Aclara Software was founded in 1997 by a group of individuals experienced in energy efficiency, energy deregulation, energy information systems, multi-media educational software, and Internet commerce. The initial focus of the company was on helping energy companies better communicate with their customers, while helping their customers make smarter energy choices.
The company has since expanded and broadened its mission, but remains focused on helping energy companies and their customers, now in the broader area of better managing energy-driven transactions and decision-making. The company is currently working with over 95 energy companies on a global basis, supporting them in areas of meter data management, network planning, load forecasting, billing and settlement, and customer service. Several million energy company customers have used Aclara Software's applications. Aclara Software solutions have demonstrated the ability to reduce both capital and operating costs and increase customer satisfaction.
Along the way, Aclara Software has developed a number of innovative software applications, several of which have been recognized with awards. Aclara Software also developed the leading Internet energy portal – energyguide.com – which provides Aclara Software with a powerful research platform for exploring ways to best communicate with consumers. And, Aclara Software gained new employees, products, and clients through the acquisitions of EcoGroup, Inc. in 1998, and ICF Energy Solutions, Inc. in 2004. Aclara Software now employs more than 90 talented professionals with experience in a broad range of disciplines.
Aclara Software was acquired by ESCO Technologies, Inc. (NYSE:ESE) in 2005. Aclara Software continues to be operated as a stand-alone company, so that it retains the energy and agility of a start-up while at the same time being part of a financially secure public company. We work closely with our sister companies, DCSI and Hexagram, to deliver the most complete value from an Advanced Metering Infrastructure.