Enlighted, a provider of Internet of Things (IoT) solutions for commercial buildings, announced it was named in the prestigious 2018 Global Cleantech 100, produced by CTG (Cleantech Group), whose research and events services keep its audiences and clients in touch with emerging trends, leading innovation companies and all key players in sustainable innovation.
The Global Cleantech 100 represents the most innovative and promising ideas impacting the future of a wide range of industries, according to the players in the market. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, the Global Cleantech 100 is a comprehensive list of private companies with the highest potential today to make significant market impact within a 5-10-year timeframe.
“We are honored to be recognized by Cleantech Group in the 2018 Global Cleantech 100 energy savings sector for the fourth time,” said Joe Costello, CEO at Enlighted. “The Enlighted System is driving the future of Brilliant Buildings™ and accelerating the adoption of the IoT through its app-based technology, which serves as a sensory system for the buildings. The technology serves as a business driver that helps justify the purchase of clean energy, with our GEO™ program allowing customers to pay for the system’s installation through the energy savings they achieve.”
This list is collated by combining proprietary CTG research data, with weighted qualitative judgments from hundreds of nominations, and specific inputs from a global 86-person expert panel drawn from leading financial investors and representatives of multi-national corporations and industrials active in technology and innovation scouting. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
This year, a record number of nominations were received: 12,300 distinct companies from 61 countries. These companies were weighted and scored to create a short list of 312 companies, which were then reviewed by CTG’s expert panel, resulting in a finalized list of 100 companies from 18 countries.
“The ongoing mainstreaming of clean technology solutions and the rise in their strategic importance was evidenced by an unprecedented burst of recent M&A activity,” said Richard Youngman, CEO, CTG (Cleantech Group). “For the first time, now in its 9th year, four of this year’s Global Cleantech 100 companies were acquired by multi-nationals between the striking of the final list (in September 2017) and its official release today (in January 2018). More will surely follow if this set of companies achieve even half of their anticipated impact.”