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VARTA Applauded by Frost & Sullivan for its Smart, Scalable Residential Battery Storage Systems

Vlad Poptamas



VARTA Storage GmbH
Reading Time: 2 minutes


Based on its recent analysis of the European residential battery energy storage market, Frost & Sullivan recognises VARTA Storage GmbH with the 2018 European Product Line Strategy Leadership Award for its revolutionary energy storage products. The company has leveraged its experience in integrating batteries, power electronics, and energy management systems to create a powerful energy storage system for the residential segment. The modular, highly scalable products present a variety of features and functionalities that are ideal for this market segment.

“VARTA Storage differentiates itself with its open communication protocol that can be connected to smart home and cloud solutions, its ability to cascade to build powerful energy modules, and its multi-level safety concept,” said Utham Ganesh, industry analyst. “By pioneering lithium-ion battery manufacturing and applying the technology to its cutting-edge energy storage system, it has been able to deliver battery systems with more than 10,000 cycles and a 10-year warranty. In addition, it has enhanced the attractiveness of its products by incorporating a four-stage safety mechanism with automatic deactivation in case of failure.”

VARTA offers four energy storage solutions for residential, commercial, and industrial use: pulse, element, one, and flex. A major feature of these products is cascading, which gives customers the flexibility to add multiple systems. The core concept involves combining two of the same systems, such as two pulse 6kWh systems, to obtain one powerful 12kWh system. The same concept can be applied to all of its storage products, and potentially allow consumers to increase cumulative capacity to as much as 69 kWh. The modularity has greatly increased customer satisfaction and extended its use case to small commercial and industrial applications.

Furthermore, VARTA’s virtual system, known as VARTA Connect, supports seamless integration with various smart home devices. The company has partnered with multiple home energy management and software solution providers to measure and control the energy drawn from appliances, electric vehicles, and other products. The strategy of solely focusing on battery manufacturing while being technology agnostic has strongly enhanced trust among installers and end users.

“VARTA Storage’s mass production expertise and its well-established supply chain for cell and module technology as well as electronic components have equipped it to deal with any market disruptions,” noted Ganesh. “Overall, its global footprint with distribution centres in the United StatesEurope, and Asia; strong product portfolio; and vast battery expertise have uniquely positioned it to serve a range of customer needs and applications.”

Each year, Frost & Sullivan presents this award to the company that has developed a comprehensive product line that caters to the breadth of the market it serves. The award recognizes the extent to which the product line meets customer base demands, and the overall impact it has in terms of customer value and increased market share.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.


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Letstrack CEO Named as India’s Inspirational Leader by WCRC

Vlad Poptamas



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Reading Time: 2 minutes


Takes Company to new heights with an exceptional growth rate

Letstrack, a market leader in real-time tracking systems has recently announced that its CEO & Founder – Vikram Kumar has been recognized as India’s Inspirational Leader (2018-2019) at the 3rd edition of Global Indian Excellence Summit, attended by the top business leaders and investors from Europe, America, and Asia in London.

The award program appreciates India’s Business Leadership and their contribution in strengthening the economy with stellar leadership. Vikram Kumar was selected for this award by an independent jury panel for excelling in business innovation, style of leadership, driving force and social responsibility behind his vision and philosophy.

“I am honored to receive such an influential title and award by WCRC. It belongs to Letstrack and the entire team which has always believed in me as well as my commitment to innovate and impact the GPS tracking marketplace and deliver the best to our customers,” Vikram said.

Vikram is the youngest entrepreneur among all other winners of the award including Mukesh Ambani – the Chairman of Reliance Jio Infocomm Ltd, Tapan Singhal – MD & CEO of Bajaj Allianz General Insurance, Chetan Kajaria – MD Kajaria and Schauna Chauhan – CEO of Parle Agro.

“This award is an important milestone in my entrepreneurial journey. I feel so humbled to have shared the stage and this award with such great business leaders, which is giving me happiness and also a pressure to perform better for Letstrack and the team associated,” he added.

Vikram founded Letstrack in 2017 and spearheads the business offerings and partnerships, making it Asia’s number 1 GPS tracking company. In addition to India’s Inspirational Leader award, Vikram has also joined the list of ’50 Fast Growing CEO’s of India – 2018′ by CEO magazine.

His sound professional background with a commitment to build a strong customer base has pushed the company to international boundaries and plans to expand it to 50 countries by 2020. Moreover, his clear vision in leading Letstrack has proved as an added advantage for the company’s brand value and phenomenal growth it has been witnessing.

Recently, Letstrack has also been awarded ‘The Extra Mile Award’ by the Amazon Connect for their outstanding performance in 2018.

Currently, Letstrack has more than 2 lakh users in India with a customer base increasing at 15% month on month. It has grown from 400% in 2017 to 600% in 2018 and also claims to become the fastest downloaded app in the tracking space.

Furthermore, Letstrack is expanding its team and to accommodate more employees, it is relocating to a new and bigger space in Gurgaon’s prime location boasting new functional design, high-tech infrastructure, creative workspace, and more meeting rooms.

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EPAM Wins 2019 Big Innovation Award For TelescopeAI™, An AI-Enabled Platform To Help Businesses Manage The ir IT Operations

Vlad Poptamas



Reading Time: 2 minutes


EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced that its platform TelescopeAI is a winner in the 2019 BIG Innovation Awards presented by the Business Intelligence Group. TelescopeAI is an extensive, modular platform that uses artificial intelligence to help businesses gain a comprehensive view of IT operations and drive better decision-making by delivering deeper insights.

“With so many moving parts in a complex business, finding the right data to make informed decisions and respond quickly with more agility can be overwhelming. By leveraging technologies like AI, machine learning and predictive analytics, TelescopeAI gives business leaders the foresight and clarity necessary to manage critical IT operations and complex IT processes,” said Jitin Agarwal, VP, Enterprise Products, EPAM. “This recognition by the Business Intelligence Group highlights TelescopeAI’s innovation in helping distributed technology teams unlock valuable IT insights.”

With 30+ modular applications, dozens of connectors and 50+ configurable widgets, TelescopeAI seamlessly integrates into existing platforms and systems of record, helping leaders manage teams and people within the IT organization, build transparency around processes, foster employee and client engagement, and ensure enterprise-wide compliance. By optimizing tech teams and IT projects with TelescopeAI, businesses can ensure high-quality delivery for their stakeholders.

Organizations from across the globe, like EPAM, submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.

“This year’s winners show just how deep a role innovation plays in nearly every aspect of business,” said Maria Jimenez, chief operating officer of the Business Intelligence Group. “We are thrilled to be honoring EPAM’s TelescopeAI as they are leading by example and making real progress on improving the daily lives of so many.”

To learn more about TelescopeAI, visit

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Beyond Limits Named as a Top Place to Work in Los Angeles

Vlad Poptamas



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Reading Time: 2 minutes


Leading cognitive artificial intelligence provider recognized by the 2019 Built In LA’s Best Places to Work list

Beyond Limits, a leading artificial intelligence engineering company, has announced that Built In LA has named Beyond Limits to its 2019 Best Places to Work list. The award list recognizes businesses that exceed expectations by providing employees with a stimulating and supportive workplace.

“We are proud to be recognized in Built In LA’s Best Places to Work list. At Beyond Limits we are strongly committed to fostering a supportive work environment that acknowledges each team player and helps them succeed,” said AJ Abdallat, CEO of Beyond Limits. “Built In’s recognition is a testament to our continuous efforts to create an inclusive, diverse and successful workplace. We welcome the opportunity to support talented people of all genders, cultures and backgrounds with STEM skills.”

Built In is a tech platform that unites people and companies around their shared passion for tech and the universal need for purpose. The audience of sought-after candidates, the most coveted in tech, rely on Built In to connect with their local community and find their professional purpose. Built In’s Best Places to Work list rates companies algorithmically based on compensation and employer benefits, such as health and wellness, financial planning and stability, flexible work environment, professional and social impact, and company perks and discounts.

Founded in 2014, Beyond Limits is a full-stack artificial intelligence engineering company creating advanced software solutions that go beyond conventional AI.

The company’s reputation for innovation and explosive growth has made it a top destination for some of the sharpest minds in AI. In 2018, they launched “Beyonders,” their new internship program to accelerate the development of new leaders in cognitive AI. Beyonders dive deep into an immersive program that gives them the unique opportunity to work directly with the only AI company with software technology developed for space missions. Beyond Limits also participated at the Wonder Women Tech National Conference 2018. The company collaborated with Wonder Women Tech to help raise awareness for workplace diversity and inclusion. Beyond Limits’ commitment to diversity has also included recruiting and networking events hosted by WomenHack LA and Reed Smith’s Diversity Summit.

Beyond Limits was also selected as a Silver Stevie® Award Winner in the 2018 American Business Awards®, a winner for the Tech Trailblazers Award in the category of artificial intelligence and a nominee for the 2018 Edison Awards. Beyond Limits has been covered in the Wall Street Journal, Financial Times, Forbes, Fortune, Entrepreneur, ZDNet and the International Business Times. The company closed a Series B with BP Ventures in mid-2017 for $20 million, and since then has rapidly expanded staffing with some of the most talented minds in the industry.

SOURCE Beyond Limits

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