Butlr Technologies Awarded as Technology Pioneer by World Economic Forum

BY GlobeNewswire | ECONOMIC | 05/10/22 12:16 PM EDT

SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- Butlr Technologies, a MIT Media Lab spinout founded by Forbes 30 Under 30 entrepreneurs Jiani Zeng and Honghao Deng, was selected among hundreds of candidates as a "Technology Pioneer" by the World Economic Forum. Butlr was recognized for its breakthrough people-sensing platform, which uses thermal sensors and machine learning technology to accurately and anonymously understand human presence and activity indoors.

The spatial insights, occupancy and activity analytics derived from Butlr's platform are used to make data-driven real estate decisions, to improve the occupant experience and run buildings more efficiently. In addition, Butlr's sensors, incapable of capturing PII, are being deployed in senior living care settings for remote monitoring and fall detection applications.

Leveraging the robust and open API,?alongside an overall integration-friendly system architecture, Butlr is part of a large network of innovative partners like GP Pro and Anders + Kern?a cohort that share Butlr's vision of advancing the workplace of tomorrow in a scalable, cost-effective and private manner. Integrations as such allow joint users to optimize the operation and cleaning schedules of their space, provide safer environments to tenants around the globe and access a rich pool of occupancy data through user-friendly and insightful dashboards.

"It is humbling to be selected as a Technology Pioneer alongside some of the world's leading innovators," said Honghao Deng, co-founder and CEO of Butlr. "We envision a world in which the built environment is responsive to its inhabitants, leading to smarter buildings and to people leading richer, healthier lives. We're delighted that our work is gaining global attention and look forward to contributing to the Forum's dialogues in this arena."

"We're excited to welcome Butlr.io to our 2022 cohort of Technology Pioneers," says Saemoon Yoon, Community Lead, Technology Pioneers, World Economic Forum. "Butlr and its fellow pioneers are at the forefront of industries that are critical to solving some of our world's most complex issues today. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world."

Technology Pioneers have been selected based on the community's selection criteria, which includes innovation, impact and leadership as well as the company's relevance with the World Economic Forum's Platforms.

The diversity of these companies extends to their innovations as well. This year's Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The full list of Technology Pioneers can be found here.

All info on this year's Technology Pioneers can be found here:?http://wef.ch/techpioneers22

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

About Butlr: Spun out of the MIT Media Lab in 2019 with offices in Silicon Valley and Boston, Butlr was founded by Forbes 30 Under 30 entrepreneurs Honghao Deng and Jiani Zeng with a mission to make the built environment people-aware. Butlr's People Sensing Platform anonymously infers human presence and activity via its thermal, wireless sensors to deliver rich spatial insights at a fraction of the cost and time of legacy alternatives. Since the recent launch of its platform in late 2021, the company is already working with dozens of top occupiers, landlords and service providers in North America, Europe and Asia, in addition to partners in senior living and retail.

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 Technology Pioneers:

The World Economic Forum believes that innovation is critical to the future well-being of society and to driving economic growth. Launched in 2000, the Technology Pioneer community is composed of 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.

The World Economic Forum provides the Technology Pioneers community with a platform to engage with the public- and private-sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.

Media contact:

Ioanna Sotiriou
ioanna@butlr.io

Related Images



Image: https://cdn.newswire.com/files/x/6d/b1/8e9ab0592418a9dd5364e1604d54.jpg


Image 1: Butlr Technologies


Butlr Technologies





Image: https://cdn.newswire.com/files/x/7e/6d/612d5f3dee0af8fe9b9c5f7e4ea2.jpg


Image 2: Butlr Technologies


Butlr Technologies





Image: https://cdn.newswire.com/files/x/9c/06/e1d38239998fdc1f443f1295224a.jpg


Image 3: Butlr Technologies


Butlr Technologies



This content was issued through the press release distribution service at Newswire.com.

Attachment

  • Butlr Technologies
Image: https://www.globenewswire.com/newsroom/ti?nf=ODUzOTUzOCM0OTA5MDk5IzIyNDgxODU=
Image: https://ml.globenewswire.com/media/ZGE2MmEyMjctMWFmNy00ZTg1LTg5ZTctYzU0ODI1NjI4ZjVjLTEyNTk3Mzg=/tiny/Butlr-Technologies.png
Butlr Technologies
Image: https://ml.globenewswire.com/media/a5b0061f-8ec7-4cba-b723-0de635d3227d/medium/butlr-technologies.jpg

Butlr Technologies
Source: Butlr Technologies

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article