The prestigious CEO World Awards ceremony was held at the InterContinental Mark Hopkins in San Francisco on Monday, October 28, 2019

Mapsted and its executives were recognized with six awards at the prestigious CEO World Awards ceremony held on Monday, October 28, 2019, at the InterContinental Mark Hopkins in San Francisco.

The awards were granted in various categories, including:

• CEO of the Year Gold Winner in Engineering and Technology, Mapsted CEO Paramvir Nagpal
• Top CEO of the Year in the Rising Star category, Mapsted CEO Paramvir Nagpal
• Company of the Year, Engineering and Technology, CEO Paramvir Nagpal, COO Saeedeh Hamidifar
• Most Innovative Company of the Year, CEO Paramvir Nagpal, COO Saeedeh Hamidifar
• Startup of the Year in the Business Products category, CEO Paramvir Nagpal, COO Saeedeh Hamidifar
• Startup of the Year in Technology Software, CEO Paramvir Nagpal, COO Saeedeh Hamidifar

About The Program

The CEO World Awards program is one of the most coveted annual awards programs, and it recognizes excellence in leadership, innovation, organizational performance, new products and services, CEO excellence studies, corporate social responsibility, and milestones from every major industry in the world. Judges from various industries from around the world participated in the awards, and their scores determined the 2019 award winners. 

Championing Success: The Story of Mapsted

Mapsted, a company that developed the world’s only indoor navigation solution that delivers high accuracy without requiring beacons, Wi-Fi, or other external hardware, was recognized for its innovative technology.

The company has 40 patents awarded and over 50 patents pending for their groundbreaking technology, which uses a probabilistic framework to provide localization and positioning services using commercially available smartphones or smart devices.

The winners were honoured at the annual SVUS Red Carpet Awards Ceremony Dinner held at The InterContinental Mark Hopkins San Francisco, a landmark hotel with historic charm at the crest of San Francisco’s Nob Hill. The ceremony was well attended by the finalists, winners, judges, and industry peers.

From The Corner To Corner Office: Founder Speaks

Mapsted Founder & CEO Paramvir Nagpal expressed his gratitude for the recognition, stating that “From the start, Mapsted’s goal has been to deliver world-class indoor navigation solutions to our global clientele.” Co-founder & COO Saeedeh Hamidifar emphasized the importance of having a clear strategic direction and vision, which successfully allows a company to focus on innovation and high-performance results.

The recognition by the CEO World Awards is a testament to Mapsted’s commitment to innovation and excellence. The company is looking forward to future achievements and continued success as it revolutionizes the way the world navigates indoors.

Previously, Eugene Deynega, manager of the Software and QA teams at Mapsted, was declared as 2019 Toronto Tech Manager of the Year award presented at the Tech in Motion Timmy Awards. Further details about this achievement can be found here.