by Amy Westervelt -
Jun 3rd, 2009
Despite the buzz surrounding the smart grid, to date it has consisted of technologies or services geared toward utilities, helping them save money, smooth out supply-and-demand curves, and use energy more efficiently.
Now, with a clear soft spot from the federal government for all things smart grid, investors and start-ups are turning to new opportunities in the market, namely products and services focused on consumers and corporate clients.
While energy management and demand response systems are already beginning to reap rewards for companies with large office buildings and data centers, the consumer market has remained largely untapped, save a few pilot studies.
Matt Denesuk, partner with IBM Venture Capital Group, sees that changing in the year ahead.
Denesuk’s group partners with venture capitalists to offer expertise and product partnerships to start-ups seen as key to IBM’s business; companies picked by the group typically wind up either being acquired by IBM or developing long-term partnerships with the tech giant.
We spoke with Denesuk to find out which companies and technologies we might see Big Blue championing in the not-so-distant future. Here's who he named:
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