Corporate Blog

N-SIDE earns Wallonia International Business Award and Wallonia People’s choice award

Written by Justin Gellezak | Sep 18, 2024 8:45:41 AM

N-SIDE is recognized by the Wallonia Export & Investment Agency (AWEX) for its performance on the international stage, winning the Wallonia International Business Award. In addition, N-SIDE also received the Wallonia People's Choice Award reflecting the support of the public for its activities. This unprecedented dual recognition highlights N-SIDE’s ongoing commitment to optimizing resources and increasing efficiency across industries worldwide, empowering its customers to accelerate their journey toward sustainability .

For the first time ever, N-SIDE, a global leader providing software and consulting services based on mathematical optimization and artificial intelligence models, has been awarded both the 'Wallonia International Business Award' and the 'Wallonia People's Choice Award”. These prestigious recognitions are granted every two years by the Wallonia Export & Investment Agency (AWEX), a public interest organization dedicated to promoting foreign trade and attracting foreign investment for Wallonia, one of the three regions in Belgium. The Wallonia International Business Award celebrates the company that has made the most significant strides in performance and global reach, while the Wallonia People's Choice Award reflects the audience's choice among the participating companies. 

Wallonia International Business Award

Wallonia People's Choice Award

A recognition of innovation and internationalization

Founded in 2000 and headquartered in Louvain-la-Neuve, a vibrant hub of innovation in Wallonia, N-SIDE has established itself over the years, as a leader in its field for global pharmaceutical and energy companies. With a team of 200 employees representing 30 nationalities and generating 90% of its revenue abroad, N-SIDE demonstrates Wallonia’s excellence and competitiveness on the international stage.

For N-SIDE, these awards recognize its significant expansion in foreign markets and robust growth. From its headquarters in Belgium and offices in the USA and Japan, N-SIDE boasts a presence in over 20 countries. Its significant contribution to the Walloon economy and its positive impact on international markets highlight N-SIDE's capacity to drive innovation and promote sustainability globally.

"These recognitions are a testament to our team's relentless commitment to successfully increasing efficiency in industries through mathematical optimization and artificial intelligence on a global scale. We are proud to empower businesses to thrive while managing risks, making informed decisions, and optimizing the use of resources."

Philippe Chevalier, CEO at N-SIDE

Remarkable achievements on a global scale

N-SIDE records several pioneering successes:

  • Optimizing clinical trial supply chains: N-SIDE helps reducing drug waste in clinical trials from 70% to 30% and in 2023, ensured that over 250,000 patients received their trial drugs on time.

  • Reducing carbon footprint: Through its software solutions, N-SIDE has enabled in 2023, a reduction of 3,000 tons of CO2 emissions annually in clinical trials.

  • Enhancing power markets efficiency: N-SIDE's algorithms improve power grid efficiency for 2 billion people worldwide and promote the integration of renewable energy to notably help the EU achieve its target of 45% renewable energy consumption by 2030.

Over the past five years, N-SIDE has recorded an average annual growth rate of 30% and continues to invest in innovation, dedicating 20% of its revenue to research and development in 2023. N-SIDE plans to further expand its footprint across the three continents where it currently operates, with many opportunities still ahead. While success is already evident, the best is yet to come!