CHICAGO — Water heating manufacturer Intellihot was recently recognized by Fast Company on its “The Best Workplace For Innovators” list for 2023.

The honor comes on the heels of Intellihot’s launch of the world’s first tankless heat-pump water heater in early 2023.

With over 60 patents, Intellihot has been innovating, manufacturing, and selling tankless water heaters for large commercial applications like hotels and multi-family properties since 2009. Its products’ space-saving, cost-reducing, and energy-efficient features have made Intellihot the brand standard for Marriott and the most viable commercial water heating solution in the North American market, the company said in a press release.

Intellihot’s founder and CEO, Sridhar Deivasigamani, said the company’s focus on sustainability could be the most critical reason behind its award-winning work culture.

“Our organizational philosophy has been simple. If you find and nurture highly-skilled individuals in an inclusively collaborative atmosphere, empower them to take up professionally-rewarding responsibilities, and direct their focus towards an altruistic mission like reducing energy wastage, employees tend to find a potent purpose at work, which drives their best work,” says Deivasigamani.

While Intellihot’s tankless heat pump water heaters, The Electron Series, has become its crown jewel of innovations, the manufacturer has a history of transformational innovations. It won an Edison Award for an AI-powered water heater failure forecasting service, built the world’s highest-capacity tankless water heater as small as a refrigerator, and patented a technology that can predict failures and service needs.