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đź’ˇ A New Era for Your Energy Bill
40% cost savings with cutting-edge electrification
Yesterday we introduced you to ConnectM (NASDAQ: CNTM), a clean energy technology and solutions provider.
Today we're doing a deeper dive to highlight how this Marlborough, Massachusetts-based company is electrifying homes, businesses, and transportation with clean energy that is reliable, and affordable to power a more sustainable planet for us all.
Let's Begin With a Quick Overview
They operate in a large addressable market of $2 trillion in US residential and commercial energy expenditure.
They have an AI-enabled energy intelligence network platform that monitors and manages electrified assets throughout their entire lifecycle, collecting valuable anonymized performance data.
They have 66,000 customers and 25 White Label OEM integrations.
They were named one of Inc's 5000 fastest-growing private companies.
The Problem
Customers often deal with multiple service providers
Typically there's no integrated roadmap for a multi-year electrification experience
No measurement and verification of spend vs. outcome
Different all-electric assets don’t talk to each other. Lack of integration results in energy and efficiency loss.
ConnectM's Solution
The customer becomes the single point of contact
They have a unified interface for connected operation
Data analytics and AI optimize energy use and equipment use
This can result in 40%+ cost savings and 75%+ reduction in carbon footprint
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