Press release

World Economic Forum Names Bright Machines a 2019 Technology Pioneer

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Bright Machines™ was selected among hundreds of candidates as one of the World Economic Forum’s 2019 “Technology Pioneers”. Bright Machines was created in 2018 with a mandate to transform the manufacturing industry through software. By applying AI-powered software and microfactories to production lines, Bright Machines is bringing greater automation and intelligence to one of the largest industries in the world.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.

This year’s Tech Pioneers are emerging innovators from a diverse set of industries. These firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The focus areas of this year’s Tech Pioneers include: agtech, smart cities, cleantech, supply chain, manufacturing, cybersecurity, autonomous vehicles and drones. The diversity of these companies extends to their leadership as well, as 25% of 2019 Tech Pioneers are female led. The firms also come from many different regions beyond the United States and Silicon Valley. In fact, this year’s class of 56 firms represent every continent except Antarctica. The full list of technology pioneers can be found here.

“We’re excited to welcome Bright Machines to this year’s innovative class of technology pioneers,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “Bright Machines and its fellow pioneers are leaders in using novel technologies to transform their industries. We see great potential for these next generation companies to shape solutions to global challenges and improve society for years to come.”

“We are honored to be named a World Economic Forum 2019 Technology Pioneer,” said Amar Hanspal, CEO, Bright Machines. “Recognition like this sheds more light on the massive opportunity ahead to reimagine factories for improved productivity, product quality and innovation across industries.”

The Technology Pioneers were selected by a selection committee of more than 59 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact and leadership. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers19

More information on past winners can be found here.

About Bright Machines

Bright Machines brings intelligence to the factory. Its Software-Defined Manufacturing solutions combine AI, machine learning, computer vision and robotic systems to deliver greater automation, flexibility and speed to the process of manufacturing. Production lines around the world rely on Bright Machines to manufacture automotive, computer and electronic products. With more than 400 employees worldwide, the company is headquartered in San Francisco with offices in Seattle and Tel-Aviv. To learn more, visit www.brightmachines.com.

About World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).