Vik Chaudhry
- Co-Founder, CTO, and COO at Buzz Solutions
GetLatka interview
How Buzz Solutions Reached $600K Revenue with 3 Utility Customers in 2022 (Interview with Co-Founder and CTO Vik Chaudhry)
Vik Chaudhry (Co-Founder, CTO, and COO of Buzz Solutions) spoke to Nathan Latka on April 13, 2022.
Buzz Solutions figures from the interview
- Revenue (2022)
- $600K
- Total Funding Raised
- $2.4M
- Customers (2022)
- 3
- Team Size (2022)
- 12
- Engineers (2022)
- 8
“So our customers are power utilities and power companies, so major utilities in The US and Canada, and also recently we started working with a few utilities in Australia. So we are growing our customer base, and this is a big need in terms of grid infrastructure, improvement and transformation and modernization.”
“We have seen a range. We have seen somewhere in the range from $200,000 ARR, which is annual recurring revenue, to even $1,500,000. So, we recently won a contract of $1,500,000 with a major utility in The US and it's a multi year contract.”
“So on a regular basis, they would, you know, somewhere around, you know, less than thousand miles of lines, but they do have, you know, other sites on there like substations and critical towers that they want to manage as well, it varies. We have done projects ranging from, you know, 200 miles of line inspections to even, as I was saying, 2,500 miles, and it can go even above that.”
Bio
Vik Chaudhry is the Co-founder, Chief Technology Officer, and Chief Operations Officer at Buzz Solutions. Prior to launching Buzz, he was leading Machine Learning and AI teams at Cisco Systems. He graduated with a Master’s degree from Stanford University, focusing on energy engineering and machine learning and AI technologies for the energy sector, specifically in smart grid technologies, clean energy technologies, and energy efficiency.