This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

JouleX Achieves Major Milestones And Record Revenue Growth For 2012

ATLANTA, Jan. 17, 2013 /PRNewswire/ -- JouleX, a leading innovator in enterprise energy management systems for data centers, distributed office environments, and facilities, today announced that it achieved significant major milestones in 2012, including its eleventh consecutive quarter of revenue growth, a compounded annual growth rate of nearly 300 percent since launching the company in 2010. Driving this growth, JouleX added more than 100 new customers utilizing its JouleX Energy Manager (JEM) technology this year, bringing its total customer base to more than 250 and total installations to more than 450 globally.

"The demand for energy, and the increased operational and environmental costs associated with increased consumption is driving companies to act to eliminate energy waste; they simply cannot afford to sit idly by any longer," said Tom Noonan, JouleX president and CEO. "Our customers around the world are taking the lead in the 'Sustainability' Revolution, similar to the prominent roles they played in both the Quality Revolution and the Computer Revolution previously. The unprecedented growth that JouleX has experienced indicates the importance of enterprise energy management solutions as the lynchpins in this transformation. JouleX will continue to innovate to help provide the visibility and analysis required to help them control energy across their web scale enterprises ―from buildings and industrial controls to Data Centers and their distributed IT infrastructure." 

JouleX Energy Manager is the first network-based, agentless energy management system that dynamically measures the energy consumption and utilization of all network-connected devices and systems to provide visibility into power usage across the enterprise and autonomous control policies to help organizations identify and automatically reduce energy waste. Today, JouleX customers are using to technology to reduce energy costs by up to 60 percent.

Significant corporate milestones that have contributed to JouleX's 2012 success include: 

  • 10 customer orders over six figures, and one over a million;
  • Won industry awards including being named a 2012 Computerworld Honors Laureate and 2012 IBM SmartCamp KickStart winner;
  • Added 100 new customers representing global brands such as BMW, Sony, Coca Cola, Equifax, Nestle Water, Schneider Electric, Banco Santander, Danske Bank, Deutsche Telekom;
  • Launched the JouleX-Ready partner program which offers a software development kit (SDK) and certification for for those vendors who want to more tightly integrate their proprietary products with the JouleX Energy Manager platform. To date, 15 partners have joined including IBM, HP, Cisco, Juniper Networks, Raritan, ABB, Canon, and NuLEDs;
  • Introduced a promotion with Cisco offering a free special build of the JouleX Energy Manager with the purchase of a Cisco Catalyst 3K or 4K switch. In three short months, the program resulted in more than 3200 orders for JouleX.
  • Partnered with Deutsche Telekom, Alcatel Lucent, and Zuse Institute Berlin to build the industry's first load-adaptive, software-defined network (SDN).This software-defined network optimizes the use of energy by making dynamic network resource allocations based upon bandwidth and availability needs.

Companies are deploying the JEM technology in distributed offices, data centers and facilities to help reduce energy costs and optimize energy delivery to critical operational assets by monitoring, analyzing and controlling energy usage of all network-connected devices and systems—without the need for installing client-side agents or hardware meters.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs