Lighting

Divestment Trend Continues with GE Energy Services Start-Up ‘Current’

GE has announced the creation of Current, a start-up that combines energy hardware with a digital backbone to make power simpler and more efficient for customers. The company, which is backed by GE’s balance sheet, brings together GE’s LED, solar, energy storage and electric vehicle businesses as a one-stop shop for early customers like Walgreens, JPMorgan Chase, and Hilton Worldwide among others. Current reflects GE’s shift toward new business models that address customers’ end goals. Instead of selling separate energy products, Current will combine power offerings as a service and reduce cost for companies by simplifying energy and providing improved efficiency. It will use GE’s Predix software platform to collect data and help customers understand how they’re using, and losing, energy. The goal is to cut waste for customers who, for example, power millions of square feet of factory space, commercial office space or retail operations. The services are projected to save customers 10-20% on […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Neeve Smart Buildings 2025
Smart Buildings

Neeve’s Edge-Cloud Platform: Key Metrics & Growth 2025

This Research Note examines Neeve, the US startup offering an edge-cloud platform designed to enhance smart building operations by integrating operational technology (OT) systems into secure, connected environments. We highlight its founding as IoTium, before exploring its current offering, deployments, funding and partners, concluding with our view of the business. Neeve Profile Founded in 2015 […]

Complimentary Article video surveillance market research 2025
Security

Video Surveillance Market 2025: Ongoing Shift towards Software Drives Growth

The video surveillance industry is undergoing its most significant transformation since the shift from analog to digital. What was once primarily a reactive security tool, cameras recording footage for post-incident review, is evolving into a proactive intelligence infrastructure. The traditional model of video surveillance centered on cameras, on-premise storage and software. That era is coming […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.