The World Economic Forum – the globally-focused folks that brought us the elite talk-fest known as Davos – has announced that Eigen Technologies is to be one of its Technology Pioneers for 2020, which is a mainly networking gig that focuses on the companies they believe will make a big impact in the next couple of years. It’s super-prestigious, invite only, and puts you in front of a lot of VIPs around the world.
Past participants in the two-year networking group include Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter and Wikimedia. So, good company.
The World Economic Forum’s Technology Pioneers are usually 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’.
Eigen will contribute to Forum initiatives over the next two years, working with policymakers and private sector leaders to help ‘define the global agenda on key issues‘, the company said.
Dr Lewis Z. Liu, Co-founder & CEO of Eigen Technologies, commented: ‘I am deeply honoured that Eigen has been recognised by the World Economic Forum for pioneering commercial and technological advancements in what we call the Qualitative Data Revolution: the transformation of textual, qualitative data into structured data that can be used to mitigate risk, automate business processes, or make better decisions.’
Is this a big deal? Well, if you want to join a high-level networking group as a tech company you can’t get much more well-connected than this one. It helps you to look good in the eyes of big companies and certainly will help their corporate CV – not that it needs much more polish given that Goldman Sachs is already an investor in the NLP-driven doc review company.
And for Chainlink, which is not so well-known outside of the blockchain world, this is indeed a significant mark of recognition that may help a wider audience to get access to their ideas and tech.