Energy crisis have increased the demand of smarter, more efficient electronic devices which could help to save the energy. With huge government investments in the field and ever-increasing demands, companies, like Tendril Networks, which are striving to provide this technology are going to become the giants of world’s industry.
Economic history tells us that in every recession some major booms bloomed. In 1870s, scientists achieved a milestone in the field of communication by inventing telegraph and phonograph. During the recession of 1958, integrated circuits were invented which brought a revolution in the electronics industry and then came the recessionary years of 1980s when super computers came and conquered by completely transforming the computing technology. They say that history repeats itself and there are signs of emergence of new industrial booms in the current on-going recession too, and this time it’s not computers or telephony but efficient electronic devices.
For years, the scientists were devising methods to distribute and consume energy efficiently, and according to the latest updates from the Silicon Valley small devices, called grids, are being manufactured which use the energy efficiently and smartly. It’s been predicted that these devices will bring the next economical boom. Some recent signs of this boom could already be seen at Tendril Networks where the number of employees has TRIPLED in past few months.
Tendril Netwroks is a software company which has developed the software to link these smarter devices with electronic utilities in our homes and offices. This software when combines with the ‘small grids’ helps the electronic devices to consume the electricity resourcefully. This emerging technology is the Next Big Thing of this decade and the demand for this technology is already increasing. The manufacturers of this technology are definitely going to cash big and emerge as big shots in the world industry. The CEO of Tendril Networks says that the company is aiming to make a sale mark of $4.5 million this year. He is also hoping that the increased demand will help them grow fast. ‘Big, Google-sized companies are going to be born in this era, and we hope to be one of them,’ says Adrian Tuck, CEO of Tendril Netwroks.
Companies like Tendril Networks are going to get federal investments as well which will help them grow as huge industries. It has been hence predicted that the present recession will also see an economic boom very soon.
Tendril Networks
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