Thursday, April 14, 2005

Power companies look to technology to tackle business problems

APRIL 12, 2005 (COMPUTERWORLD) - Computerworld's Thomas Hoffman spoke yesterday with Warren Weiss, a general partner at Menlo Park, Calif.-based Foundation Capital, about the types of energy management technology companies and products that the venture capital firm is investing in.

One of the companies you've invested in is Dust Networks [a Berkeley, Calif.-based provider of wireless networks]. What kind of work are they doing in the energy industry?

They're at the periphery at the energy side. Early applications have been around industrial automation. Some utilities are exploring the use of the technology to measure the temperature of a plant and lower the costs of doing so on a much more even basis, because you can put sensors in a lot of places in a plant where you can't with wireline sensors.

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4 Comments:

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Power industry is likely to be an early adopter of this technology.

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