On January 26, Knewton — along with the 30 other companies selected as 2011 Technology Pioneers — will head to the World Economic Forum’s Annual Meeting at Davos. We can’t wait to touch down in Switzerland’s snowy peaks, but before we do, we thought we’d brush up on the (very impressive) work of our fellow Pioneers.
Each blog post in this series will profile one Pioneer (read the full series here). If you thought those people on the Oregon Trail were cool, prepare to be amazed. Each day we’ll give you a glimpse of what each Pioneer is up to and explain what exactly is so groundbreaking about its mission.
What they do:
Digital Lumens has developed a “smart” industrial lighting system that combines LEDs with high-tech networking and software innovations. The system allows customers to get “100% of the lighting for 10% of the cost”–not to mention 10% of the energy usage! It’s as good a bargain for Mother Earth as it is for your wallet.
Why it’s cool:
Conventional lighting eats up energy, accounting for 20% of the energy footprint of today’s buildings and a whopping $174 billion in electricity costs. That’s one massive carbon footprint. The more widespread Digital Lumens’ environmentally friendly lighting system becomes, the more quickly that footprint will shrink from giant- to baby-sized. And not only is Digital Lumens’ technology ultra-green–it’ll also save you green (as in, dollar bills). Even if you’re not “into” the environment, it’s hard to argue with saving money.