Based on its recent analysis of the energy-efficient heating ventilation and air conditioning (HVAC) services solutions market, Frost & Sullivan recognizes Trane with the 2010 North American Award for Green Excellence in Service Innovation. A business of Ingersoll Rand and a leading provider of indoor comfort systems and services around energy-efficient HVAC systems, building controls, HVAC services, maintenance, parts support and financing options, Trane has demonstrated significant measurement and verification energy savings. The company evaluates sustainability improvements and helps to significantly reduce the short- and long-term environmental impact of its customers' facilities.
Trane energy-efficiency services are leveraged through its extensive HVAC domain and proven energy conservation measurements (ECMs) using three key interchangeable energy efficiency contracting services: controls contracting, turn-key design and energy service company. Trane utilizes a Six Sigma methodology to select the best ECMs based on key customer importance factors and an extensive assessment of the buildings' purpose to determine an appropriate investment strategy.
"Using flexible service models that encompass the unique requirements of a diversified range of customer segments has contributed to the consistent growth of Trane and retention of its strong customer base," says Frost & Sullivan industry manager Jorge Moreno. "Trane also provides renewable energy alternatives that enable clients to cultivate financially, as well as sustainably, over time."
"Trane is honored to receive this award from Frost & Sullivan," said Larry Wash, president of global services for Ingersoll Rand's Trane, Thermo King and Hussmann businesses. "Innovation is ingrained into every aspect of our company and we are proud to help our customers realize significant cost savings while ensuring our energy-efficient solutions have an ever-shrinking impact on the environment."
The Trane ECM and payback evaluation models provide proven payback analysis through optimization of controls for HVAC and building automation systems, energy retrofits and control upgrades, as well as the introduction of new technologies in the area of lighting or wireless sensors, continuous commissioning and retro-commissioning. The company's breadth of ECMs extends from short-term risk analysis to long-term total-cost-of-ownership models.
Additionally, the company's active position in providing intelligent services application translates into analysis and demonstrated proof of assets on a daily basis to provide proof of value on a continuous basis. This is a definite advantage for the owner in terms of reduction in operational costs and efficient use of energy and sustainability. Trane high-performance buildings make several contributions to reducing greenhouse gas emissions and also enable other sustainable solutions – peak and shave, ice storage and demand control – through its sustainable design and consulting services.
"Unlike some competitors that typically only explore energy savings to support funding opportunities, the Trane model comprises a comprehensive view of funding and budget allocations, capital expenses, total cost of ownership, financial return and pertinent financial driving factors," notes Moreno. "This not only makes financing more attractive to institutional funders, but also allows investors to aim for larger amounts of funding and offers economies of scale for securing lower prices for the equipment and labor."
Trane continues to excel through its highly innovative approach and proficiency in applying its strong industry knowledge to different aspects of evaluating green buildings and enhancing building performance and efficiency. Be it the social pressure for environmentally sound K-12 schools or pressure from tenants in commercial buildings to become more energy conscious, the company is at the forefront of steering pertinent greening decisions for its end users.
For these achievements, Trane is the worthy recipient of the 2010 North American Frost & Sullivan Award for Green Excellence in Service Innovation in the HVAC services solutions market. Each year, Frost & Sullivan presents this award to the company that has developed a service platform characterized by long-term sustainability, the ability to optimize resource usage, and the adaptability to changing environmental needs. The award recognizes entrepreneurial dexterity in incorporating conservation into the business concept and the industry's acknowledgement of the green initiative in question by way of financial support, strategic support, and recognition as a pioneering venture. The recipient has shown environmental accountability and provided a service with inherent features that enhance adoption/participation rates and creates collective accountability toward reducing the impact of climate change, dependency on finite resources, and ecological footprint.
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Trane
Trane, a business of Ingersoll Rand – a world leader in creating and sustaining safe, comfortable and energy efficient environments – improves the performance of homes and buildings around the world. Trane solutions optimize indoor environments with a broad portfolio of energy-efficient heating, ventilating and air conditioning systems, building and contracting services, parts support and advanced controls for homes and commercial buildings.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages more than 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.
