About Relay Technology
Developer of software products that offer enterprise-wide solutions for PC communications and connectivity. The company has acquired the mobile-computing division of Symmetrical Technologies, a subsidiary of Network Imaging Corporation.
Latest Relay Technology News
Oct 27, 2021
Developed in partnership with Savant Power, a division of Savant Systems, Inc., Schneider Electric will launch the remote-control connected relay in Q1 2022 This new innovation optimizes backup source capacity and provides flexibility and control at the individual circuit level for homeowners Designed as a companion module to the QO Plug-On Neutral breaker, this is the next step in Schneider Electric’s grid-to-plug home energy management solution October 27, 2021 08:05 AM Eastern Daylight Time BOSTON--( BUSINESS WIRE )-- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced development of a remote control relay for launch in Q1 2022. When wired to the QO Plug-On Neutral breaker, this offer will provide industry-leading monitoring and control of the homeowner’s power loads, including configurations to maximize back up power in the event of an outage. This innovation, designed in partnership with Savant Power, adds a new level of control at the branch level to address quickly evolving customer needs while enhancing safety. The connected relay device will enable homeowners to see, monitor and control their home energy at the individual circuit level, all from the Wiser Energy app. With more granular insights on home activity, homeowners will have the ability to take action from anywhere with a richer automation experience. The relays will optimize backup source capacity, notably providing flexibility for homeowners when navigating outages. “With home energy use constantly on the rise, managing demand is more important to potential homebuyers than ever before, in turn giving builders an opportunity to increase the value of their new builds by offering energy management technology,” said Richard Korthauer, Vice President, Home & Distribution, Schneider Electric. “Incorporating this technology at the building stage offers a new step up in load level control to distinguish new homes that minimize energy costs for homeowners in this dynamic energy market and provide new level of energy resiliency and safety at the breaker level.” “Savant Power, a division of Savant Systems, Inc. enables consumers to monitor, control and optimize energy usage, reducing costs and lessening their dependence on an aging grid system,” said Robert Madonna CEO, Savant Systems Inc. “We are excited to partner with Schneider Electric, bringing sustainability and efficiency to every homeowner through intelligent load management. Savant has been leading the smart home industry for over 15 years by automating all pillars of the home including climate, lighting, entertainment, security and now energy all driven by our award-winning software platform.” As the most sustainable corporation in the world , Schneider Electric recognizes the challenge facing today’s homeowners in balancing the increasing need for residential energy, energy resiliency and convenience. The new connected relays will allow homeowners to monitor and control their energy at the circuit level, including electric water heaters, ovens, HVAC systems, or any other circuit. For example, if a homeowner was concerned that they left the oven on after leaving the home, this would allow then to check, then turn that appliance off at the circuit remotely, preventing a potentially dangerous situation. These relays will also help optimize non-utility home energy resources – including solar power, energy storage and generators – in the event of an outage. By creating a virtual configurable critical load panel for each backup power source, available power can be maximized by sending it to only a few priority circuits until the utility power is restored. Automated through the Wiser Energy app, these configurations provide true smart energy management for today’s homeowner. Key features of the new connected relays will include: Load level control capability
Relay Technology Frequently Asked Questions (FAQ)
When was Relay Technology founded?
Relay Technology was founded in 1981.
Where is Relay Technology's headquarters?
Relay Technology's headquarters is located at 1604 Springhill Road, Vienna.
What is Relay Technology's latest funding round?
Relay Technology's latest funding round is Acquired.
How much did Relay Technology raise?
Relay Technology raised a total of $6M.
Who are the investors of Relay Technology?
Investors of Relay Technology include NetManage and Edison Partners.