Ekkono Solutions AB

Ekkono Chosen Red Herring Top 100 Europe Winner

Pressmeddelande   •   Apr 30, 2020 22:53 CEST

April 30, 2020; Last night, on Wednesday 29, the Red Herring judging panel announced its Top 100 Europe winners, recognizing Europe’s leading private companies and celebrating these companies’ innovations and technologies across their respective industries. Ekkono Solutions made the list as the only Swedish IoT startup.

Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising, privately financed companies each year in the European Region. Since 1996, Red Herring has kept tabs on these up-and-comers and were among the first to recognize companies such as Alibaba, Facebook, Google, Skype, Spotify, Twitter, and YouTube. Thousands of the most interesting and innovative companies have graced the Top 100 list over the years.

"For Ekkono, making the Red Herring Top 100 Europe, is a quality seal that marks our transition from start-up to scale-up. As we are all facing challenges due to Covid-19, now is not the time to lay back and wait for better times to come – now is the time to step up and make that extra effort. This award gives the energy and motivation to go the extra mile. Now is also the time for big corporations to invest in innovative projects. Being a Red Herring Top 100 winner gives us further credibility to be their enterprise partner in Smart IoT", says Jon Lindén, CEO and co-funder of Ekkono Solutions.

Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. The companies are being evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. The assessment is complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new businesses in Europe.

"Selecting the top achievers is by no means a small feat, since so many entrepreneurs cross significant milestones so early in the European tech ecosystem. We believe strongly that Ekkono embodies the vision, drive and innovation that define a successful entrepreneurial venture. What differentiates Ekkono from most other innovation companies is that they cover so many verticals. They are in the eye of the storm with their unique edge machine learning technology and the potential is huge. I’m excited to follow Ekkono’s path to further success and innovation", says Alex Vieux, publisher and CEO of Red Herring.

Listed companies are invited to showcase their business to the US market at the Top 100 North America event and compete internationally for the Top 100 Global in October.

Contact

Jon Lindén, CEO Ekkono Solutions

jon@ekkono.ai

+46 70 957 60 06

About Ekkono Solutions

Ekkono is a software company that licenses embedded software and tools to make connected things smart. Ekkono does Edge Machine Learning, which means running Machine Learning at the edge of the network – onboard the connected device. In Ekkono’s case, it is possible to do incremental learning at the edge, which means that the Machine Learning model continuously gets better, but also that it gets personalized as it is fed with sensor data while in production.

Ekkono does machine learning for IoT (Internet of Things). The product, which is the result of 7 years of research at the University of Borås, Sweden, is a programmable embedded software that runs onboard connected devices - Edge Machine Learning. We make connected things smart.