MOUNTAIN VIEW, Calif., July 17, 2018 (GLOBE NEWSWIRE) -- FogHorn Systems , a leading developer of edge intelligence software for commercial and industrial Internet of Things (IIoT) solutions, announced today that it has been recognized as the 2018 Global Smart Buildings Entrepreneurial Company of the Year by Frost & Sullivan for its strong overall performance, innovation, and customer satisfaction.
FogHorn’s disruptive Lighting™ product portfolio arms smart building owners and operators with sophisticated solution-driven and cost-effective computing technology and data analytics at the edge. With the help of its hyper-efficient complex event processor (CEP) analytics engine, which is equipped with machine learning (ML) capability, FogHorn reduces downtime of building systems and improves its predictive maintenance capabilities.
"Frost & Sullivan is quite impressed with FogHorn Systems, a disruptive start-up headquartered in the US that is leading the edge intelligence space,” said Anirudh Bhaskaran. “With its strong technology, customer roster, and overall company performance, FogHorn Systems has earned Frost & Sullivan’s 2018 Entrepreneurial Company of the Year Award.”
FogHorn’s edge intelligence solution enables high volumes of sensor data from different building systems to be processed, and can do so on highly constrained computing devices—this allows a massive amount of data to be processed on the edge with a very compact footprint. The deployment of FogHorn’s solution yields enhanced data security and reliability for smart building systems, along with improved operational efficiency and safety of these systems. This can reduce the total cost of ownership for building systems by 30 to 40 percent.
FogHorn was selected following a rigorous review process from Frost & Sullivan analysts, which included a thorough evaluation from a panel of industry experts looking at two key factors—Entrepreneurial Innovation and Customer Impact—according to criteria ranging from market disruption, competitive differentiation, and passionate persistence to the customer ownership experience and brand equity.
“The heart of a true edge intelligence platform is a CEP that is purpose built for the technical and economic realities of the industrial edge. Real-time actionable analytics as close to the data source as possible, combined with edge to cloud machine learning, is the predominant architecture being rolled out in smart buildings today for improved efficiencies, reduced energy costs, and better business outcomes,” said David C. King, CEO of FogHorn Systems. “We are proud of our ability to provide this ‘real edge’ intelligence to the smart buildings market and are honored to receive this award and recognition from Frost & Sullivan.”
To read Frost & Sullivan’s report on FogHorn, click here .
For additional information or a product demonstration
Visit the FogHorn website at www.foghorn.io or email info@foghorn.io for a demonstration.
To read more about FogHorn’s solutions, please visit https://www.foghorn.io/technology/ .
About FogHorn Systems
FogHorn is a leading developer of “edge intelligence” software for industrial and commercial IoT application solutions. FogHorn’s software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence use cases. Foghorn’s technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as Smart Grid, Smart City, Smart Building and connected vehicle applications.
FogHorn and Lightning are trademarks of FogHorn Systems. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages more than 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com .
Media Contact
Katie LeChase foghorn@10fold.com 925-271-8214
