Redwood Systems Innovation Competition Presentation

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Redwood Systems Innovation Competition Presentation

  1. 1. Jeremy Stieglitz VP Marketing, Redwood Systems
  2. 2. The Lighting Market is Massive… Source: Philips Lighting, 9/24/09 Analyst Day Multi-billion-dollar markets in: • Lamps / Modules • Other components • Fixtures • Controls
 $80 Billion Worldwide : $20 Billion U.S. Commercial
  3. 3. …and LEDs Are Rapidly Taking Share Source: Philips Lighting, 9/24/09 Analyst Day $100B up for grabs over the next 10 years
  4. 4. The Energy Footprint in Lighting  30% of electricity in commercial buildings  50% is wasted  Controls solutions are   Too rudimentary-or-   Too expensive, complex  Productivity impacted by “one size fits all” lighting  Difficult to “see into” or manage Source: 2005 Building Energy Data Book
  5. 5. Driver AC Power: Distributed drivers at each luminaire DC low voltage Centralized DC: A new way to deliver power AC high voltage An Entirely New Lighting System
  6. 6. 1.  New Power Architecture: Centralized DC – Networked 2.  Optimized energy efficiency: Right amount of light at the right time 3.  Platform for building intelligence: high density sensor grids 3 Key Innovations: 3 Key Value Props More efficient, lower cost 
 faster, simpler install 50 - 75% energy savings, measured and verified Rich data on how space is lit, heated, occupied, powered
  7. 7. Executive Team Dave Leonard CEO Jim Sekinger Sr VP Business Development & Sales Stewart Findlater VP Engineering Jeremy Stieglitz VP Marketing Former Cisco executive with proven track-record scaling global teams and technologies to multi-$B levels. Networking luminary applying skill-set to new and growing market. Leadership positions at HP, Sun, and Cray. Decades of experience in starting, positioning, and growing sales & BD teams in the lighting and controls industry. Deep M&A experience and global network from his leadership roles at Philips. Nearly 20 years of experience in marketing ground-breaking networking and software technologies to global markets for Microsoft, Adobe, and Cisco. Consistently ranked in the top 10% of engineering executives at Cisco. Made a career of delivering significant new technologies on-time and on- budget. Mark Covaro CTO Highly sought-after Silicon Valley engineering executive. Critical roles in developing major new technologies for Cisco, Sun, and AMD. Possesses unique set of engineering skills that drives Redwoodʼs “system-level” approach.
  8. 8. “Large Internet Search Firm” Results Fluor. On 24/7 473 kWh1 LED On 24/7 285 kWh Fluor. Existing
 Controls2 275 kWh LED Redwood 122 kWh 1.  All energy usage on per week basis 2.  Occ sensors + bi-level switch (Title 24); housekeeping include 56% After Before
  9. 9.   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
 Redwood Systems Summary
  10. 10. “Thereʼs a way to 
 do it better − find it”
 —Thomas Alva Edison
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