LYON, FRANCE and SAN FRANCISCO, CA--(Marketwired - Sep 14, 2016) - The CoSMo Company, a leading technology company helping C-level executives make optimal business decisions, has been named the 2016 EY-Syntec Numérique Innovation Prize winner. CoSMo received the honor at the sixth annual awards event honoring the "Top 250 Software Creators in France," by EY and EY-Syntec Numérique, the French Professional Chamber for Digital Trades.
The Innovation Prize recognizes one company for its innovative contributions to research and development. Previous Innovation Prize winners include: Olfeo in 2015, Scality in 2014 and Commerce Guys in 2013. Three other prizes in the categories of International, Video Games and Prize of the Public are also awarded at the annual event.
CoSMo's unique modeling methodology takes into account the complexities of large enterprises to produce accurate simulations and interconnected insights so C-level executives in the fields of energy, transportation, life sciences and more can predict outcomes and make informed decisions.
"We take a unique approach to modeling and analytics," said Hugues de Bantel, co-founder and CEO of The CoSMo Company. "Beyond relying on historic data, through our methodology we can evaluate scenarios that have never occurred, giving C-level executives reliable insight into the future. These insights are a critical factor in a company's transformation."
CoSMo's game-changing solutions have myriad applications for industries including rail, gas transmission, communication and others where the effective understanding of highly complex environments is essential for growth.
"CoSMo being awarded the EY-Syntec Innovation Prize does not surprise me since their work with GE's Grid Solutions Business on smart energy planning proved to be more than just innovative, but really transformational," said Laurent Schmitt, GE Global SmartGrid Strategy Leader. "CoSMo's unique approach to complex systems through the modelling of system agent interactions, combined with the flexibility of its software platform, allowed us to resolve city infrastructure planning decisions accounting for new citizen adoption models of various energy strategies."
In addition to being named a Top 250 Software Creator in France and the Innovation Prize, the CoSMo Company was also this year named a Gartner Cool Vendor for Data Science.
"We're honored to be recognized as the top software innovator in France by EY and EY-Syntec Numérique," said Michel Morvan, co-founder and executive chairman of The CoSMo Company and CEO of CoSMo USA. "The research and development we do allows us to build robust applications that bring clarity to incredibly complex problems for C-level executives tasked with making the best decisions for their companies."
About The CoSMo Company
The CoSMo Company is a technology company whose unique approach to complex modeling is used to speed the transformation of the world's most complex industries. CoSMo's applications accurately simulate real, uncharted scenarios, providing interconnected insights to help CEOs plan for today and tomorrow.
Global leaders such as RTE, Alstom, GE, Total, EDF, Veolia, SNCF and Sanofi Pasteur already rely on CoSMo to give their C-level executives the information they need to make optimal business decisions in the complex fields of energy, transportation, urban systems and life sciences. Follow CoSMo on LinkedIn and read more on the company blog.