Ernst & Young LLP (EY US) announced the finalists for their Entrepreneur Of The Year® 2022 New York Award – “one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed.” Augury CEO and Co-Founder Saar Yoskovitz has been deemed one such leader.
“The 2022 Entrepreneur Of The Year finalists have shown us that ambition, courage, ingenuity and empathy are key to driving change,” said Noelle Calautti, New York Program Co-Director. “They have a mindset that drives them to strive for more and an unwavering commitment to their companies, customers and communities.”
The finalists were evaluated and selected by an independent jury based on their ability to generate long-term value through entrepreneurial spirit, purpose, growth and impact. Regional award winners will be announced on June 22. These winners will then be considered by the national judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the prestigious Strategic Growth Forum®.
Since its inception in 1986, the Entrepreneur Of The Year® award has highlighted over 10,000 executives “who are building a more equitable, sustainable and prosperous world for all.” All winners gain exclusive and ongoing access to the shared knowledge and insights of fellow alumni in over 60 countries.
Augury’s CEO and Co-Founder Saar Yoskovitz certainly fits the bill. The announcement even preceded the news of Augury’s acquisition of process health AI pioneers Seebo. This fusion puts the company in a position to provide unprecedented AI-driven actionable insights across the manufacturing production process.
However, the past year has already seen much press around Augury’s established sense of “spirit, purpose, growth and impact” – especially since becoming one of industry 4.0’s first unicorns.
The company has indeed come far since its founding a decade ago. “Launching a startup with a global impact vision was challenging from the start. We had to develop hardware, AI and navigate enterprise sales in a traditional industry,” recalls Saar. “Getting interest from venture capital firms was nearly impossible, the perception was Augury was selling to a ‘non-sexy’ industry. For two and a half years, we self-funded as we proved the technology worked. When we landed our first Fortune 100 customer, we leveraged that for our first funding round.”
Payback has long since arrived. “Over the last three years, manufacturers have grown to understand Machine Health is the foundational step in their digital transformation journey. With this shift, the market’s path is fully aligned with Augury’s and we have emerged as the leader of this new category.”
And now with Seebo on board, Augury can expand its vision – and category – to take on full Production Health. The biggest impact is still to come…
Learn more about how Augury is becoming a once-in-a-generation company that will transform the whole manufacturing industry – for the all-round betterment of the planet, people and profits.
Augury is building a world where people can always rely on the machines that matter. Augury supports its partners by enabling Digital Transformation through superior insights into the health and performance of the machines they use to make products, deliver services and improve lives.