Versatile Awarded as Technology Pioneer by World Economic Forum 2020

Los Altos, CA, June 16th, 2020 

Versatile, a California-based construction technology firm, has been selected as a 2020 Technology Pioneer by the World Economic Forum.

 

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Technology Pioneers community is an integral part of the larger Global Innovators community of start-ups at the World Economic Forum.

 

This year’s cohort selection marks the 20th anniversary of the Tech Pioneers community. Throughout its 20-year run, many Technology Pioneers have continuously contributed to advancement in their industries while some have even gone on to become household names. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

 

“We are honored to be included in this innovative group of companies,” said Meirav Oren, Co-Founder and CEO of Versatile. “As the first construction technology firm to be selected as a Technology Pioneer, we’re especially proud of what this recognition says about the technological progress the construction industry has made overall, and our shared commitment to continually move our industry forward.”

 

Leveraging AI and IoT, Versatile’s CraneView™ captures and analyzes thousands of data points to deliver real-time insights on job site performance. These insights enable safer, faster, and more cost-effective way to build the homes, offices, factories, and other structures needed to thrive in cities, and beyond.

 

“We’re excited to welcome Versatile to our 20th cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “Versatile and its fellow pioneers are developing cutting edge technologies all over the world. Beyond their innovations, these firms are contributing greatly to improving the state of the world.”

 

All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers20

More information on past winners, information on the community and the application link can be found here.

About Versatile:

Versatile, a California corporation, creates technology that gives construction professionals unmatched visibility into their production rates, with zero disruption to their existing processes. The hard data Versatile delivers increases jobsite productivity, efficiency, and safety, and enables future projects to be bid and managed more competitively. Learn more at versatile.ai.

 

About 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 the Global Innovators:

The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. The World Economic Forum provides the Global Innovators Community with a platform to engage with public- and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.

 

Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues.

 

Contact:

 

Chad Hollingsworth                                                

(203) 247-6659                                                                    

chad@versatile.ai

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