Lexington, MA – January 29, 2018 – FirstFuel Software, the global leader in business customer engagement for utilities, today announced that it has been named to the prestigious 2018 Global Cleantech 100, produced by CTG (Cleantech Group). Selected from 12,300 nominations, FirstFuel was recognized as one of 100 private companies with the highest potential to make a significant market impact in the next 5-10 years.
FirstFuel’s business customer engagement platform offers utilities the intelligence required to improve customer satisfaction, drive sales and revenue and reduce service costs. More than 30 energy providers across North America and Europe rely on FirstFuel to perform advanced analytics on more than four million meters. FirstFuel has emerged as a critical component of utilities’ business strategy.
“Businesses represent 60 percent of utilities’ load, so it’s incredibly important that utilities have the intelligence to best engage them,” said Swapnil Shah, CEO, FirstFuel Software. “Our platform gives utilities the technology and insights needed to advise their business customers from small to large – whether they want to cut energy use, convert to efficient electric equipment, or simply become more strategic about their energy use. We are honored that the work we’ve done has been recognized by CTG for a second consecutive year, and look forward to more innovation in 2018.”
The Global Cleantech 100 represents the most innovative and promising ideas impacting the future of a wide range of industries. The list is collated by combining proprietary CTG research data with weighted qualitative judgments from hundreds of nominations and specific inputs from a global 86-person Expert Panel. The panel is comprised of leading financial investors and representatives of multi-national corporations and industrials active in technology and innovation scouting across Asia, Europe and North America.
This year, nominated companies from 61 countries were weighted and scored to create a short list of 312 companies. Short-listed nominees were reviewed by CTG’s Expert Panel, resulting in a finalized list of 100 companies from 18 countries.
“The ongoing mainstreaming of clean technology solutions and the rise in their strategic importance was evidenced by an unprecedented burst of recent M&A activity,” said Richard Youngman, CEO, CTG. “For the first time, now in its ninth year, four of this year’s Global Cleantech 100 companies were acquired by multi-nationals between the striking of the final list (in September 2017) and its official release today (in January 2018). More will surely follow if this set of companies achieve even half of their anticipated impact.”
The complete list of 100 companies was revealed on January 22nd at the 16th annual Cleantech Forum San Francisco. For complete information on FirstFuel’s leadership within the cleantech space, access i3 by visiting i3connect.com, CTG’s leading market intelligence platform, and searching for FirstFuel Software. The complete list is accompanied by a full report with commentary and insight on the 2018 Global Cleantech 100.
About FirstFuel Software
FirstFuel Software is the global leader in business customer engagement for utilities, using advanced analytics to help 30 energy providers in North America and Europe improve business customer satisfaction, drive sales and revenue, and reduce service costs. Combining data science, building science, and software, our business customer engagement platform derives intelligence from over 4 million meters, transforming energy providers into trusted advisers to their business customers. Our SaaS solutions deliver accurate, insightful, and cost-effective results at scale. Founded in 2010 and privately held, FirstFuel is headquartered in Lexington, MA. For more information about FirstFuel, please visit www.firstfuel.com and follow us on Twitter @FirstFuelSW.
Version 2.0 Communications for FirstFuel
Kristen Leathers, 617-426-2222
About Cleantech Group
Founded in 2002, the mission of Cleantech Group (CTG) is to accelerate sustainable innovation. Our subscriptions, events and programs are all designed to help corporates, investors, and all players in the innovation ecosystem discover and connect with the key companies, trends, and people in the market. Our coverage is global, spans the entire clean technology theme and is relevant to the future of all industries. The company is headquartered in San Francisco, with a growing international presence in London.
Our parent company, Enovation Partners, one of Consulting Magazine’s 2017 Seven Small Jewels, is based in Chicago (learn more at www.enovationpartners.com).
Tel: +1 (415) 233-9714