Hexagon, a global provider of IT solutions, has announced the acquisition of Catavolt, a U.S.-based mobile app platform provider. Catavolt, founded in 2009 with headquarters in Atlanta, GA, has designed an end-to-end platform for mobile application development and delivery, secure cloud orchestration and edge computing.
Catavolt's team of experts are skilled in cloud and mobile technologies as well as enterprise software solutions which Hexagon plans to use to further Hexagon's SMART X strategy, which is driven by the desire to make entire systems more efficient through the IoT. Systems built around an information network with connectivity at the core, serving up data in the most intelligent and visually meaningful way.
“Connectivity platforms and mobile applications are essential to driving improvements in productivity and efficiency. Both must also integrate with legacy systems and on premise infrastructures as customers make the transition from old to new,” said Ola Rollén , CEO and president, Hexagon. “Catavolt's technologies provide an open architecture and solid foundation for realising the transformative potential of both cloud and edge computing and will seamlessly connect to Hexagon's connectivity platform – SMART Convergence.”
Edge computing, Fog Computing, or edge data-processing and analytics, accelerates response times by analyzing streaming data at the source, in real-time. This is especially important in time critical scenarios like smart traffic systems and autonomous vehicles.
Catavolt’s patented cloud technology will enable Hexagon reportedly to better orchestrate IoT connectivity, AI and Virtual Reality, Augmented Reality, Mixed Reality visualization technologies according to industry-specific needs and user-specific workflows. The platform is managed by Hexagon's Innovation Hub, a central R&D unit that develops enabling technologies for leverage by all of Hexagon's divisions. This ensures platform development is based on standard protocols and customizable for different industry use cases. It is currently deployed across AWS, Rackspace and Microsoft Azure. Catavolt is fully consolidated. The acquisition has no significant impact on Hexagon's earnings.
Edited by
Alicia Young
