Data innovation company Swiss Vault won the Sustainability Startup Pitch Competition at this summer’s IEEE inaugural SustainTech Leadership Forum.
This year’s inaugural IEEE SustainTech Leadership Forum in San Diego, California was convened around “Buildings and Factories in the Built Environment” and brought together thought leaders and industry change-makers focused on sustainability solutions.
Swiss Vault builds software and hardware for sustainable, energy efficient, petabyte scale, active access data management for AI applications and archived storage in data centers and edge facilities. Their platform allows more data to be stored using less space while reducing energy consumption, electronic waste, and capital and operating expenditure costs by 50% for long-term data storage.
“We are thrilled to be IEEE SustainTech’s first winner of its Leadership award – particularly because the IEEE represents engineering visionaries and leaders that are building our modern digital world,” said Bhupinder Bhullar, Swiss Vault CEO and Co-Founder. Swiss Vault won over the jury judges and also took Audience Choice at the pitch competition.
“The World’s data is growing at an astonishingly high rate, and we need to address the demand for construction of data centers, energy, infrastructure with more efficient solutions,” said Farzin Shadpout, Managing Director of San Francisco Ventures and member of the IEEE SustainTech Program Leadership Board. “Swiss Vault presented game changing technology solutions that reduce energy, materials, and can change the way we manage data.”
Swiss Vault received a $2,000 cash award and will be featured in IEEE Computer Society’s Tech News, as well as four top IEEE publications.