Arena, pioneer of cloud PLM applications, has released the highly anticipated whitepaper “How Energy Storage Will Help Cleantech See More Green,” which provides insightful analysis of why the promise of clean technology depends on energy storage.
The paper reports that — despite a drop in cleantech venture capital investments after the high-profile bankruptcies of 2011 — a litany of innovations and breakthroughs continue to soar. The paper goes on to reference that in May of 2013, Tesla Motors’ announced its first profitable quarter and a high school student invented a storage device that can charge a phone in 20 seconds.
Arena, which has helped a diverse range of leading cleantech companies such as; Sunlink, EnerVault, and SunPower, believes the cleantech industry is at an inflexion point and its best years are ahead. “Cost-effective storage is the single most important factor in deciding the wide-scale adoption of renewable energy,” says Steve Chalgren, Arena’s vice president of product management and strategy. “New advancements in storage technologies are ushering in an era of rebirth and unlimited possibilities in renewable energy.”
This whitepaper leverages third party market research and Arena Solutions’ deep manufacturing insights to inform cleantech executives, investors, policymakers, and complementary technology stakeholders of the diverse types of current and emerging storage technologies – and the impact these innovations have across the entire renewable energy sector. The paper also presents comprehensive growth forecasts across storage’s three main business drivers (consumer electronics, electric transport, and large-scale grid) as well as examines rebounding global investment trends.
Cleantech, electric transport and consumer electronics manufacturers will find interesting the paper’s data-based financial analysis and deep industry insights, which support the perspective that the only hurdle preventing renewable energy from becoming the primary source of electricity in this century’s future is storage. “Being the most established PLM solution provider in the cleantech industry provides us with unique insights in the industry,” says Chalgren. “We believe this paper offers keen insight into the factor’s influencing the growth of cleantech — it’s a must read.”
Having helped many cleantech companies accelerate business results, Arena has also witnessed that a PLM solution can bolster a company’s valuation. VC’s evaluate investment opportunities based on efficient processes and models for delivering products to market faster. “In the cleantech sector, leveraging cloud PLM to manage product data from conception can give you the competitive edge when racing to be first to market,” says Ranjan Prasad VP, Operations & Supply Chain SunLink Corporation. “You have to be faster than the competition to beat them. First movers in this fast moving sector historically have a leg-up on capturing long-term market share.”
As quickly as winds change direction, so shift the investment trends and technology paradigms in the renewable energy sector. “Because of these projects, more cleantech companies realize the need to think strategically to be successful, says Chalgren. A cloud-based PLM solution can help cleantech companies reduce time to market, reduce costly scrap and rework, and allow companies to bring innovative products to market in this dynamic industry. So ask yourself — when opportunity in cleantech knocks — will your business be ready to scale when and where the market demands?”
About Arena Solutions
Arena pioneered cloud PLM applications. The company’s products, including BOMControl, PartsList and PDXViewer, enable engineering and manufacturing teams and their extended supply chains to speed prototyping, reduce scrap, and streamline supply chain management. Arena cloud PLM applications simplify bill of materials and change management for companies of all sizes, and offer the right balance of flexibility and control at every point in the product lifecycle—from prototype to full-scale production. Based in Foster City, Calif., Arena has been ranked as a Top 10 PLM solution and also holds a spot on the San Francisco Business Times’ Best Places to Work List for 2013.
Follow Arena on Twitter: @arenasolutions.
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