Altobridge Recognized as 2012 Technology Pioneer by World Economic Forum
Altobridge, a wireless communications company, has been honored as a 2012 Technology Pioneer by the World Economic Forum for its significant technological contributions to connecting remote communities. The firm has secured new projects, including a major contract in Iraq, and has developed highly efficient connectivity solutions, including its innovative lite-site technology.
The World Economic Forum has recognized Altobridge, a wireless communications firm based in Tralee, as a 2012 Technology Pioneer, an honor given to companies that develop significant technologies capable of making a lasting impact on businesses and society. Altobridge is now included among prominent past recipients such as Google and Twitter. With shareholders that include employees, Intel Capital, the International Finance Corporation (IFC), and Enterprise Ireland, Altobridge stands out for its innovative approach to enhancing connectivity in remote regions.
The company’s recent achievements include securing a major contract in Iraq to provide comprehensive mobile services through its partnership with Asiacell, a leading telecommunications firm. Since its establishment in 2002, Altobridge has focused on addressing the challenges of providing connectivity to unterconnected communities while maintaining cost-effectiveness.
One of Altobridge’s key innovations is the lite-site technology, which boasts the highest transmission efficiency within the industry, consuming minimal bandwidth and power. This solar-powered solution has successfully enabled connectivity in various remote regions across Asia, the Middle East, and Africa.
The chief executive of Altobridge, Mike Fitzgerald, expressed that the widespread lack of telephony services remains a global issue, affecting nearly a quarter of the world’s population. He emphasized their R&D work, which has dismantled the historical barriers to deploying viable connectivity solutions. Fitzgerald expressed gratitude for the recognition by the World Economic Forum and highlighted his eagerness to form new partnerships within this esteemed platform.
Dr. Vincent Cunnane, CEO of Shannon Development, praised Altobridge’s receipt of this award, reflecting on Kerry’s entrepreneurial spirit, especially since the region was awarded the title of European Entrepreneurial Region of the Year for 2011. He acknowledged the considerable growth of Altobridge from its inception and indicated that the leadership and talent of Fitzgerald and his team played a significant role in their success. As part of the recognition, Fitzgerald will represent Altobridge at the World Economic Forum’s Annual Meeting of the New Champions 2011 in China, focusing on their contributions as a Technology Pioneer.
Altobridge’s recognition as a Technology Pioneer by the World Economic Forum underscores the company’s commitment to leveraging technological innovations to bridge the connectivity gap in underserved areas. Established in 2002, Altobridge has dedicated itself to overcoming the challenges faced by remote communities that lack access to mobile and internet services. This accolade not only highlights the company’s past achievements but also showcases its potential contribution to future technological advancements.
In summary, Altobridge’s designation as a 2012 Technology Pioneer by the World Economic Forum serves as a testament to its innovative solutions aimed at improving connectivity in unconnected regions. With significant projects underway, including a major contract in Iraq, the firm is well-poised to continue making strides in the telecommunications industry. The support from regional development agencies and successful partnerships further strengthens its position in an increasingly digital world.
Original Source: www.siliconrepublic.com
