FieldView Solutions’ software is used to monitor over two gigawatts of power by its clientele, which includes single-site operators, as well as six of the top ten banks, five of the ten largest technology and cloud providers, and 15 of the biggest co-location players in the United States, Europe and Asia/Pacific.
“When every minute counts, FieldView Solutions’ proprietary DCIM technology enables clients on six continents to keep critical infrastructure in place, while helping them reduce their carbon footprints,” FieldView Solutions Founder and Chief Executive Officer Fred Dirla, Jr. explained. “We’ve seen how data centers were affected by Superstorm Sandy, and have taken those lessons into the design of our software to monitor and assess the resilience and readiness of data centers.”
FieldView Solutions became the first company to receive financing through New Jersey’s Edison Innovation Green Growth Fund (EIGGF) when it received a $1 million growth capital loan from the New Jersey Economic Development Authority (EDA) in 2012. Funded by the New Jersey Board of Public Utilities (BPU) and administered by the EDA, the EIGGF offers assistance in the form of loans with a performance grant component of up to $1 million to New Jersey class I renewable or energy efficiency clean technology companies that have begun generating commercial revenues and have matching funding to support the growth of their clean technology businesses. With the positive performance of the company, up to 50 percent of the funding may be converted to a performance grant.
“New Jersey marked a significant milestone three years ago when it provided FieldView Solutions with EIGGF funding, and we continue to see the benefits of that investment today,” EDA Chief Executive Officer Melissa Orsen said. “We are pleased that FieldView Solutions has been able to leverage this investment to grow its business and expand its global customer base.”
FieldView Solutions was selected last week as a finalist for NJBIZ’s Business of the Year, and its CFO Tom Edwards is in the running to be honored as NJBIZ’s CFO of the Year. The winner of the CFO of the Year Award will be announced at a breakfast and ceremony on October 9. FieldView Solutions also received the 2015 Corporate Culture Award from SmartCEO New York for fostering a creative and collaborative workplace culture.
@NJEDATech asked Dirla, Jr. about his company’s experience in New Jersey and its plans for the future:
Why did you choose to grow your company in New Jersey?
New Jersey is my home (I grew up in Edison)! New Jersey has so much to offer the entrepreneur: a skilled workforce, supportive, involved business community - the list goes on. We’re driving distance from New York, Philadelphia and Washington DC, and right in the middle of the densest concentration of some of the world’s largest data centers. It’s really the perfect, centrally-located place to establish a business on the East Coast.
How did funding provided through the EIGGF help FieldView Solutions?
The funding from the EIGGF helped us grow when we needed it, plain and simple. It helped us get to the next level. The funding made it possible to hire much-needed staff in development, marketing and other areas. We couldn’t have grown the way we did without those additional hands and minds.
For example, the funding made it possible for us to commission research among our customers that documented how FieldView software helped them save -- in some cases millions of dollars a year. The research helped us quantify what we’ve been saying since we established the company – that our DCIM solution can help customers save energy, manage their facilities better, and conserve space to delay expensive build-outs. Other FieldView marketing materials were based on that research, which we believe really helped us reach out to a bigger and more diverse client base.
What is your company’s biggest success to date?
First of all, I’m most proud of our customers and our employees. We are a hard-working, skilled and fun bunch of people who really enjoy being together and are stoked about the work we do. We believe in the product and each other, and we believe that work should be fun or you’re doing something wrong. Our company culture encourages cooperation and participation, and we’re so pleased that our employee turnover has been so low. People want to make FieldView their home away from home.
We refer to ourselves as the “FieldView Family.” I’m so proud that it really feels that way to people. Our FieldView Family extends to a customer base that’s a “Who’s Who?” of international household names: banks, financial institutions, co-location and cloud providers, research institutions and more trust FieldView Solutions software to manage their mission-critical data centers -- monitoring 2.5 Gigawatts of power for customers on six continents. Not bad for a small, scrappy, startup upstart from Jersey that competes against three Fortune 100 companies, as well as numerous West Coast startups that were able to secure as much as ten times the funding we did!
What are FieldView Solutions’ plans for the near future?
We’ve got great momentum right now. We’ve experienced steady growth during our first six years in business and we’d like to continue to grow and expand our client base, while keeping our present clients happy.
We launched a new version of our software this year, FieldView 2015, with terrific new features. We’d like to continue to provide, and continue to improve, what we believe to be the best DCIM product out there, with the cooperation and feedback of our clients. Through our Customer Advisory Council, we give our customers the opportunity to tell us what features they’d like added to our software, what they’d find helpful and what their experience has been. There’s really nothing like direct feedback from people who use the software every day.
We’d also like to continue to improve our already outstanding customer service. And we dream about the next challenge to come down the pike…
For further information about the EIGGF and additional resources available to New Jersey technology businesses, visithttp://www.njeda.com/tls and follow @NJEDATech on Twitter and LinkedIn.