1. How to Be a Successful Smart Grid Company: Diversify

    How to Be a Successful Smart Grid Company: Diversify

    Looking outside the larger publicly traded smart grid vendors, it is worth mentioning that a great deal of innovation and activity is still apparent in the smart grid startup arena. Take, for example, the distributed generation market, where energy storage is often seen as the holy grail, and vendors such as Xtreme Power are shifting their business models to focus on core competencies, indicating a sophistication of the value chain in that space ... By letting go of the most capital-intensive part of its business -- building, selling and financially backing its batteries and focusing on the software side of the market ...

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