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Just 2 months after the signing of a strategic partnership between energy intelligence and software firms Opower and FirstFuel, the companies claim to be feeling the benefits already. The partnership signed in September this year, brought together Opower, who provide cloud-based software for the utility industry, and FirstFuel Software, provider of commercial energy intelligence. Combined, the firms provide a package to serve all customers across residential, commercial and industrial sectors. Third quarter financials were above expectations and Opower CEO Dan Yates said during his company's earnings call that a "major expansion" was also finalized during the third quarter 2014. Opower’s largest market remains the U.S. but recent growth has been seen overseas and with gas utilities, as well as cross sales with existing customers. International sales made up 16% of third quarter revenue, a figure that the company foresees growing to 50% in the long term. Within the U.S., however, Opower also sees significant room […]
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This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
In this Research Note, we examine UrbanChain, a Manchester, UK-based startup recently named the 3rd fastest-growing UK technology company by Deloitte. The company is positioned as a provider of peer-to-peer energy services, enabling the rollout of renewable energy in commercial and industrial facilities to happen much faster. We review the company’s growth, external funding, and […]
In this Research Note, we examine Wavelynx Technologies, a Broomfield, Colorado-based vendor providing mobile-first identity and access control solutions. We take an in-depth look at the origins of the firm, its product portfolio, ownership, growth, regional expansion, and recent partnerships. Wavelynx Origins Wavelynx Technologies was founded in 2013 by Hugo Wendling, who had co-founded XceedID […]
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