Cisco Systems is shelving a home energy management console and building energy software as it retrenches to its core networking business in the smart-grid area.
Cisco had developed a Home Energy Controller, a small console that acts as a dashboard for viewing and managing home energy. It was a high-end device, said to cost several hundred dollars, which was designed to communicate with the utility so consumers could, for example, charge electric cars at off-peak times.
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In a blog post yesterday, the general manager of Cisco's smart-grid business, Laura Ipsen, said that the moves are in response to customer feedback and product trials. "We are refining our strategy so we can most effectively apply our experience and expertise in IP-based communications to the electric, gas and water networks globally," she wrote.
Cisco said it is getting out of the business of making this home energy controller.
(Credit: Cisco)
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