Innovolt
Atlanta-based, Innovolt, offers electronics power protection and management that extends the lifespan of equipment by safekeeping it from common power disturbances that damage electronics. The technology, incubated in the Georgia Institute of Technology Research Institute’s Advanced Technology Development Center, solves a host of power problems that most businesses and consumers are not aware of but are paying for through shortened electronics lifespan, decreased product reliability and increased service calls, related to power disturbances. This patented technology guards against damage from 99.5% of power interruptions, including infinite voltage and current variations.
Compared to surge protection and filtering technologies, this technology offers an effective and affordable solution for the mass-market majority of the world’s electronics suppliers and consumers. The company offers its technology to the Consumer Electronics, Office Equipment, Self-Service, Vending, Gaming, Manufacturing, Appliances, Medical Technology, Telecommunications, Cable & Satellite and HVAC and Control Systems markets.
Company History
Innovolt’s core technology was developed by the company founder, Dr. Deepak Divan, a faculty member at the School of Electrical and Computer Engineering at Georgia Institute of Technology. While working in the Advanced Technology Development Center lab, Dr. Divan developed a microprocessor-driven system to proactively recognize potential power disturbances that damage electronics.
In 2012, Innovolt expanded globally to offer its products in Latin America, Canada and South Africa.
Company Growth
From 2011 – 2012, Innovolt’s revenue increased by 588 percent. Customers include, Ricoh US, Ricoh Canada, Toshiba, Konica Minolta, Katun Corporation, Genuine Source Supply and ECi OMD. In 2012 the company was named as a Top 10 innovative company in Georgia by the Technology Association of Georgia. It was also recognized by the Atlanta Business Chronicle as one of The 50 fastest growing private companies during 17th annual Pacesetter Awards and by Lead411 as a Technology 200 company.