Partnership Nurtures Emerging Indoor Technology Market by Fusing Indoor Spaces with Location-Based Detection and Radio-Frequency Engineering Tools
PALO ALTO, Calif. — Inpixon (Nasdaq: INPX), a leading indoor positioning and data analytics company, today announced the company’s reseller partnership with Canadian-based wireless integration specialist Genwave Technologies Inc., known for its mastery of in-building radio-frequency (RF) engineering and design-build. Inpixon and Genwave join forces to nurture the indoor technology industry’s prosperous growth intertwined with the Internet of Things (IoT), RF systems, and Wi-Fi.
As a strategic partner in the location-driven and physical arenas, Inpixon’s Indoor Positioning Analytics (IPA) reinforces the shared spectrum bridging the IoT to RF engineering. Business Insider predicts business spending on IoT solutions will hit $6 trillion by 2021. IPA’s precise detection of universal IoT devices — found through cellular, Bluetooth, and Wi-Fi signals — depicts a complete bird’s eye view of indoor zones, refreshing the standard for location-based technology, and supported by Genwave’s indoor-centric proficiency of RF design and implementation.
“It’s a natural partnership between Inpixon and Genwave,” said John Piccininni, Inpixon VP of Business Development. “By advancing the location-based and wireless technology markets, our alliance produces solutions which both actively solve enterprise security risks and effectively facilitate a powerful jumpstart to in-store retail practices. Both are in dire need of digital integration.”
As the market of Genwave’s foundational Cellular Distributed Antenna Systems grows to digital, small cells, and Wi-Fi, their expertise forms an inevitable union to the IoT space.
“This is a partnership built on common strengths,” said Rob Graham, Genwave President and CEO. “Inpixon and Genwave represent innovative solutions in collaborative markets, and our partnership will ultimately lend our clients a deeper, more comprehensive value.
To learn more about Inpixon’s partner program, visit inpixon.com/infrastructure/partners.
Inpixon (NASDAQ: INPX) is a leader in Indoor Positioning Analytics (IPA). Inpixon IPA Sensors are designed to find all accessible cellular, Wi-Fi, and Bluetooth devices anonymously. Paired with a high-performance data analytics platform, this technology delivers visibility, security, and business intelligence on any commercial or government location worldwide. Inpixon’s products and professional services group help customers take advantage of mobile, big data, analytics, and the Internet of Things (IoT) to uncover the untold stories of the indoors. For the latest insight on IPA, follow Inpixon on LinkedIn, @InpixonHQ on Twitter, and visit inpixon.com.
A Canadian company specializing in RF Engineering and System Integration for In-Building Wireless Networks, Genwave’s services encompass design, engineering, construction, commissioning, and support/management of wireless solutions. While the company’s specialty is system integration, it offers services a la carte to best suit client requirements. Find out more at genwave.com.
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All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and employees, the Company’s ability to obtain financing, competition, general economic conditions and other factors that are detailed in the Company’s periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.
Inpixon Investor Relations:
Scott Arnold, Managing Director