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April 21, 2018 – Boston, MA – Generac, the only provider of a complete tank monitoring solution, is excited to announce that it has been selected as a “2018 TiE50 Finalist” for the prestigious TiE50 Awards Program recognizing the world’s most innovative tech startups. This awards competition is part of TiE Inflect 2018, the world’s largest conference for tech entrepreneurs.
“Our selection as finalist for TiE50 truly re-affirms the innovation and return on investment that we bring to each and every customer,” said Generac CEO Amos Epstein. “As propane and delivered fuel suppliers look to improve efficiency, increase customer stickiness and generate higher margins, Generac is unlocking one of the first true industrial IoT beachheads by marrying real-time data and the modern applications necessary to streamline this $150+ Billion energy market.”
“TiE50 has become a global brand that attracts thousands of tech startups worldwide. This year, we screened more than 7400 companies from 28 countries and selected the best-of-breed as our “2018 TiE50 Finalists”. These companies are finalists in the ultimate runoff for the 50 winners. Our program has gained notoriety over the past decade as a competition run with the highest level of integrity and vigorous screening and judging by domain experts”. Kamal Anand, TiE50 Program Chair
“As a 26-year not-for-profit dedicated to fostering entrepreneurship and with a global footprint of half million entrepreneurs, enterprise executives, and investment professionals, we pride in the fact that we are one of very few competitions without any pay-to-play incentives” Ram K. Reddy, President, TiE Silicon Valley.
About TiE Inflect 2018:
TiE Inflect (previously TiEcon) is the world’s largest conference for entrepreneurs and intrapreneurs with participation from top technology companies, leading venture capital firms, and global services providers. TiEcon 2017 attracted 5400+ attendees from across the world – including CEOs of established companies to first-time entrepreneurs creating new companies, to leading investment professionals and corporate executives. The conference was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship along with TED and the World Economic Forum. For more information, please visit http://www.tieinflect.
About TiE:
The Indus Entrepreneurs (TiE) is a not-for-profit founded in 1992 in the Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals. TiE is the world’s largest network of tech entrepreneurs. We are a cohesive global network with a footprint of half million entrepreneurs, enterprise executives, investment professionals, and other accomplished individuals. We operate from 60 cities in 18 countries. http://www.tieeco.
About Generac:
Tank Utility uses remotely-measured tank level to help propane and heating oil suppliers take control of an increasingly variable world, maximizing efficiency and customer happiness. With easy to use LTE propane tank monitoring devices and a tightly-integrated operations platform, fuel suppliers using Tank Utility can make use of real-time, actionable analytics to optimize daily business activities, eliminating wasted deliveries and honing in on the problem accounts. In addition, the Tank Utility team engages with fuel supplier partners to market the benefits of monitoring through a branded mobile app and value added services that help fuel suppliers win, retain and engage consumer and commercial customers.