|By PR.com Newswire||
|November 27, 2012 06:00 AM EST||
New York, NY, November 27, 2012 --(PR.com)-- Rentricity Inc., a renewable energy company that generates electricity from untapped pressure in drinking water pipes, was selected as "Best in Renewable Energy" at the 2012 Cleantech Open Global Forum, held in San Jose, California on November 8th and 9th. Additionally, it was selected as Runner-Up for the event’s Grand Prize.
Rentricity earns the distinction of being the first New York-based startup to advance to the Cleantech Open Global Forum, after having won the Northeast Regional Finals. Now, it has become the first NY-based startup to win "Best in Renewable Energy," and place second for the Grand Prize. “This award recognizes Rentricity’s development in several areas, including its intellectual property portfolio, strategic partnerships, and new project financing capabilities," said Frank Zammataro, Rentricity Founder & CEO. "Furthermore, it validates in-pipe hydro as a renewable energy category on par with wind and solar, distinguishes Rentricity as the premier in-pipe hydro technology company, and endorses the company’s business model as an attractive, promising investment to the investment community.”
Indeed, this well-deserved award marks the culmination of an auspicious year for the Company. During 2012, Rentricity earned its highest revenue growth ever, in part through the installation of projects with American Water and California Water Services Group. The company also strengthened its intellectual property portfolio through the filing of three new patent applications related to its core business. Additionally, 2012 marked the beginning of an exclusive relationship with Xylem Inc., formerly ITT Corp., to support the development of its new product line, the Sustainable Energy and Monitoring Systems (SEMS). Finally, due to Rentricity’s exceptional in-pipe hydro project economics, it has recently secured agreements with multiple project financiers, ensuring the development of systems that would have previously stalled due to municipal budget issues. These developments were instrumental in helping Rentricity generate the momentum necessary to win at the Cleantech Open.
The Cleantech Open is the premier startup competition for renewable energy companies. Of the 380 total applicants for the competition, Rentricity was the second-highest rated company in the entire competition. “Twenty-twelve was a landmark year for Cleantech Open Northeast, with our largest and most geographically diverse group of applicants and finalists, an incredibly talented group of mentors, and our most rigorous accelerator programming to date,” said Alexandra Adler, Northeast Regional Director of the Cleantech Open. “Rentricity's win at the Global Forum demonstrates the great business ideas coming out of our region and the strength of the Northeast cleantech community supporting these entrepreneurs.”
About Rentricity Inc.
Rentricity Inc. is the nation’s leader in producing smart, renewable energy hydrokinetic applications for drinking water, industrial water systems, and wastewater systems. The company is headquartered in New York City, supported in part by the New York City Accelerator for a Clean & Renewable Economy (NYC ACRE). (www.rentricity.com)
About The Cleantech Open
The Cleantech Open is the world’s largest cleantech accelerator and is dedicated to providing entrepreneurs and technologists the resources needed to launch a successful cleantech company. Our mission is to find, fund and foster entrepreneurs with big ideas that address today’s most urgent energy, environmental, and economic challenges. A 501(c)(3) not-for-profit organization, the Cleantech Open provides the infrastructure, expertise and strategic relationships that turn clever ideas into successful global cleantech companies. Over the past seven years, the Cleantech Open has awarded over $5 million in cash and services. During that time, our 581 alumni companies have raised more than $660 million in external funding. Fueled by a network of more than 2,000 volunteers, the Cleantech Open unites the public and private sectors in a shared vision for making America’s cleantech sector a thriving economic engine. For more information, visit www.cleantechopen.com, www.northeast.cleantechopen.com or follow us on Twitter and Facebook.
Click here to read the full story: Rentricity Wins "Best in Renewable Energy" at 2012 Cleantech Open Global Forum
Press Release Distributed by PR.com
The Internet of Things (IoT) is causing data centers to become radically decentralized and atomized within a new paradigm known as “fog computing.” To support IoT applications, such as connected cars and smart grids, data centers' core functions will be decentralized out to the network's edges and endpoints (aka “fogs”). As this trend takes hold, Big Data analytics platforms will focus on high-volume log analysis (aka “logs”) and rely heavily on cognitive-computing algorithms (aka “cogs”) to make sense of it all.
Feb. 26, 2015 07:00 PM EST Reads: 683
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
Feb. 26, 2015 06:45 PM EST Reads: 573
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities. In his session at @ThingsExpo, Gary Hall, Chief Technology Officer, Federal Defense at Cisco Systems, will break down the core capabilities of IoT in multiple settings and expand upon IoE for bo...
Feb. 26, 2015 06:30 PM EST Reads: 666
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
Feb. 26, 2015 06:00 PM EST Reads: 598
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applications - creating more engaging experiences for their customers and boosting collaboration and productiv...
Feb. 26, 2015 05:00 PM EST Reads: 1,112
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...
Feb. 26, 2015 03:30 PM EST Reads: 3,828
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
Feb. 26, 2015 03:15 PM EST Reads: 1,007
Feb. 26, 2015 02:30 PM EST Reads: 2,198
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - is now accepting submissions to demo smart cars on the Expo Floor. Smart car sponsorship benefits include general brand exposure and increasing engagement with the developer ecosystem.
Feb. 26, 2015 02:00 PM EST Reads: 1,565
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, representing a model of how to analyze rea...
Feb. 26, 2015 02:00 PM EST Reads: 1,006
One of the biggest impacts of the Internet of Things is and will continue to be on data; specifically data volume, management and usage. Companies are scrambling to adapt to this new and unpredictable data reality with legacy infrastructure that cannot handle the speed and volume of data. In his session at @ThingsExpo, Don DeLoach, CEO and president of Infobright, will discuss how companies need to rethink their data infrastructure to participate in the IoT, including: Data storage: Understanding the kinds of data: structured, unstructured, big/small? Analytics: What kinds and how responsiv...
Feb. 26, 2015 02:00 PM EST Reads: 2,037
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use cases.
Feb. 26, 2015 01:15 PM EST Reads: 2,749
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, including what it is today, what it might ultimately be, the role of wearable tech, and technology gaps stil...
Feb. 26, 2015 12:45 PM EST Reads: 410
Feb. 26, 2015 12:30 PM EST Reads: 2,128
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
Feb. 26, 2015 12:00 PM EST Reads: 1,692
When it comes to the Internet of Things, hooking up will get you only so far. If you want customers to commit, you need to go beyond simply connecting products. You need to use the devices themselves to transform how you engage with every customer and how you manage the entire product lifecycle. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, will show how “product relationship management” can help you leverage your connected devices and the data they generate about customer usage and product performance to deliver extremely compelling and reliabl...
Feb. 26, 2015 12:00 PM EST Reads: 1,064
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015 at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from ...
Feb. 26, 2015 12:00 PM EST Reads: 1,544
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. Learn about IoT, Big Data and deployments processing massive data volumes from wearables, utilities and other machines.
Feb. 26, 2015 11:45 AM EST Reads: 2,776
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
Feb. 26, 2015 11:45 AM EST Reads: 2,868
The 16th International Cloud Expo has announced that its Call for Papers is open until February 28, 2015. 16th International Cloud Expo, to be held June 9-11, 2015, at the Javits Center in New York City brings together Cloud Computing, APM, APIs, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Feb. 26, 2015 11:15 AM EST Reads: 2,356