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Redwood Systems Innovation Competition Presentation

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Redwood Systems Innovation Competition Presentation Redwood Systems Innovation Competition Presentation Presentation Transcript

  • Jeremy Stieglitz VP Marketing, Redwood Systems
  • The Lighting Market is Massive… $80 Billion Worldwide : $20 Billion U.S. Commercial Multi-billion-dollar markets in: •  Lamps / Modules •  Other components •  Fixtures •  Controls
 Source: Philips Lighting, 9/24/09 Analyst Day
  • …and LEDs Are Rapidly Taking Share $100B up for grabs over the next 10 years Source: Philips Lighting, 9/24/09 Analyst Day
  • The Energy Footprint in Lighting  30% of electricity in commercial buildings  50% is wasted  Controls solutions are   Too rudimentary-or-   Too expensive, complex  Productivityimpacted by “one size fits all” lighting  Difficult to “see into” or manage Source: 2005 Building Energy Data Book
  • An Entirely New Lighting System AC Power: Driver Distributed drivers at AC each luminaire high voltage Centralized DC: A new way to deliver power DC low voltage
  • 3 Key Innovations: 3 Key Value Props 1.  New Power Architecture: More efficient, lower cost 
 Centralized DC – Networked faster, simpler install 2.  Optimized energy efficiency: 50 - 75% energy savings, Right amount of light at the right measured and verified time 3.  Platform for building intelligence: Rich data on how space is lit, high density sensor grids heated, occupied, powered
  • Executive Team Dave Leonard CEO Former Cisco executive with proven track-record scaling global teams and technologies to multi-$B levels. Networking luminary applying skill-set to new and growing market. Leadership positions at HP, Sun, and Cray. Mark Covaro Jim Sekinger CTO Sr VP Business Highly sought-after Silicon Valley engineering Development & Sales executive. Critical roles in developing major new technologies for Cisco, Sun, and AMD. Decades of experience in starting, Possesses unique set of engineering skills that positioning, and growing sales & BD teams drives Redwoodʼs “system-level” approach. in the lighting and controls industry. Deep M&A experience and global network from his leadership roles at Philips. Jeremy Stieglitz Stewart Findlater VP Marketing VP Engineering Nearly 20 years of experience in Consistently ranked in the top 10% of marketing ground-breaking networking engineering executives at Cisco. and software technologies to global Made a career of delivering significant markets for Microsoft, Adobe, and new technologies on-time and on- Cisco. budget.
  • “Large Internet Search Firm” Results Fluor. On 24/7 Before After 473 kWh1 LED Fluor. 56% On 24/7 Existing
 Controls2 285 kWh LED 275 kWh Redwood 122 kWh 1.  All energy usage on per week basis 2.  Occ sensors + bi-level switch (Title 24); housekeeping include
  • Redwood Systems Summary   Right timing: LEDs present new disruptive digital light source   Right team: 50+ years at Cisco, Sun, Cray developing systems into Billion dollar markets   Strong traction with partners and customers

  • “Thereʼs a way to 
 do it better − find it”
 —Thomas Alva Edison