Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Powerit Solutions Raises $5.5 Million in Series C Financing

Powerit Solutions, the leader in energy demand management automation for industrial businesses, today announced the completion of a $5.5 million Series C growth financing round. The round includes an initial $3 million in April of this year and an additional $2.5 million investment that closed in late November.

The investment will support Powerit’s ongoing work with strategic partners to integrate its product, Spara EMS®, into the industrial automation, utility, and smart grid infrastructure. It will also fund the completion of a cloud platform launching in 2013. Finally, it will allow Powerit to expand its reach in the European market. Four institutional investors from previous rounds participated, with Black Coral Capital leading as it did in the Series B round.

“Our investors are excited about Powerit’s expansion of strategic partnerships as well as the upcoming launch of Spara into the cloud,” says Kevin Klustner, Powerit CEO. “We are pioneers in our field, and our hundreds of existing installations and active collaborations with utilities, OEMs, and system integrators are enabling us to help industrial facilities worldwide effortlessly control energy use for savings and sustainability.”

A noted leader in automated demand response, Powerit Solutions now manages an estimated 571 megawatts of electrical load in North America. In October, Powerit earned a spot on the Global Cleantech 100 list as one of the 100 most promising private cleantech companies in the world. Later that month, Powerit announced sales partnerships with four leading U.S. automation distributors that together have billions of dollars in sales in 20 states.

The new funding will enable Powerit to:

  • Expand strategic relationships with its industrial automation, utility, and smart grid partners in North America and Europe
  • Launch the Spara cloud product
  • Pursue expansion in the European market

Powerit’s new cloud platform, a focus of research and development throughout 2012, will be unveiled early next year. SparaHub™ will provide real-time pricing and demand response event data for each user’s market and give users seamless integration with utility programs. The hosted platform also will allow partners to easily integrate Spara into their solutions and will provide aggregate data enabling users to benchmark their performance against their industry.

“Powerit is uniquely positioned in the industrial automation market as the last mile linking facilities to the smart grid, so they can tap into savings and ever-more sophisticated demand management strategies,” says Rob Day of Black Coral Capital. “And potential energy savings in the industrial market are still largely untapped. Spara is on track to be a key technology in this huge sector as energy prices continue to rise.”

“We believe the company’s ongoing work with strategic partners will accelerate when SparaHub comes online,” Day adds. “We also like the fact that Powerit has a strong base for expansion in Europe.”

About Powerit Solutions

Powerit Solutions is a Seattle-based international cleantech company that sets the demand management standard. Its Spara EMS® technology links industrial facilities with the smart grid so customers can effortlessly control energy use for savings and sustainability. Spara uses sophisticated algorithms, built-in load-shedding intelligence, and data drawn from equipment, electricity meters, and utility transmissions to optimize facility energy use—without compromising production or quality. For more information, visit the Powerit Solutions website.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution ...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT as...
Cloud Foundry open Platform as a Service makes it easy to operate, scale and deploy application for your dedicated cloud environments. It enables developers and operators to be significantly more agile, writing great applications and deliver them in days instead of months. Cloud ...
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is a...
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

NEW YORK, Sept. 30, 2014 /PRNewswire/ -- ARK Investment Management (ARK) is pleased to announce t...