Tag Archive for: awards

November 29, 2022 – Frost & Sullivan recently researched the connected worker solutions industry and, based on its findings, recognizes Augmentir with the 2022 Global Customer Value Leadership Award. The company provides an artificial intelligence (AI)-based connected worker solution for the industrial sector. Augmentir’s leadership brings a legacy of innovation excellence to the company, as its founders have designed and launched some of the best, most groundbreaking, and highly recognized industrial platforms, software, and systems in the market. Augmentir’s combined leadership, legacy, and innovation makes it the partner of choice in the connected worker space.

Read the full report here.

Augmentir’s solution goes beyond its extensive expertise and best-in-class capabilities by establishing customer value as a strategic imperative. Its value proposition delivers rapid return on investment in two to three months, demonstrating high cost-efficiency while scaling up to match customer growth. Its seamless and frictionless approach and focus on fostering close relationships position it as a preferred vendor in the connected worker space, resulting in ongoing trust with customers.

The company works closely with customers during the pre- and post-purchase journey, offering support and guidance to achieve rapid training and increased productivity, creating a positive impact on continuous improvement and bottom line. For the workforce, Augmentir’s solution utilizes a suite of productivity tools and AI-based workforce intelligence to enable work in ways that are specifically engaging, rewarding, safer, and easier.

Samantha Fisher, a Best Practices research analyst at Frost & Sullivan, noted, “Augmentir outfitted its solution with digital tools designed to optimize frontline worker performance and deliver best-in-class results. It targets skills management, digital workflows, collaboration, and knowledge sharing, along with operational intelligence capabilities, to bring end-to-end results to industrial organizations and employees.”

Augmentir focuses on expanding customer value with existing clients and constantly monitors the market for new trends and use cases to help increase client base value. It creates a roadmap that delivers the highest impact and best outcomes, self-sufficiency, and ongoing satisfaction. Augmentir regularly enhances its products to ensure optimal performance, which allows companies to maximize the productivity of frontline operations. It is well-positioned to drive the connected worker space into its next growth phase, thereby growing its market share and sustaining its leadership in the coming years.

“Augmentir incorporates customer-focused strategies, practice implementation, revolutionary technology, and exceptional operational strategies, earning clients’ trust and loyalty and capturing more market share. It offers immense value to customers to solidify its reputation in the market,” said Sebastian Trolli, senior industry analyst in the Industrial Technologies practice at Frost & Sullivan. With its strong overall performance, Augmentir earns Frost & Sullivan’s 2022 Global Customer Value Leadership Award in the connected worker solutions industry.

Read the full report here.

Each year, Frost & Sullivan presents this award to the company that demonstrates excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company’s unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer retention and customer base expansion.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

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About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

About Augmentir

Augmentir™ is the world’s only Smart Connected Worker solution. Augmentir’s software is a complete suite of connected worker tools that helps industrial companies digitize and optimize processes that support frontline workforces from “hire to retire”. Companies in manufacturing, service, energy, and construction leverage Augmentir’s suite of tools to deliver more intelligent skills management, training, collaboration, and on the job support for today’s more dynamic, more flexible industrial workforce. For more information, please visit www.augmentir.com. 

Horsham, PA July 27, 2022 – Augmentir, the provider of the world’s only smart connected worker solution, today announced it has been named in CB Insights first-annual Advanced Manufacturing 50 ranking, which showcases the 50 most promising private advanced manufacturing companies in the world. Augmentir was highlighted in the factory analytics and AI category.

“This initial cohort of the AM 50 includes a wide range of companies at different stages of maturity, product development, and funding. Collectively, they are working on everything from factory analytics and artificial intelligence to industrial internet of things cybersecurity,” said Brian Lee, SVP of CB Insights’ Intelligence Unit. “We’re excited to watch the companies on this year’s list continue to grow and further create operational efficiencies that will have meaningful impact across industries.”

Utilizing the CB Insights platform, the research team picked 50 private market vendors from a pool of over 6,000 companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed hundreds of Analyst Briefings submitted by applicants.

Augmentir’s suite of AI-powered connected worker tools helps industrial companies to deliver effective skills management, training, collaboration, and point-of-work support for today’s more dynamic industrial workforce. Augmentir’s software platform is already being used worldwide by leading industrial companies and organizations, including Colgate-Palmolive, Cisco, Baker Hughes, the U.S. Air Force, and Hunter Industries to digitize and optimize frontline work and deliver significant growth and continuous improvement in the areas of manufacturing, maintenance, service, and quality.

Quick facts on the 2022 AM 50: 

• Equity funding and deals: Since 2017, the 2022 AM 50 cohort has raised $6.9B+ from 369 investors, across 177 equity deals. In 2021 alone, companies in this cohort raised over $3.7B across 46 deals.
• Unicorns: There are 12 companies with $1B+ valuations on the list.
• Global Reach: Twenty-seven of the selected companies are headquartered in the US. Germany and Canada tied for second, with four winners each. Other countries home to at least one winner on this year’s list include India, China, France, South Korea, Finland, Japan, the Netherlands, Norway, South Africa, and the United Kingdom.

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About CB Insights

CB Insights builds software that enables the world’s best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com.

About Augmentir

Augmentir™ is the world’s only provider of AI-based connected worker software. Augmentir’s software is a suite of AI-powered connected worker tools that helps industrial companies deliver effective skills management, training, collaboration, and on the job support for today’s more dynamic, more flexible industrial workforce. Companies in manufacturing, service, energy, and construction leverage Augmentir’s AI in conjunction with the platform’s digital workflow and remote collaboration capabilities to optimize their frontline operations and deliver significant growth and continuous improvement in the areas of performance support, training, and workforce development. For more information, please visit www.augmentir.com.

April 25, 2023 – Frost & Sullivan recently assessed the connected worker solutions industry and, based on its findings, recognizes Augmentir with the 2023 Global Company of the Year Award. The company provides the only artificial intelligence (AI)-powered connected worker platform for the industrial sector. Augmentir has earned an impeccable reputation for delivering unparalleled value by optimizing digital workflows and enhancing quality, performance, and safety. With its exceptional blend of leadership, heritage, and innovation, the company is positioned as a preferred partner in the connected worker arena.

Read the full report here.

Augmentir’s AI-powered connected worker platform enables customers to experience significant enhancements in performance, optimized processes, heightened safety, and increased compliance with regulatory requirements. The platform complements customers’ existing enterprise software solutions, allowing it to integrate seamlessly with existing enterprise systems to optimize end-to-end workflows for a truly connected frontline workforce. Unlike other connected worker platforms, Augmentir’s solution offers a hosted set of integration services to allow deep integration with existing business processes within Augmentir’s software-as-a-service (SaaS) solution. Augmentir continually enhances its customer value, garnering widespread recognition, evidenced by its customer loyalty and accolades from research analysts.

“Augmentir’s solutions are AI-powered at their core; this is a huge differentiation factor as all other competitors’ platforms lack this foundational capability,” stated Michelle Funke, Best Practices Research Analyst, Frost & Sullivan. “The company takes a four-pronged approach to connected work by targeting skills management, digital workflows, collaboration, and knowledge sharing to bring end-to-end results for industrial organizations and employees.”

Read the full report here.

Augmentir’s AI-driven solutions foster a connected workforce, generating extensive data that enables customers to deliver more tailored and precise work instructions and guidance. The technology facilitates more streamlined and effective communication, contributing to ongoing safety and quality improvements. Augmentir’s skills management capabilities, unlike traditional solutions, oversee worker certifications, endorsements, and permits to enhance safety and compliance with government regulations, thereby broadening Augmentir’s market reach and expanding the scope of its functionality. Augmentir sustains strong customer relationships to guarantee ongoing satisfaction and maintain a vital connection to the market, empowering it to respond effectively to emerging trends and pain points.

“Augmentir’s unwavering commitment to customer value, innovation, and quality solutions has propelled its substantial growth, despite recent macroeconomic and geopolitical challenges. The company tripled its revenue last year, acquired dozens of new customers, secured several multi-year contracts with existing clients, and recently announced a new round of funding,” added Sebastian Trolli, Senior Industry Analyst, Industrial Technologies at Frost & Sullivan. For its customer-centric strategies, best practices implementation, and strong overall performance, Augmentir earns Frost & Sullivan’s 2023 Global Company of the Year Award in the connected worker solutions industry.

Each year, Frost & Sullivan presents one Company of the Year Award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

About Augmentir

Augmentir™ is the world’s only Smart Connected Worker solution. Augmentir’s software includes a complete suite of connected worker capabilities, connectors to business systems, and broad extensibility that enable manufacturers to digitize their frontline operations, reduce onboarding time, and increase workforce productivity. Companies in manufacturing, service, energy, and construction leverage Augmentir’s suite of tools to deliver effective skills management, training, digital workflow, and collaboration for today’s more dynamic industrial workforce. For more information, please visit www.augmentir.com.