Welcome!

@ThingsExpo Authors: Elizabeth White, Zakia Bouachraoui, Pat Romanski, Liz McMillan, Yeshim Deniz

News Feed Item

Enlighted Appoints Joe Costello Chairman and CEO

With a Track-Record of Building Billion Dollar Companies, Costello to Lead Enlighted Through Period of Hyper-Growth as It Brings the Internet of Things to the Workplace

SUNNYVALE, CA -- (Marketwired) -- 07/16/14 -- Enlighted, the company bringing the Internet of Things to the workplace with its smart sensor network and lighting control, today announced that it has appointed former Cadence CEO, Joe Costello, as its chairman and CEO.

"I have known Joe for years and admire his strategic vision, connection to customers and extraordinary leadership," said John Doerr, general partner at Kleiner Perkins Caufield & Byers. "I could not be more thrilled that Joe is leading Enlighted in the booming Internet of Things. Joe will accelerate the Enlighted team's success serving the world's leading tech-savvy and energy conscious companies."

Costello was the CEO of Cadence Design Systems from its inception until it became the largest electronic design automation (EDA) company in the world with over a billion dollars in annual revenue. In recognition of his service, Costello was awarded the Phil Kaufman award, the highest accolade in the EDA industry, in 2004. Costello has also served on the board of directors of dozens of companies, including Oracle, Macromedia, Clarify and Mercury Interactive.

Costello joins Enlighted on the heels of its best quarter in the company's history. Enlighted's technology has now been deployed in more than 45 million square feet of office space -- of which 11 million square feet was installed during the second quarter of this year.

Enlighted provides people-smart energy efficiency solutions for commercial environments based on its innovative Enlighted sensor and analytics platform. The Enlighted system securely and anonymously collects and mines unique environmental, occupancy and activity data.

The first application delivered on the Enlighted platform is the best lighting control system in the market. Enlighted will soon be releasing applications for HVAC optimization, facility management, property management and employee productivity -- and this is only the beginning.

Enlighted customers include several brand name companies, including some of the most innovative organizations in the world, including LinkedIn, Google, AT&T, Barclays and Genentech.

"The Enlighted team has developed phenomenal technology and an impressive roster of customers," said Costello. "The company has shown the commercial real estate market a vastly better way to reduce energy costs and improve workplace productivity using smart sensors and data analytics for advanced lighting control. What customers are finding now is that the Enlighted sensor network essentially gives their buildings brains that can be used for a wide range of applications. Things are about to get really interesting in the workplace."

About Enlighted
Enlighted provides people-smart energy efficiency solutions for commercial environments. Its first application -- advanced lighting control, built on the Enlighted sensor and analytics platform -- saves companies between 50% and 70% in energy costs while tuning individual workspaces for the comfort and efficiency of the people who work in them. Additional applications ranging from occupancy and real estate analysis, to HVAC controls to security services are based on additional data that can be observed and aggregated on the Enlighted Application. For more, visit www.enlightedinc.com.

Media contact:
Melanie Duzyj
LEWIS PR for Enlighted
415.432.2400
[email protected].com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...