New Patent to Address Market Challenges in Big Data, Data Mining and High Performance Computing
PALO ALTO, Calif. – Inpixon (Nasdaq: INPX), a leading indoor positioning and data analytics company, today announced it has received a Notice of Allowance from the U.S. Patent and Trademark Office allowing its patent application covering techniques to expedite joins of large database tables.
“Many existing data tools are not equipped to take advantage of emerging high-performance computing technology,” noted Adam Benson, Inpixon CTO. One problem area is performing a query that requires joining two tables. Current techniques do not perform the join efficiently, and may not scale well with the number of tables to be joined in the query. Additional problems can arise when a node of a distributed database goes offline.
“The company believes embodiments of our patent can address these and other problems, enabling organizational decision makers to deliver quicker, higher quality, data-driven insights,” Mr. Benson said.
This latest patent allowance comes on the heels of Inpixon’s recently awarded patent for its dynamic policy system for indoor positioning and security of mobile devices. US Patent # 10,178,525 B2, titled, “Context-based dynamic policy system for mobile devices and supporting network infrastructure,” covers techniques to dynamically adapt network policies for mobile devices by accessing context-based values to allocate or restrict capabilities on the mobile devices or within the network. The patent protects, among other things, some of the proprietary ways in which the Inpixon Indoor Positioning Analytics (IPA) platform interacts with an endpoint policy management unit, such as a Mobile Device Management (MDM) solution.
“Inpixon’s R&D investments have allowed us to secure key patents that we believe are important additions to our patent portfolio, which will help us continue to develop new, innovative technologies,” said Nadir Ali, Inpixon CEO. “In addition to our patents, our proprietary hardware, software and the way in which we employ artificial intelligence machine learning are additional IP assets. Generally, these types of assets are expected to allow a company to innovate faster, to differentiate its offerings, and to build defensible competitive positions. They can also enable a company to pursue strategic business deals and to address licensing opportunities. Additionally, patents allow a company to protect itself in cases of patent infringement or IP theft, and to pursue legal action and recovery of potential damages where patent infringement is suspected.”
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.
Safe Harbor Statement
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 Securities Act of 1933, as amended, 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 economic conditions, the performance of management and employees, Inpixon’s ability to obtain financing, competition, general economic conditions and other factors that are detailed in Inpixon’s periodic and current reports available for review at sec.gov. In addition, a notice of allowance is a written notification issued after the U.S. Patent and Trademark Office makes a determination that a patent can be granted from an application. The vast majority of patent applications that receive a notice of allowance will proceed to issue as a U.S. patent; however, a notice of allowance is not a guarantee of patent issuance. Furthermore, Inpixon operates 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. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.
Inpixon Investor Relations
Scott Arnold, Managing Director