Why Are Corporate Giants Verizon, Qualcomm, GE Backing Smart Grid Start-Up Consert Inc?

Image via Consert Inc Consert Inc, a smart grid software company, is getting some major backing by big companies. Verizon, Qualcomm, Constellation Energy and GE have pulled together $17.7 million to invest in promoting the company’s software. Currently, Consert has software deployed with electric utilities in North Carolina and Texas, but they’re looking to spread. And the backing by big companies with known names is a sign that corporate cooperation is going to be a big factor in advancing the smart grid so that every tech company can benefit. … Read the full story on TreeHugger

Read more:
Why Are Corporate Giants Verizon, Qualcomm, GE Backing Smart Grid Start-Up Consert Inc?

Related Posts with Thumbnails

Leave a Reply

Your email address will not be published. Required fields are marked *