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Reykjavik and San Francisco (March 10, 2020) – Controlant, the leading innovator of real-time, IoT-driven visibility solutions for digitally connected, global supply chains, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative companies for 2020.
The list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s fast-changing world. This year’s MIC list features 434 businesses from 39 countries. Controlant was ranked #7 in the Logistics category.
“We’re extremely proud to be recognized for our efforts to strengthen supply chain quality and logistics processes worldwide,” said Gisli Herjolfsson, Controlant CEO. “Our mission is to ensure consumer and patient safety and reduce global supply chain waste by 70 percent. By providing end-to-end product traceability and facilitating stakeholder collaboration through our technology, enterprises can radically transform their operations and the supply chain as a whole can improve.”
This year, Fast Company’s editors and writers sought out groundbreaking businesses across 35 industries and every region. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a roadmap for the future of innovation across the most dynamic sectors of the economy.
“At a time of increasing global volatility, this year’s list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and beyond,” said Fast Company senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky.
Fast Company’s Most Innovative Companies issue (March/April 2020) is now available online at https://www.fastcompany.com/most-innovative-companies/2020, as well as in app form via iTunes and on newsstands beginning March 17, 2020. The hashtag is #FCMostInnovative.
Controlant is a privately held technology company developing reusable Internet of Things (IoT) hardware, software, and cost-reducing operational services. IoT data loggers remain with temperature-sensitive products, such as vaccines, drugs, and food and beverage products while they travel by air, road, rail, and sea, and during storage. The IoT loggers capture a product’s environmental conditions, including temperature, light events, and geolocation in real-time. Data is automatically sent to a cloud-enabled software platform, where shipment data can be viewed on-demand. Custom analytics provide critical insights into supply chain performance, supporting risk mitigation efforts, and reducing costs and waste.
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Since 2011, Fast Company has received some of the most prestigious editorial and design accolades, including the American Society of Magazine Editors (ASME) National Magazine Award for “Magazine of the Year,” Adweek’s Hot List for “Hottest Business Publication,” and six gold medals and 10 silver medals from the Society of Publication Designers. The editor-in-chief is Stephanie Mehta and the publisher is Amanda Smith. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.
Controlant’s mission is to ensure consumer safety and decrease waste by digitally connecting the end-to-end supply chain. The pay-as-you-go, Controlant Cold Chain as a Service (ChaaS)® solution provides a single source of truth, consisting of reusable Internet of Things (IoT) data loggers that send mission-critical data and insights in real-time to a proprietary, cloud-enabled software platform, and cost-reducing operational services. Businesses are leveraging the improved visibility to collaborate with stakeholders, improve efficiency, support corporate sustainability objectives, and achieve supply chain improvements leading to an annualized value in the tens of millions of dollars.
Controlant is an ISO 9001 company, headquartered in Reykjavik, Iceland with an operational presence in the USA, Ireland, Denmark, Switzerland, and the UK.