You are on page 1of 3

For Immediate Release

Barghest Building Performance Wins 2016 Frost & Sullivan Award for
Energy Management Solutions Entrepreneurial Company of the Year

Cecilia Chang, Senior Vice President at Frost & Sullivan, presents Barghest Building
Performances COO C.V. Kumar and CEO Poyan Rajamand (left to right) the Energy
Management Solutions Entrepreneurial Company of the Year Award
Singapore 14 October, 2016 Homegrown energy management company Barghest Building
Performance Pte Ltd (BBP) received the Energy Management Solutions Entrepreneurial
Company of the Year Award at Frost & Sullivans 2016 Excellence Awards.
The Frost & Sullivan Excellence Awards honour companies that have demonstrated excellence
in their respective industries. Candidate companies are identified based on in-depth interviews,
analysis and extensive secondary research. They are subsequently assessed on their revenue,
BBP is IMDA-accredited and works with several clients in Singapore to reduce energy usage
and achieve the Building and Construction Authorities Green Mark award for their buildings. In
tropical countries such as Singapore, a significant portion of ongoing building costs can be
attributed to inefficient Heating Ventilation and Air-Conditioning (HVAC) operations.

BBP adds a layer of intelligence to existing HVAC systems at no upfront cost, and is paid a
portion of clients dollar savings. Using its patent pending algorithm, the solution actively
controls and balances different HVAC components to perform in the most energy-efficient
manner, without any impact on its clients day-to-day operations.
The Energy Management Solutions Entrepreneurial Company of the Year Award recognises
BBPs potential as a company, having demonstrated excellence in growth, innovation and
leadership. Such excellence typically translates into superior performance in three key areas:
demand generation, brand development and competitive positioning.
Mr. Poyan Rajamand, CEO of BBP, said: At BBP, we believe that energy efficiency should
make business sense. Our solution can be installed within weeks with no impact on day-to-day
operations and no financial costs, which gives us real customer appeal. This prestigious award
from Frost & Sullivan is a testament to our teams hard work and innovative offerings.
Mr. Suchitra Sriram, Senior Consultant at Frost & Sullivan - Energy & Environment, Asia
Pacific said: "BBP's highly-focused value proposition in the Singapore energy management
solutions market tackles energy efficiency challenges for several existing commercial and
industrial buildings, enabling customers to operate profitably and efficiently.
The company's innovative software, especially in the HVAC segment, can be seamlessly
integrated into existing buildings allowing customers to adopt a highly cost-effective solution
without operational disruption. With immense potential to expand its customer base, BBP is
well-positioned to create a brand-defining customer ownership experience in a highly
competitive market," Mr. Sriram added.
In August 2016, BBP received the accreditation status under the Accreditation@IMDA
programme. The accreditation status provides assurance on BBPs product capabilities and
delivery capabilities to its customers. Through the market access platforms established by
Accreditation@IMDA, BBP will be able to gain more traction within the Singapore government
and enterprise sectors.
Mr Edwin Low, Director of Accreditation@IMDA, said: We are extremely pleased that BBP
has been awarded the Energy Management Solutions Entrepreneurial Company of the Year by
Frost & Sullivan. It is yet another testament to the growth potential of this company. We are
looking forward to work with Poyan and team to grow their business.
BBP currently operates in Singapore and Malaysia. It is exploring opportunities to expand its
footprint throughout Southeast Asia.
##### END OF RELEASE #####
For media enquiries, please contact:
Rachael De Foe
WeR1 Consultants
+65 6737 4844
rachaeldefoe@wer1.net

About Barghest Building Performance


Barghest Building Performance (BBP) is a technology provider in the energy space which
offers conservation solutions for buildings. BBPs platform uses cloud-based technology and
advanced analytics to operate existing equipment at optimal levels to achieve long-term energy
savings that are measureable and sustainable. The technology is installed without upfront costs
to clients and is paid through the energy savings achieved. Besides their primary focus on air
conditioning systems, BBP offers a range of energy efficiency-related services, including
support in Green Mark Certification processes. BBP team members have been involved in
numerous projects to help clients reach their Energy Efficiency and Green Mark Certification
goals.
BBPs clients includes Phillips Lumileds, Resorts World Sentosa, Shangri-La Hotels & Resorts,
Capitacommercial Trust, HSBC, Changi Airport Singapore and Hewlett Packard.
To learn more about BBP, please visit: http://www.bbp.sg/
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to
leverage visionary innovation that addresses the global challenges and related growth
opportunities that will make or break todays market participants. For more than 50 years, we
have been developing growth strategies for the global 1000, emerging businesses, the public
sector and the investment community. Is your organization prepared for the next profound wave
of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends,
breakthrough best practices, changing customer dynamics and emerging economies?
For more on Frost & Sullivan, please visit: http://www.frost.com/