Wyndham International Signs Five-Year iQom(TM) Energy Services Agreement With Perot Systems - iQuom to Deliver Real-Time Knowledge Management of Energy Needs
DALLAS, Feb. 13 / Perot Systems Corporation
Perot Systems will manage approximately $45 million in annual energy expenditures for the hotel and resort company, and could earn as much as $6 million over the term of the agreement.
The agreement covers Wyndham Hotels & Resorts, Wyndham Luxury Resorts, and Summerfield Suites by Wyndham hotels in the United States and Puerto Rico. Each of the 109 properties is owned or leased by Wyndham International.
iQom uses Internet-based technology to deliver real-time knowledge management and virtual remote control of a client's facilities and related assets. From Perot Systems' Energy Services Center in Dallas, iQom monitors and analyzes the client's facilities operations and energy use by collecting and analyzing data from distributed generation and energy storage assets, equipment, and environmental (air, water, emissions, refrigeration, etc.) and operational processes. iQom mines the data for solutions, interprets the data, and in real time, executes the solutions to deliver cost savings, enhance risk management, and create new revenue opportunities.
"Wyndham is keenly interested in ways we can use energy efficiently, save resources and meet our commitment to our guests," said Ted Teng, president and chief operating officer of Wyndham. "Our relationship with Perot Systems offers an important opportunity to improve our management of energy. We value Perot Systems' demonstrated capabilities to deliver results."
"Our incentive is simple to understand," said Ken Scott, vice president of Perot Systems. "When Wyndham succeeds, Perot Systems succeeds. By leveraging our energy domain expertise with our iQom services, we can deliver solutions that not only reduce energy costs but also mitigate market risks and create the foundation for enhancing operating performance. We welcome the opportunity to work with a respected industry leader like Wyndham."
Perot Systems' Energy Group has, for the past decade, concentrated on being at the forefront of changes sweeping across the electricity industry. Working with major utility and energy companies across Europe and the United States, Perot Systems uses its expertise to help clients develop customer product and services solutions.
About Wyndham International, Inc.
Wyndham International, Inc.
About Perot Systems
Perot Systems Corporation is a worldwide provider of information technology services and business solutions. Through its integrated service offering, Perot Systems delivers end-to-end solutions that address all aspects of strategy, systems and infrastructure, enabling clients to accelerate growth, streamline operations, and create new levels of customer value. Headquartered in Dallas, Texas, Perot Systems reported 2000 revenue of $1.1 billion. The company has more than 7,500 Associates located in the United States, Europe, and Asia. Additional information on Perot Systems is available at
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SOURCE: Perot Systems Corporation