OK....25% is great...ASSUMING you timed it perfectly. Maybe you did, maybe you didn't. This stock is still a POS.
Things you may hear at ELON BOD meeting
"But our website is so pretty."
"It's too bad the world just isn't ready for our advanced solutions."
"You mean we need to earn more than we spend?"
"Don't worry, a new contract is due any day now."
"Can I get some more of those stock options?"
"Smart Grid? I thought we made toasters."
"Don't worry, you can trust the Chinese."
"How many Echelon engineers does it take to remotely control a lightbulb?"
"There are like a bizillion streetlights in the world. At $2 each that's....wait does anyone have a calculator?"
Yeah...I'm with you. Too bad Echelon didn't invent and sell the Furby. The Furby probably sold more units and at a better margin than NES:)
New U.S. Department of Defense Criteria Incorporates LONWORKS® Technology for Open Utility Monitoring and Control Systems
I wonder what this means in terms of revenue?
Good News: Pretty good potential for revenue in China starting in 2013.
Bad News: Lots of competition everywhere, margins will likely shrink and the UK doesn't appear to be open to Echelon.
Sweden has been able to provide rich benefits to their citizens because 1)they are a tiny country 2) until recently they have had a homogeneous population 3) they can offer those rich benefits because they have massive revenues from oil production (huge % of GDP).
Not a valid comparison with the US. Socialism doesn't work anywhere else. I imagine it won't work in Sweden in the near future due to changes in demographics.
I could live with 60% market share for Echelon:) ________________
Is Cisco Too Late for the Smart Meter Market?
The big question facing Cisco and Itron is: are they too late to reap the spoils of their end-to-end IP smart meter plans? Cisco has said it wants a minimum 40-percent market share in the smart grid networking field. Whether it can see its way clear to achieving that in the smart meter space remains unclear.
What you talkin bout Willis:
“Verizon Wireless (News - Alert) supports Echelon in its effort to provide smart grid infrastructures that allow utilities to leverage existing, reliable, wireless networks instead of burdening rate-payers with private backhaul networks,” Aparna Khurjekar, executive director of Business Solutions at Verizon Wireless. “Making such a field-proven, reliable system like Echelon's available to customers using our network is a great addition to the solutions we offer in the smart grid market.”
What you talkin bout Willis? Do you know what ROI means?
"We couldn't be more pleased with the early results of our new street lighting deployment," said Miklos Gantz, vice-mayor of Brasov. "We have cut our energy costs by nearly 30 percent without even changing the existing lamps or ballasts. Based on this success, our plan over the next three years is to deploy this solution for the entire Brasov street lighting system, which includes 18,000 luminaries."
Here is why Echelon, IMO, is a beter investment than ITRI and why they are working to be the "Andriod of the Smart Grid". Note that he NES system, specifically the COS software, allows for other companies to develop applications that can provide value to the utility. Without COS, the utility can't effectively manage load when electric cars, solar panels etc are connected to the grid. The solution is meter indpendent. A utility using ITRI's meters would still want to use COS. From Echelon's website:
"....meshed RF grid solutions rely on proprietary communications technology that limits a utility's choices once the solutions are deployed. And AMI or AMR solutions are purpose-built silos of functionality.
The NES System has no such limits. To ensure maximum flexibility for future upgrades and expansion, the system is based on open, international networking standards at every level — enterprise system software, WAN, and meter.
•The COS software platform enables open app development, the integration of existing metering systems, and the addition and integration of new technologies like electric vehicles.
•Intelligent distributed control that's local to consumers leverages both medium-voltage assets like reclosers and capacitor banks, and low-voltage assets like smart meters to provide localized, edge-of-the-grid stability, reliability, and responsiveness.
•IP-based WANs easily integrate with the NES System regardless of type, from WiMAX to GPRS modem to BPL.
•The NES System ensures that a utility can provide HAN and, through the utility enterprise, use existing and emerging hardware and software standards such as ZigBee.
•COS management software deploys, manages, and updates apps and manage millions of meters and other utility assets."
@gps - why doesn't every company create a mobile device operating system? 1) there are already two market leaders 2) they don't have the expertise.
Echelon is to the smart grid like Android is to the mobile device market.