For its portfolio of proven results, keen technology and strong overall performance, Frost & Sullivan recognized Sensative with its 2021 Europe Technology Innovation Leadership Award for the IoT sensors market.
Despite the ongoing push toward sustainability and digitization, various enterprises continue to operate with “dumb” technology. Swedish technology company Sensative AB delivers these benefits through an innovative combination of its Internet of Things (IoT) Yggio platform and its Strips sensors portfolio. When working in tandem, Yggio and Strips enable buildings, homes and cities to address various issues, such as temperature monitoring, leak detection and humidity checks.
Sensative’s success with its IoT solution and positive revenue outcomes continued throughout the COVID-19 pandemic.
“Frost & Sullivan finds Sensative’s Yggio and Strips sensors form an unbeatable IoT duo and pave the way for smart ecosystems on the macro (cities, municipalities) and micro (buildings, homes) scale, opening up further use cases and advancing digitalization,” said Samantha Fisher, best practices research analyst.
According to Frost & Sullivan research, IoT, artificial intelligence and cloud technologies continue to support smart buildings and cities. To this end, properties owners (such as cities, utilities, and real estate) must reclaim data ownership to become data-driven and remain competitive. To meet such needs, Sensative developed various products such as Yggio, a future internet-ware (FIWARE)-compliant platform. This transforms multiple vertical functions to a horizontal business model using Yggio-managed infrastructure and thousands of data-driven services that are connected to application programming interfaces (API).
“Returning data ownership to the customer is a critical differentiator that well-positions the company for success. Frost & Sullivan finds that Sensative offers a robust value proposition that opens up opportunities for various industries and applications,” Fisher added.
Mats Pettersson, CEO of Sensative, said: "More and more customers realize the disruptive benefits that our Yggio platform provides. Building upon existing installed technologies and adding any IoT technology enables our customers to harvest the full benefits of digitalization. Data ownership and control is fundamental, and it is very gratifying that Frost & Sullivan recognizes this as one of our differencing strengths.
“Sensative has a strong position in the Swedish market with Yggio, while our Strips sensors are well-established globally. We are now building upon this solid local position and bringing our technology to Europe and North America," Pettersson continued.
