GENEVA--(BUSINESS WIRE)--Sensity Systems Inc., the pioneer of Light Sensory Networks (LSNs), was named today as one of the World Economic Forum’s “technology pioneers”, a selection of the world’s most innovative companies. Sensity enables light owners to capitalize on the LED conversion process by embedding sensors, wireless connectivity, and analytics within both retrofit and new LED luminaires. With Sensity’s cloud-based NetSense platform, lighting owners are able to reduce energy and maintenance costs while simultaneously implementing a variety of additional applications and services, including public safety, environmental and weather monitoring, parking management and location analytics.
Sensity was chosen by a professional jury among hundreds of candidates as one of the 49 selected companies. Thanks to its selection, it will have access to the most influential and sought-after business and political network in the world, and be invited to the World Economic Forum’s “Summer Davos” in Dalian, China, this September, or the Annual Meeting in Davos in January.
“We’re glad to see Sensity and CEO Hugh Martin make it to the selection,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “Hugh Martin is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company.”
“Light Sensory Networks take the Internet of Things to the next level, leveraging sensor-equipped LED lighting networks to run non-lighting applications as diverse as smart parking, location analytics and security,” said Hugh Martin, chairman and CEO of Sensity. “Being named a World Economic Forum Technology Pioneer not only recognizes the magnitude and potential of Sensity’s innovation, it also connects us to all the other high-caliber recipients, past and present, who are doing something tangible to help improve our world.”
As in previous years, American-based entrepreneurs continue to dominate the list of technology pioneers: they account for more than two-thirds of the recipients, followed by the United Kingdom (4), Israel and the Netherlands (2), and individual recipients of Canada, Germany, Ireland, Italy, Sweden and Taiwan, China. France and Spain were among the countries not counting a recipient.
The Technology Pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs, venture capitalists and corporate executives. Notable members of the committee include Arianna Huffington (founder, Huffington Post) and Henry Blodget (editor-in-chief, Business Insider). The committee based its decisions on criteria including innovation, potential impact, working prototype, viability and leadership.
Past recipients include Google (2001), Wikimedia (2007), Mozilla (2007), Kickstarter (2011) and Dropbox (2011). More information on past winners can be found here.
For more information regarding this press release, please contact Peter Vanham, Media Lead, Technology Pioneers, at firstname.lastname@example.org or +41 79 620 91 29 or Amy Lee, Media Relations for Sensity Systems, at email@example.com or +1 (408) 841-4120.
The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation in the spirit of global citizenship. It engages with business, political, academic and other leaders of society to shape global, regional and industry agendas.
Incorporated as a not-for-profit foundation in 1971 and headquartered in Geneva, Switzerland, the Forum is independent, impartial and not tied to any interests. It cooperates closely with all leading international organizations (www.weforum.org).