FigBytes Inc. Wins Two Awards from Export Outaouais for Market Leader and Market Diversification

solar panels spanning a field

Strategic Sustainability Software Leader Continues Global Growth

Gatineau, Quebec, CA, September 23, 2019 /PRLog/ FigBytes Inc. (“FigBytes”), the leading cloud-based strategic sustainability/CSR reporting software announced that it is the recipient of two MercadOr awards from Export Outaouais, a regional export promotion organization in the Gatineau, QC region, where FigBytes is a registered company.  FigBytes garnered two awards from a total of seven awards categories:  The Market Diversification Award and Export Leader Award.

The 6th annual awards ceremony took place September 19, 2019, in Gatineau, after a rigorous application process where local businesses provided detailed narratives of their export strategies and initiatives for their goods and services beyond the borders of Quebec. Winners are entered for the provincial MercadOr awards presented by Commerce International Quebec, with finalists in this category to be announced October 30, 2019.  The awards ceremony will take place in Laval, QC on November 20, 2019.

Ted Dhillon, FigBytes CEO, accepted the awards in person and said, “It’s an honour to be recognized for FigBytes’ ability to effectively engage and nurture lasting business relationships with clients around the world, and demonstrates the vast potential a global digital market provides Canadian companies.  The appetite for innovative technology, wherever its origin, empowers us to grow business relationships without borders.”

Claude Belisle, President of Export Outaouais commented, “The jury recognizes FigBytes as an export leader through its ability to quickly integrate new markets into its global presence. The FigBytes team has created a clear, inspiring vision and a robust platform that allows them to surpass major players in their industry in over a hundred countries. Export Outaouais is proud to celebrate FigBytes’ successes and achievements.”

Mr. Dhillon added, “We would like to thank our tireless FigBytes team and esteemed clients, without which, these awards would not be possible.  Our ability to offer our product and services digitally to virtually any market creates several advantages, including reducing our carbon footprint, an important consideration when managing the social and environmental data for our clients is core to our business.”

About FigBytes

FigBytes Inc. is an enterprise SaaS platform that empowers corporations, governments, and non-profits, to integrate the principles of strategic purpose, environmental sustainability, and corporate social responsibility (CSR) into core business strategies, brand, performance, and reporting.  We connect high level strategy to data and report progress towards goals utilizing our unique Living InfographicsTM and data-driven storytelling.

About Export Outaouais

Affiliated to the Chambre de Commerce de Gatineau, Export Outaouais is mandated by the Quebec Ministry of Economy and Innovation, and Canada Economic Development, to support local businesses in exporting their goods and services outside of Quebec. In collaboration with our partners, we provide personalized services and expert access to match businesses’ aspirations in developing new markets.

Private Equity-Backed FigBytes Acquires Unison’s Global Sustainability Platform

Gatineau, QC,January 25, 2019 /CSRwire/ FigBytes Inc. (FigBytes), has acquired the global sustainability platform of Detroit, MI-based Unison (Unison), representatives from both companies have confirmed. The deal closed on January 25th, 2019. Financial terms were not disclosed.

The acquisition is a continuation of FigBytes’ long-term growth strategy, which has been a key focus for FigBytes CEO, Ted Dhillon. “Our mission at FigBytes has always been to accelerate the world’s progress towards the UN’s Sustainable Development Goals. Given Unison’s pioneering work in sustainability measurement, we see the addition as a natural fit.” said Dhillon.

In tandem with this acquisition, FigBytes has secured private-equity investors who are driven by their impact investment strategy in the sustainability sector. The company will use the funding to build on its pioneering work in making sustainability strategic, visible, and real-time.

“We’ve spent the past five years intensely focused on elevating sustainability to the boardroom for corporations, governments, & non-profits alike. Companies, cities, and other mission-based organizations want to move beyond traditional compliance and retrospective reporting to showing real-time progress towards their forward-looking goals, which are increasingly being linked to the UN Sustainable Development Goals. This is a major step towards achieving our vision of bringing the world together around the journey to 2030,” said Colin Grant, FigBytes’ Chief Commercial Officer.

As part of this Acquisition, Unison’s Chief Executive Officer, Mohammad Hamid, will join FigBytes’ Board of Directors where he will focus on the firm’s growth in North America and the Middle and Far East, while also driving FigBytes’ acquisitions. Previously, Hamid was the CEO of Conadus, a global leader in cybersecurity, until it was acquired in 2012.

Additionally, FigBytes has announced that Johann S. Wong has joined the company as a Partner, where he will lead the company’s investment strategy. Mr. Wong has an extensive background in corporate finance and alternative investments. He was previously the founder and CEO of HedgeWorld.com, which was acquired in 2005.

FigBytes’ Vision and Strategy

As it continues its momentum in 2019, there are three key themes the company will focus on: i) building a flexible global platform; ii) bridging the  sustainability ecosystem’s go-to-market gaps; and iii) meeting the needs of marketplace today, balanced with our vision and solutions.

“While there has been a proliferation of sustainability-oriented companies over the past decade, the vast majority are still very small and focused on market niches. By having the vision, strategy, and proven operating team to make a significant capital investment, with a long-term orientation, we believe that we can build a global platform that transforms the sustainability market,” said Mr. Wong.

Commenting on FigBytes’ approach to the marketplace needs, Mr. Hamid said, “In collaboration with FigBytes’ impact investment partners, we are excited to launch our new strategy, which is to accelerate the progress of the SDGs by providing focused and collaborative solutions to corporations, governments, and non-profits.”

From a product standpoint, the company plans to add further fuel to their engine. “In emergent solution categories such as sustainability, there is a tendency to build products that are ahead of the market, in terms of needs and budget. And while FigBytes views investment in the product as a critical success factor, we see an incredible opportunity to disrupt existing solution categories in the marketplace,” said the company’s Chief Technology Officer, Sonam Devgan.

 About FigBytes

FigBytes is a SaaS technology company that provides sustainability solutions to corporations, governments, and foundations that accelerates the world’s pathway to achieving the UN’s Sustainable Development Goals. FigBytes empowers organizations to integrate the principles of environmental sustainability and (CSR), into core business strategies, integrating strategy, brand, performance, and reporting. FigBytes connects high level strategy to data and shows progress utilizing innovative visualizations that go beyond conventional charts and graphs. FigBytes replaces fragmented modes of communication including presentation decks, PDFs, spreadsheets, and outdated data management systems with a cloud-based system that transforms raw data into visually engaging results.

 About Unison

Unison helps the world’s largest organizations create and enhance relevance, engagement, and trust with their key stakeholders. Using a combination of the right people, processes, and technology, Unison’s global team provides deep insights into key shifts in attitudes and behaviors among employees, customers, suppliers, investors, regulators, and society. By engaging with Unison, clients are able to operate at the apex of organizational performance, all while maintaining their commitment to operating sustainably and responsibly.

Since 2012, Unison’s Stakeholder Insights Platform has been leveraged by Fortune 500 organizations across five key industry sectors: Healthcare, Manufacturing, Financial Services, Energy, and Retail. Unison’s ground-breaking work in addressing the C-suite’s most critical challenges has been featured in The New York Times, Financial Times, Reuters, and Forbes.