UrsaLeo Wins Coveted Innovation of Things Award at IoT World Startup Elevate

San Francisco — June 5, 2019 —UrsaLeo, an enterprise-grade, cloud-based industrial IoT platform for manufacturing, today announced that the company has been honored with the 2019 Innovation of Things Award. The prestigious prize was awarded May 25th at IoT World’s Startup Elevate conference. Winners were selected from five categories to compete for the grand prize on the main event stage. The ten Judges came from across the tech and investment industry and received a 5 min presentation with another 5 mins for questions. Startup Elevate is an exclusive startup program and community bringing together investors and more than 100 innovative startups disrupting the tech scene. Held at Internet of Things World, Startup Elevate takes place at the leading and most comprehensive IoT expo and conference with 12,500+ IoT professionals.

“This distinction not only validates our vision for how IoT and the cloud will transform manufacturing and Industry 4.0, it also comes from the most prestigious IoT event globally,” said John Burton, CEO of UrsaLeo. “We see enormous disruption and change coming to Industrial IoT driven by a new wave of technology such as low cost single board computers and neural network AI devices that can be deployed inexpensively at the edge. We are positioning ourselves to be the cloud platform that brings that technology to the market in an easy to use, secure and scalable fashion.”

About UrsaLeoUrsaLeo provides an enterprise-grade, cloud-based industrial IoT platform for manufacturing. The UrsaLeo Cloud platform enables businesses to securely connect, analyze and act on data delivering improved operational efficiency, reduced costs, and access to new revenue streams. At a fraction of the cost of legacy systems, manufacturers can easily develop and deploy industrial applications at the edge and in the cloud. As a Google Cloud and SaaS partner, the UrsaLeo Cloud platform securely connects millions of globally dispersed devices and scales automatically in response to real-time changes. UrsaLeo was founded by manufacturing and software engineering experts averaging 25 years of industry expertise. For more information visit http://www.ursaleo.com.