Ernst & Young LLP (EY US) today announced that Andrew Bruce of Data Gumbo was named an Entrepreneur Of The Year® 2020 Gulf Coast Area Award finalist. Now in its 34th year, the Entrepreneur Of The Year program honors entrepreneurial business leaders whose ambitions deliver innovation, growth and prosperity as they build and sustain successful businesses that transform our world.
Award winners will be announced through a special virtual event on October 6, 2020, and will join a lifelong community of esteemed Entrepreneur Of The Year alumni from around the world. This year, unstoppable entrepreneurs who have provided extraordinary support for their communities, employees and others during the COVID-19 crisis will also be recognized for their courage, resilience and ingenuity.
Entrepreneur Of The Year is one of the preeminent competitive award programs for entrepreneurs and leaders of high-growth companies. The nominees are evaluated based on six criteria, including overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management. Since its launch, the program has expanded to recognize business leaders in more than 145 cities in over 60 countries around the world.
As a leader in oil & gas and beyond, Bruce founded Data Gumbo, provider of GumboNet™, a massively interconnected industrial blockchain network for asset-heavy and capital-intensive sectors. By fostering commercial trust among counterparties through smart contracts backed by the immutable power of blockchain, GumboNet reduces transaction times, costs and eliminates transactional friction. Early on, Bruce recognized the worth of providing a blockchain network that delivers value to customers from day one, as opposed to any single company building its own siloed, stand-alone blockchain installation rife with associated risks, delays and a significant cost of adoption.
“I’m honored to be recognized among other amazing companies and founders in the Gulf Coast region by EY US,” said Andrew Bruce, Founder and CEO, Data Gumbo. “Being named a finalist confirms the tremendous value that Data Gumbo brings by providing transactional certainty in contract execution across global industrial supply chains. I am proud to lead this charge for our company. The growth of our team and strong customer demand is a testament to the need for transformative processes that achieve maximum efficiency and reduce the costs of doing business.”
Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Awards, to be announced in November during a virtual awards gala. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2021.
Entrepreneur Of The Year Award winners become lifetime members of a global, multi-industry community of entrepreneurs, with exclusive, ongoing access to the experience, insight and wisdom of program alumni and other ecosystem members in over 60 countries — all supported by vast EY resources.
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation.
In the Gulf Coast Area, sponsors also include Colliers International, DLA Piper, ADP, LLC, SolomonEdwards, Pierpont Communications and Houston Business Journal.
About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. Winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy
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About Data Gumbo
Data Gumbo provides transactional certainty for tomorrow’s industrial leaders through GumboNet™, a massively interconnected industrial blockchain network. With integrated real-time capabilities that power, automate and execute smart contracts, our network reduces contract leakage, frees up working capital, enables real-time cash and financial management and delivers provenance with unprecedented speed, accuracy, visibility and transparency. Headquartered in Houston, Texas, Data Gumbo has a subsidiary office in Stavanger, Norway. To date, the company has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco, and Equinor Technology Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator. For more information, visit www.datagumbo.com or follow on LinkedIn, @DataGumbo and Facebook.