June 27, 2016

WaterSmart Software Awarded as Technology Pioneer by World Economic Forum

Tianjin, People’s Republic of China, 27 June 2016WaterSmart, the San Francisco-based American company that delivers a cloud-based analytics and customer engagement platform for water utilities, was recognized today as a World Economic Forum Technology Pioneer, a selection of the world’s most innovative companies. WaterSmart empowers water utility managers with actionable insights from a sea of data to help increase customer satisfaction, reduce unaccounted-for water loss, and improve operational efficiency.

A professional jury selected WaterSmart from among hundreds of candidates as one of only 30 companies worldwide. Thanks to its selection, the company will gain direct access to an influential and sought-after business and political network worldwide. Robin Gilthorpe, the Chief Executive Officer, is participating in the Annual Meeting of the New Champions, and many Technology Pioneers will also participate in the World Economic Forum Annual Meeting 2017 in Davos-Klosters, Switzerland.

“We welcome WaterSmart in this group of extraordinary pioneers,” said Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “WaterSmart is among those companies that help shape the Fourth Industrial Revolution, a technological revolution that will fundamentally alter the way we live, work and relate to one another. Through the platform of the World Economic Forum, it will be able to scale and share its technology and achieve a larger impact.”

“WaterSmart is truly honored to be acknowledged as a technology pioneer by the World Economic Forum,” Gilthorpe said. “It is an affirmation that our technology is making a real impact in addressing one of the greatest challenges of the 21st century and beyond – securing clean and reliable supplies of the world’s most precious natural resource. We intend to use this award to take the next step as a company to expand our reach globally through engagement with stakeholders in government and society, as well as in business.”

As in previous years, American-based entrepreneurs continue to dominate the list of Technology Pioneers, with 22 out of 30 recipients. Other selected pioneers come from France (2), Luxembourg (2), and Canada, Israel, Sweden and the United Kingdom. The Technology Pioneers are mostly active in IT, health (medtech), food, energy, environment, financial services (fintech) and production.

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 Jeffrey M. Drazen (Editor-in-Chief, The New England Journal of Medicine) and Sang Yup Lee (Distinguished Professor and Director, Korea Advanced Institute of Science and Technology). 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 Airbnb (2013). More information on past winners can be found here.

All information on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers

About the World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).

About WaterSmart Software

WaterSmart Software provides intelligence beyond the meter to make the lives of water utility managers easier. Water providers using WaterSmart’s cloud-based, customer engagement and analytics platform have been proven to reduce costs, protect revenue, and increase customer satisfaction by more than 25%. WaterSmart recently won the globally coveted World Economic Forum Technology Pioneers Award for their potential to “significantly impact business and society through the design, development and implementation of new technologies and innovation.” Come help us change the way the world uses water. 

Contact

Jeff Lipton, WaterSmart Software – (415-366-8622 x816): jlipton@watersmart.com