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Market Entry & Expansion ¨C Project # 606732


  • SOLICITATION NUMBER: 0002012321
  • INSTITUTION:  IBRD/IDA
  • ISSUE DATE AND TIME: Nov 06,2024 05:47
  • CLOSING DATE AND TIME: Nov 20,2024 23:59

CSF has a Market Entry and Expansion project which aims to support high-potential tech companies to accelerate their entry and expansion into emerging markets or grow their business through expanding into new verticals or (sub-)sectors. Under this project; IFC is working with an energy management systems company (the ¡°Company¡±) that developed a propriety system consisting of Internet of Things (IoT) devices for capturing energy consumption and a web-based visualization and analytics dashboard that supports maintenance teams to identify inefficiencies and optimize their energy usage. The Company is servicing clients across a wide range of sectors/industries. Having demonstrated a good growth trajectory in their home market; and having deployed their solution in several other countries; the Company is now focusing on its next phase of growth; which includes refining its product offering and value proposition; and expanding into new markets predominantly in Europe; Middle East; and Africa. With increasing public and private sector attention to reducing GHG emissions the Energy Management Systems (EMS) market represents a significant opportunity for growth. During the past two decades significant efforts have gone into developing standards (i.e.; ISO 50001; Energy Star) for hardware and software solutions; and commercial/industrial Energy Service Company (ESCO) models have emerged to serve the increasing demand. However; many ESCO companies have failed to scale for various reasons; including due to the differences in priorities; equipment and needs of different sectors and individual organizations; which requires significant adaption when deploying energy management systems; which is both time consuming and costly. Except in very high energy intensive sectors; energy management and optimization is typically not a high priority for senior management; so it can sometimes be difficult to get client¡¯s attention and have them prioritize action in this area.  To help IFC and the Company better understand the EMS competitive landscape; and determine strategic pathways for the Company; IFC is now seeking to recruit an experienced consulting firm to undertake a global market assessment of the energy management systems and IoT sector; and to evaluate and benchmark the company¡¯s products and technology ¨C hardware and software stack; business model; etc.; against others in the market and provide actionable recommendations to help the Company scale their offerings in their next phase of growth.

ľ¹ÏÓ°Ôº Group reserves the right to publicly disclose contract award information, including but not limited to, name of company receiving the award, brief description of services, and contract award amount, for any contract award valued over US$250,000. Offeror's proposal and contractual documents will remain confidential and therefore not subject to disclosure.

ľ¹ÏÓ°Ôº Group values supplier diversity and encourages businesses owned by women, minorities, lesbian, gay, bisexual and transgender (LGBT) individuals, and people with disabilities to participate in this opportunity. Please indicate in the response if you meet one of these diverse categories and specify the certification body you utilize.

ľ¹ÏÓ°Ôº reserves the right to reject any or all responses without recourse.

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