To analyse the current market scenario and develop a framework for energy analytics service offerings for Wipro EcoEnergy

Student name: Mr Pulkit Khanna
Guide: Dr Kaushik Ranjan Bandyopadhyay
Year of completion: 2011
Host Organisation: Wipro EcoEnergy
Supervisor (Host Organisation): Mr Saju A. Josheph

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Abstract: Wipro EcoEnergy (WEE) is a cleantech business of Wipro Ltd that provides intelligent, sustainable alternatives for energy generation, distribution and consumption. It helps customers reduce their energy footprint, recover higher energy efficiencies from energy deployment and replace conventional with renewable energy sources and through analytical transformation of energy data into sustainable solutions.

Energy Management Services refers to services and systems in an organization to achieve energy efficiency through well laid out procedures and methods, and to ensure continual improvement in energy management and efficiency.

There are various companies is what is called the Energy Management Services market. These maybe categorized under the following heads, namely, building equipment manufacturers, Pure play companies, IT & IT service companies and others. The report analyses the competitive space, the various business models adopted within the Energy Management Industry and presents a framework for WEE.

The total gamut of energy analytical services can be broken down broadly under two heads:
1. Energy Cost saving Mechanisms
2. Revenue Generating Mechanisms

Under the Energy Cost saving mechanisms, specialized services such as:
• Energy Management & monitoring
• Remote Asset Management
• Peak Load Management
• Billing Reconciliation
• Predictive Maintenance

Under the Revenue Generating Mechanisms, the following specialized services are included:
• Demand Response
• Energy Procurement
• Cap & Trade

Wipro has created capabilities for Energy Management & monitoring, as well as for remote asset management, while capabilities for the remaining services need to be created.

A framework has been developed and is indicative of the path to incorporate energy analytics into WEE‘s core offerings to increase the total percentage savings and thus earnings from a particular project.