Technical director, company founder, manager and software developer: Inventor Gersch wears many hats and works a lot as a result. The 37-year-old and two co-owners established Caterva in 2013 as a spin-off from Siemens. The company is now part of next47, the new business unit at Siemens that will co-found, coach and fund start-ups. New ideas are to be turned into a business success faster than before by stripping away the restraints imposed by a major corporation.
Caterva perfectly exemplifies how ideas that originated within Siemens but that do not fit neatly into the company’s existing portfolio can be turned into a reality: A portion of Caterva's software was developed by Siemens researchers and then passed on to the new company. The business model: Caterva currently has 65 solar power storage units and flexibly offers power reserves to stabilize the grid. Grid operators are willing to pay handsomely for this service. The storage units can be intelligently controlled like a swarm (or “Caterva” in Latin) and are supplied by photovoltaic (PV) units.