Remember Their Names: 5 Companies That Look Poised to Make It Big #1: Britain’s 1E Ltd.
Submitted by EnergyTechStocks.com
It is only the end of the first year of what promises to be a decade-long revolution in how energy is produced and consumed and investors’ radar screens are already brightly lit with dozens, if not hundreds, of companies that appear to have a chance to hit it big. Which are the contenders, not merely the pretenders? Introducing five firms that look like they may be poised to hit it big.
Contender #1 – 1E Ltd., a British company whose software serves to reduce the electricity consumed by Windows operating systems.
As giant tech firms become frantic about the cost (both in dollars and in public image) of being power-guzzling greenhouse gas (GHG) generators, the search is on for ways to run giant data centers more efficiently. Enter 1E Ltd., which last month was lauded by Verizon Wireless for having reduced the electricity consumption of 63,000 managed desktop computers company-wide by 24%, resulting in a $1.3 million annual cost savings, as well as in a 24%, or 7,700 tons, reduction in carbon emissions.
“At Verizon Wireless, we view going ‘green’ as important not only for the environment and our business, but also for our customers,” a Verizon official said, providing a clear indication of 1E’s broad market potential. 1E recently opened a North American office, located in New York City, to serve an expanding roster of clients such as Dell, ING Investment Management, Wachovia and Allstate Insurance.
Like Verizon, Dell used 1E’s “Nightwatchman” software to reduce energy waste by turning off computers overnight, as well as 1E’s “WakeUp” software, which staggers PC wakeup to avoid a power surge at the start of the business day. Dell has said it expects a 40% reduction in energy costs for some 50,000 company desktop and notebook computers, resulting in savings of up to $1.8 million annually.
Not a huge saving, but with power rates expected to soar over the next few years, that saving should grow. Probably more importantly, 1E allows Dell and Verizon to pitch their “greenness” to an increasingly green-conscious society.
