Energy as a service is a vendor-based energy business model in which third-party vendors or utility services companies deploy technical, financing, or procurement solutions. It is a comprehensive approach to manage fluctuating electricity prices. In this model, companies receive one bill in exchange for an agreed-on level of service. All maintenance is handled under a service-level agreement, which is either a pay-for-service or a performance contract in which costs are covered by energy savings. In energy as a service, the services are offered on demand with no requirement of consumer investment. It ensures that upgraded technologies and equipment are used, which increases energy efficiency. It reduces complexity, cuts costs, scales quickly, and keeps end-users running on the best and latest solutions. ----------------- *Core competencies of the companies are captured in terms of their key developments, product portfolio, and key strategies adopted to sustain their positions in the market.

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.