Jun 5, 2021

Cityzenith joins WEF Global Innovators Program

Energy
Startups
Decarbonisation
USA
Dominic Ellis
3 min
World Economic Forum welcomes Digital Twin startup Cityzenith into Global Innovators Program to foster sustainable solutions

Cityzenith has been chosen to be part of the World Economic Forum’s (WEF) Global Innovators community to support the digital twin startup's mission to decarbonise US cities.

The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. Cityzenith is a technology startup that provides data visualization platform software and applications for IoT and Smart Cities.

The company's SmartWorldPro Digital Twin platform was created for people designing, constructing, and managing complex, large-scale building projects, properties, and real estate portfolios.

WEF provides the Global Innovators Community with a platform to engage with public-and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency. There are over 140 community members across 15 different countries.

Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues. Shaping the Future of Energy, Materials, and Infrastructure is one of the 17 platforms which focuses on bringing together industry leaders from electricity, oil and gas, mining and metals, chemicals, and construction.

Cityzenith CEO Michael Jansen said its partnership with the World Economic Forum gives it a platform to enhance its profile and explore more opportunities.

"WEF recognized that our technology and insight had a role to play in combating Climate Change, and now we can go further in helping governments and countries to decarbonize cities worldwide," he said.

The partnership's catalyst was Cityzenith's 'Clean Cities – Clean Future' campaign as part of the 'Race to Zero' movement. Cities worldwide generate 70% of global carbon emissions and Cityzenith believes its SmartWorldOS can help building and property asset management groups, city planners, and developers move to carbon neutrality in the next ten years.

Jansen said at the launch of the' Clean Cities – Clean Future' initiative: "We have to help the most polluted urban centers become carbon neutral, and we plan to do this by donating the company's Digital Twin platform SmartWorldOS to key cities, one at a time, after every $1m raised. We're able to do this because of the recent surge of investment as part of our $15m crowdfunding raise.

WEF also partners with leading organizations that push change forward, like the International Renewable Energy Agency (IRENA), an intergovernmental organization supporting countries in their transition to a sustainable energy future.

WEF President Børge Brende believes IRENA’s partnership with the Forum is "an important step in strengthening the mission of our organizations" adding:

"It brings together the knowledge, insight and innovation expertise of IRENA with the Forum's global network to ensure these higher commitments are realised in the near term," he said.

Significant investment funds such as The Carlyle Group, Equinor, and the Canada Pension Plan Investment fund (CPP) have also partnered to offer a potential investment into promising climate solutions.

CPP President and CEO Mark Machin see the benefit and importance of investing now to protect the planet: "We at CPP Investments are trained to dig deep into both risks and opportunities. Climate Change offers both. None of these efforts are cheap, but they are an investment in society's future. And, as we've learned from the current crisis (COVID-19), the cost of being underprepared when catastrophe strikes can be far higher."

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Jun 21, 2021

Airswift Competentia merger spurs global digital recruitment

Airswift
Competentia
Digital
Recruitment
Dominic Ellis
3 min
Merger of Airswift and Competentia blends digital and people-based solutions for clients globally

Airswift and recruiting and workforce management specialist Competentia have merged to form one of the world’s foremost workforce solutions providers serving the energy, process, infrastructure, mining and technology industries.

The combined entity, which retains the Airswift name, will offer clients enhanced global access, particularly in the Americas, Asia Pacific, Europe and Africa. Competentia recently opened an office in Texas, complementing Calgary, Anchorage and Houston in the region. 

Airswift chief executive, Janette Marx, will be CEO of the merged entity and Competentia Group CEO, Jayden Wallis, will play a key role on the executive team as Chief Marketing Officer and SVP of ASPAC. Kyle McClure will become CFO of the combined company.

Marx said there had been a long been mutual admiration between both companies, which share a mutual ambition to become the workforce solutions provider of choice for clients, candidates and contractors in the energy and technology industries. 

“In a rapidly digitizing, post-pandemic environment, companies across the world’s technical sectors must quickly respond to new ways of working to achieve sustainable, long-term growth," she said. "We believe that our combined size and experience, and our firm focus on the energy transition, perfectly positions us to help clients respond to the complex workforce challenges of the future. Through digital and people-based solutions, we will ultimately shape the technical sectors of tomorrow.”

As a result of the merger, mid-market and blue-chip companies alike gain access to an even broader range of truly integrated services. Talent acquisition, professional search, international contractor management, global employment outsourcing, consultancy and payroll management are just a few of the workforce solutions on offer.

Wallis added: “We see this as an opportunity to create the world’s most forward-thinking workforce solutions provider.

“We also believe we have a key, supporting role to play in enabling the energy transition, not only in the industries we serve, but through responsible business operations, business models, investment in technology and innovation, and collaboration with our peers. Our combined strength and shared ambition mean we’re even better placed to deliver on that.”

Ian Langley, Airswift’s Chairman, said: “It was obvious from our opening call that a potential merger had great merit. Not only did our combination make perfect commercial sense, but we found that our organizations had similar cultures and aspirations, and we quickly discovered a unique alignment.”

Airswift and Competentia’s private equity backers, Wellspring Capital and Reiten & Company respectively, are retaining their stakes in the merged entity and will continue to be actively involved with the business. Airswift has also issued a bond on the Norwegian bond market to ensure maximum flexibility and access to alternative funding in the future.

Matthew Harrison, Managing Partner at Wellspring Capital, said: “Airswift and Competentia share the same foundational values and are guided by both delivering excellence to their clients and creating a great employee experience. Together they can do this even better, and I look forward to seeing the new merged company do great things.”

Bård Ingerø, Managing Partner at Reiten & Co concludes: “These are two companies with such similar cultures and successful track records, which we believe will fit together seamlessly to offer the market the greatest possible breadth, depth and quality of services, wherever clients may operate.”

Patrick Tame, CEO of Beringer Tame, says only agile and digitally savvy businesses have survived the storm from the pandemic, and will continue to do.

“The battle to keep ahead in an environment of rapid technological, market and consumer behaviour changes has caused businesses to rush to hire digital talent that has enabled them to shift the way they operate," he writes

"When there are skill shortages in a particular sector - such as the digital market - hiring the best, before the competition, can make a real difference when it comes down to overall business success. So the businesses that are privy to a team of consultants who boast priceless depth of industry knowledge and mastery are guaranteed to have a competitive edge."

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