Verdigris Wins 2021 Network Sustainability Award

Company receives 10,000 euros third place prize for its AI-driven energy management system

MOUNTAIN VIEW, Calif. – July 8, 2021 – Verdigris, a global leader in real-time responsive energy intelligence, today announced the company has received a 2021 Network Sustainability Award. The inaugural awards honor tech innovators with solutions for renewable energies and network management. Verdigris secured a third place 10,000 euro prize for its AI-controlled energy management platform for intelligent buildings and data centers.

“Building energy waste contributes more CO2 pollution than any other sector of our economy. Verdigris' solution helps to end this,” said Mark Chung, co-founder & CEO, Verdigris. “It’s an honor to be awarded with a Network Sustainability Award and we look forward to working with Deutsche Telekom to make a global impact with real sustainable solutions.”

The Network Sustainability Awards aim to support the startup and business community to create a more sustainable world. The award is organized by hubraum, Deutsche Telekom’s tech incubator, and presented in collaboration with award partners Orange, SK Telecom, Microsoft, and the Solar Impulse Foundation. Verdigris was one of four companies selected as winners from 220 applicants.

Verdigris’ Network Sustainability Award is the latest recognition for the company. Verdigris recently won Gold status in the 2021 Golden Bridge Business and Innovation Awards in the Energy Management category. The company underwent a vigorous review process by a panel of judges and was selected from hundreds of nominated companies from around the world.

Verdigris is an AI-powered smart building management platform that optimizes energy consumption for organizations. With Verdigris, customers have reduced their energy spend by 20-50 percent. Some of the world’s most recognized companies including T-Mobile, Verizon, and Nvidia are using Verdigris to power their most critical facilities, combat wasteful energy usage and improve underlying building reliability.

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.

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