PHOENIX, June 1, 2017 — Naya Energy, a global technology leader in demand reduction founded and headquartered in Arizona, today announced it was selected as one of ten finalists in the Arizona Commerce Authority (ACA) Spring 2017 round of the Arizona Innovation Challenge (AIC), a bi-annual business plan competition.
“Arizona has become a national leader of entrepreneurship and technological advances,” said Ketan C. Patel, CEO of Naya Energy. “The Arizona Innovation Challenge exemplifies how the State of Arizona and the Arizona Commerce Authority continue to support the development of innovative companies in Arizona. We are honored that Naya Energy has been selected as a finalist for the ACA’s 2017 Spring Innovation Challenge and congratulate the other nine finalists on their selection.”
With real-time, device-level monitoring of electricity usage, Naya Energy enables commercial customers to receive actionable insights based on their telemetry data, enabling property owners to increase their net operating income (NOI) by lowering energy costs.
“Naya was founded on the principle that knowledge can empower organizations to take control of the impact energy has on their business,” explained Patel. “Our commercial customers see the impact of intelligent energy analytics as a critical part of any demand-reduction strategy.”
The ACA will name its Spring 2017 AIC awardees in early June.