MIT Sloan CIO Symposium Selects Finalists for 2017Innovation Showcase

CAMBRIDGE, Mass., April 24, 2017 /PRNewswire/ -- The 14th annual MIT Sloan CIO Symposium today announced the 10 Finalists for its 2017 Innovation Showcase. The selected companies have developed cutting edge solutions that provide both strong value and innovation to digital enterprises now and in the future. The Finalists will receive key exposure to many of the world's most creative and influential IT executives at the Symposium on May 24, 2017.

After careful consideration, the Innovation Showcase judges chose these 10 companies because they:

• Have a B2B or B2C enterprise IT solution product in the market;
• Are a start-up with less than $10 million in 2016 annual revenues;
• Are selling enterprise IT solutions to CIOs or corporate IT departments; and
• Show innovation and/or strategic value and potential impact on the top and/or bottom lines.

"It is with great honor that we recognize these 10 companies for our 2017 Innovation Showcase," said Anton Teodorescu, Co-Chair of the Innovation Showcase. "The Symposium provides an opportune environment for these early-stage companies to form valuable partnerships with CIOs and a platform to demonstrate their technologies that are building the digital enterprise."

The 10 Innovation Showcase Finalists for 2017 are:

• Alpha Software - Burlington, MA
  Alpha Software products help developers of all levels speed the development and deployment of cross-platform mobile and web business apps.
  @AlphaSoftware
                                                                                      
• Bonsai - Berkeley, CA
  Bonsai's AI platform empowers enterprises to build intelligence into industrial systems, including robotics, manufacturing, supply chain, logistics, energy and utilities.
  @BonsaiAI
                                                                                      
• ClearSky Data - Boson, MA
  
  
  
  
  ClearSky Data delivers on-demand, primary storage with offsite backup and DR as a single service. Enterprises pay for their data once and can access it anywhere needed – on-premise or in the cloud.
  @ClearSkyData
                                                                                      
• Decibel Insight - London, UK
  Decibel Insight reveals exactly how users behave on websites and apps, helping enterprises quantify and improve customer experience at every touchpoint.
  @Decibelinsight
                                                                                      
• Fireglass - Tel Aviv, Israel
  Fireglass isolation platform eliminates malware and phishing from web and email without deploying endpoint agents.  
  @WeAreFireglass
                                                                                      
• Green Vulcano - Rome, Italy
  GreenVulcano Technologies provides innovative on demand, cloud based service solutions to support enterprise Internet of Things (IoT) use cases. 
  @GreenVulcano
                                                                                      
• PreVeil - Boston, MA
  PreVeil is an application for end-to-end encrypted email, file sharing and storage for people and organizations that want to protect their data.
  @EndToEndEncrypt
                                                                                      
• ValiMail - San Francisco, CA
  ValiMail's email authentication as a service (EAaaS) eliminates modern phishing, fraud, and brand abuse while providing full visibility and control over email ecosystems.  
  @ValiMail
                                                                                      
• VidYard - Kitchener, Ontario 
  Vidyard is the leading video platform for business that helps organizations drive more revenue through the use of online video. 
  @vidyard
                                                                                      
• Wasabi Technologies - Boston, MA 
  Wasabi's disruptive one-size-fits-all "hot storage" cloud solution is six times faster and 1/5th the price of Amazon S3.

Multiple past Innovation Showcase winners have achieved significant success, being acquired by leading companies: CloudSwitch (2010 Finalist) was acquired by Verizon; Desktone (2012 Finalist) was acquired by VMware; Rypple (2011 Finalist) was acquired by Salesforce.com; and Yammer (2010 Finalist) was acquired by Microsoft for $1.2 billion, among others. Just this month, Okta (2010 Finalist) celebrated its IPO, valued at over $2 billion.

The Innovation Showcase will take place at 5:30 p.m. in the Kresge courtyard tent on Wednesday, May 24, 2017, at MIT in Cambridge, MA. The full agenda for the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.

About the MIT Sloan CIO Symposium 
The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. In one day, CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading, global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). For more information and to register for this year's Symposium, visit www.mitcio.com.

Editor's Note:  
Journalists interested in press credentials or speaking with any of the Showcase Innovation finalists should contact Caroline Legg ([email protected]; 978-255-4488), Warner Communications.

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