. The unprecedented growth that JouleX has experienced indicates the importance of enterprise energy management solutions as the lynchpins in this transformation. JouleX will continue to innovate to help provide the visibility and analysis required to help them control energy across their web scale enterprises ?from buildings and industrial controls to Data Centers and their distributed IT infrastructure.”

JouleX Energy Manager is the first network-based, agentless energy management system that dynamically measures the energy consumption and utilization of all network-connected devices and systems to provide visibility into power usage across the enterprise and autonomous control policies to help organizations identify and automatically reduce energy waste. Today, JouleX customers are using to technology to reduce energy costs by up to 60 percent.