SAN FRANCISCO, Oct. 10, 2018 (GLOBE NEWSWIRE) -- Cloudleaf, Inc., an emerging leader in Digital Edge IoT Solutions, today announced its selection to the CNBC Upstart 100, the financial news network’s annual list of “up-and-coming companies breaking industry barriers on the path to becoming tomorrow’s household names.”
The Upstart honorees were scored across a broad range of criteria, including scalability and business growth. Cloudleaf offers the high-magnitude impact on supply chain management of Cloudleaf’s Intelligent Grid, as well as its patented Sensor Fabric™ and Cloud Applications.
Cloudleaf solutions use the power of sensors, edge intelligence and predictive cloud applications to provide real-time insights into supply chain operations. The company’s solutions process more than 100 Million location, condition and path-flow data points per day, generate more than 70 Million predictive insights per week and enable multimillion-dollar annualized savings per year for its enterprise customers.
At a time when global supply chains demand dramatically increased visibility and responsiveness, Cloudleaf has a multibillion-dollar market opportunity at the intersection of two profound shifts in technology & commerce — “Digitization of the Edge” and “Digitization of Commerce.”
The CNBC selection is the most recent recognition Cloudleaf has received this year. So far in 2018, Cloudleaf earned a place on the Supply & Demand Executive SDCE Top 100, was selected as a Gartner Cool Vendor and achieved SAP certification as built on SAP® Cloud Platform.
“It is truly an honor for Cloudleaf to be included in this highly selective universe of CNBC Upstarts,” said Cloudleaf Chief Executive Officer Mahesh Veerina. “With our unique combination of Wireless Sensor Technology, Artificial Intelligence, Machine Learning and Predictive Applications, Cloudleaf is on the cusp of converting our technology leadership into market leadership. As a company, we are working to be the enterprise value chain’s Industrial IoT solution of choice, and it is gratifying to earn such high-profile recognition at this early stage.”
For additional information and to view the complete CNBC Upstart 100 list, visit: cnbc.com/upstart.
About Cloudleaf, Inc.
Cloudleaf is an emerging leader in Edge IoT solutions enabling the digital enterprise. Positioned at the intersection of two major market trends — digitization of both the edge and commerce — Cloudleaf offers Industrial IoT-at-Scale to serve the rapidly increasing demand for visibility and responsiveness in global supply chains. The Company’s solutions are comprised of a mesh of sensors, edge intelligence and predictive cloud applications that delivers a supply chain of unmatched agility, responsiveness and cost-effectiveness. Cloudleaf’s Sensor Fabric™ at the edge, along with its ML and AI cloud engines, grow continuously more intelligent over time: the longer they’re deployed, the smarter they get. With a growing customer base of Fortune 500 companies, Cloudleaf is becoming the IoT solution of choice with unsurpassed time-to-value and ROI.
Cloudleaf, Sensor Fabric, SDTN and other Cloudleaf products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of Cloudleaf, Inc. in United States and other countries. See https://www.cloudleaf.com/about for additional company information.
Media Contact
Nitesh Arora
Cloudleaf, Inc.
+1-415-315-9273
nitesh.arora@cloudleaf.io
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