Fieldbit Named as Winning Startup in ENGIE Innovation Week

HOD HASHARON, Israel, June 22, 2017 /PRNewswire/ --

Fieldbit, a leader in real-time augmented reality and knowledge capture solutions for field services, today announced it has been named as a 'winning startup' in ENGIE's international Innovation Week. This is the third consecutive year that ENGIE, Europe's leading energy company, has organized a week-long event dedicated to highlighting innovative projects in the energy sector.

Among hundreds of applicants and dozens of finalists worldwide, Fieldbit was recognized as a winner for its Fieldbit Hero augmented reality platform for field services.

Using augmented reality, Fieldbit Hero enables remote experts to superimpose precise instructions on top of the physical machine, guiding the technician step-by-step through complex machinery fixes. Particularly relevant for energy and other utility companies, Fieldbit Hero helps preserve the practical field services knowledge of aging workforces by organically capturing the knowledge created during the service process. This information is then stored in a knowledge base for search, sharing and reuse across the organization.

"It is an honor to be selected as a winning startup by ENGIE, one of the world's largest energy providers," said Evyatar Meiron, CEO of Fieldbit. "Fieldbit Hero harnesses innovative technologies to solve pressing problems facing today's utility companies, such as boosting field service productivity and replacing their aging workforces. We look forward to strengthening our cooperation with ENGIE as their field engineers proceed with the evaluation of our augmented reality platform."

About ENGIE 

ENGIE develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take on the major challenges of energy's transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation and the rational use of resources. The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE employs 153,090 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, CAC 40 Governance, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, DJSI World, DJSI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20). For more information, please visit http://www.engie.com .

About Fieldbit 

Founded in 2014, Fieldbit is a leading developer of real-time augmented reality collaboration solutions. Its enterprise class, out-of-the-box, hands-free technology enables on-site service engineers to collaborate seamlessly with experts in the service center, and to receive all the know-how and guidance they need to solve issues quickly. Fieldbit increases remote resolution and first time fix rates, minimizing costly downtime and enhancing customer satisfaction. All actions and information exchanged in a repair session are recorded and documented, helping organizations preserve practical knowledge and address the challenges of an aging workforce. For more information, please visit http://www.fieldbit.net.

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SOURCE Fieldbit