Verdigris Joins Qualcomm Smart Cities Accelerator Program to Advance Adoption of Smart Energy Solutions

MOUNTAIN VIEW, Calif. – December 17, 2021 – Verdigris Technologies today announced that it has joined the Qualcomm® Smart Cities Accelerator Program to help advance the development and adoption of smart energy solutions, particularly in smart buildings through smart energy technology. Verdigris brings a unique energy intelligence solution which is an excellent application of AI, cellular connectivity, and IoT technology for the purposes of monitoring, reducing and managing energy consumption down to the circuit level. Energy waste takes a tremendous toll on the planet, amounting to an estimated 15 percent of carbon pollution globally.

“Qualcomm Technologies is proud to enable a global ecosystem of 400+ Qualcomm Smart Cities Accelerator Program members leading in the deployment of smart cities, spaces and experiences. We are pleased to have Verdigris join the Qualcomm Smart Cities Accelerator Program ecosystem where they will play a role in the implementation of smart energy solutions through the Qualcomm® IoT Services Suite, to support the development of modern and sustainable cities and communities,” said Sanjeet Pandit, Senior Director, Business Development and Global Head of Smart Cities, Qualcomm Technologies, Inc.

“We’ve found great synergy with Qualcomm Technologies in our shared vision of leveraging smart energy technology to solve the pressing energy and climate issues of our time,” said Mark Chung, co-founder & CEO, Verdigris. “We’re proud to join this coalition of companies working together toward the common goal of protecting our planet for generations to come.”

Verdigris is the most advanced energy metering in the world, helping customers reduce their energy spend, meet mandates for energy reduction, and achieve carbon reduction goals. The company is actively engaged with leading cellular operators, technology partners, and city administrators to collectively solve a growing number of energy related issues.

For more information on Verdigris, visit www.verdigris.co.

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‍About Verdigris

‍Verdigris Technologies is a leading AI company that empowers the world’s smartest buildings with data, insights and automation. Through artificial intelligence and IoT-enabled sensors, Verdigris learns and distinguishes the equipment components of commercial buildings, providing rich data streams about critical equipment. Powerful analytics constantly scan this data to find hidden inefficiencies, produce actionable reports and empower building managers to optimize facilities management. Among other honors, Verdigris was named one of the top ten Most Innovative Companies in Energy by Fast Company and selected as the Frost and Sullivan Technology Innovation Leader in the North American AI-based Energy Management and Automation Industry. Verdigris is headquartered at the NASA Ames Research Park in Silicon Valley, California with offices in the US and Taiwan. See verdigris.co for recent press and testimonials. For more information, please contact Media Relations at press@verdigris.co.

Qualcomm is a trademark or registered trademark of Qualcomm Incorporated.

Qualcomm Smart Cities Accelerator Program is a program of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm IoT Services Suite is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.