BOSTON – September 13, 2013 – Xively, a subsidiary of LogMeIn (NASDAQ: LOGM) and creator of the first public cloud platform for the commercial Internet of Things (IoT), announced today that it has received a 2013 M2M Evolution Battle of the Platforms Award from TMC and Crossfire Media.
“This award is particularly gratifying because the analysts who chose Xively are intimately familiar with the limitations of existing M2M solutions, and understand what is needed to enable truly transformative connected solutions on the Internet of Things,” said Chad Jones, VP of Product Strategy for Xively. “We’re honored that, like our customers, the panel recognized that Xively’s unique approach makes it easy for businesses to move from ideation to realization, and rapidly build, scale and manage compelling connected solutions.”
The IoT market is predicted to generate between $1.2 trillion and $14.4 trillion in revenue, representing over one trillion connected objects by 2020. In order for businesses to capitalize on this massive opportunity, they must go beyond connecting devices on a network. They need a comprehensive set of services that enable those devices to interact in a meaningful, secure way with applications, users and other devices. However, many organizations are stymied by the enormous complexities and high cost of building and scaling their own IoT infrastructure, and the elongated timeframe required to go from prototype to commercially available offering. Xively Cloud Services is designed to eliminate these complexities and collapse the timeframe, while doing so at a cost that makes IoT development attractive to businesses of all sizes.
“On behalf of Crossfire Media and M2M Evolution, I am very pleased to recognize the innovation demonstrated by Xively at the 2013 Battle of the Platforms,” said Carl Ford, CEO and Co-Founder, Crossfire Media. “Platforms like Xively Cloud Services are the driving force behind the wave of machine-to-machine advancements that are transforming what is possible in the Internet of Things. Xively truly deserves this award and I look forward to more innovative solutions from them in the future.”
“It is my pleasure to grant a 2013 M2M Evolution Battle of the Platforms Award to Xively for their innovative IoT public cloud platform,” said Rich Tehrani, CEO of TMC. “It is our pleasure to be able to honor Xively for their inspiring work.”
The Battle of the Platforms winners will be featured in an upcoming issue of M2M Evolution magazine as well as in the M2M eNewsletter and website.
Xively provides the first public cloud purpose-built for the Internet of Things (IoT). Xively’s Platform as a Service (PaaS) helps companies simplify and accelerate development of a new generation of IoT-connected products that easily interact with other connected offerings, and effortlessly scale to billions of devices. With Xively, businesses of all sizes can focus on their innovation, instead of infrastructure, and bring compelling connected offerings to market at significant cost savings. Through the power of Xively’s Connected Object Cloud™, solutions can securely and selectively interconnect, creating an exponential effect. A subsidiary of LogMeIn (NASDAQ:LOGM), Xively is headquartered in Boston’s Innovation District. https://xively.com
About Crossfire Media:
Crossfire Media is an integrated marketing company with a core focus on future trends in technology. We service communities of interest with conferences, tradeshows, webinars and newsletters. Crossfire Media has a partnership with Technology Marketing Corporation (TMC) to produce events and websites related to disruptive technologies. Crossfire Media is a division of Crossfire Consulting, a full service Information Technology company based in New York.
TMC is a global, integrated media company that supports clients' goals by building communities in print, in person and online. TMC publishes multiple magazines including Cloud Computing, M2M Evolution, Customer and Internet Telephony. IoTevolutionworld is the leading source of news and articles for the communications and technology industries, and is read by as many as 1.5 million unique visitors monthly. TMC produces a variety of trade events, including ITEXPO, the world's leading B2B communications event, as well as industry events: 3D Printing Conference & Expo, Asterisk World, AstriCon, CVx ChannelVision Expo, Cloud4SMB Expo, DevCon5 - HTML5 & Mobile App Developers Conference, M2M Evolution Conference & Expo; Mobile Commerce Zone Conference & Expo; SecureIT; StartupCamp, Super Wi-Fi Summit, SIP Trunking-Unified Communications Seminars, Wearable Tech Conference & Expo, WebRTC Conference & Expo, and more. Visit TMC Events for additional information.Media Contacts:
Press contacts for Xively:
US inquiries: Xively@bakercg.com
UK inquiries: Xively@hotwirepr.com
(203) 852-6800 ext. 175