SAN FRANCISCO—While EnerNOC's Energy Intelligence Softwarebusiness was a pioneer in energy management serving a wide varietyof industries, its spin-off by former EnerNOC leaders, Hatch Data,is focused squarely on the $15 trillion commercial real estatemarket. This is a logical step, given the increasing concentrationon environmental, social and governance issues that come with realestate ownership.

"Our former company invested a decade and tens of millions ofdollars to develop an energy management platform that was provenacross thousands of businesses. Commercial property operators havebeen especially successful in using our platform to radicallysimplify and automate the time-intensive tasks associated withenergy management, proactive maintenance and performancemanagement. Operators make buildings smart, and we're on a missionto help them scale their impact across entire portfolios," saysZach Robin, Hatch Data chief executive officer who formerly led theproduct team at EnerNOC. "While new construction projects capturethe imagination, the average existing building is 40 years or olderand can experience 15 to 20% degradation in operating performanceeach year. Hatch Data makes it easy to extend the smart buildingbenefits of improved efficiency, increased productivity andoptimized asset value to existing buildings by tapping intoexisting infrastructure and data sets."