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Axeda Internet of Things Platform Wins Compass Intelligence A-List in M2M Award at CES 2014

FOXBORO, Mass. and LAS VEGAS, Jan.8, 2014 /PRNewswire/ --Axeda, the leading provider of cloud-based services for building and deploying Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, announced it has been named the winner of the 2014 Compass Intelligence A-List Award for Best M2M Enablement Platform. The company received the honor today at the CES conference in Las Vegas.

The 2014 Compass Intelligence Awards were selected by 60+ industry-leading press and analysts who cover the mobile and wireless market. The Compass Intelligence Awards includes Mobility, A-List in M2M and Bamboo Mobile Green Technology Awards. The Awards recognize the best mobile computing, wireless data communications, Machine-to-Machine, and eco-friendly products and services offered in the market during the past year.

"The Compass Intelligence Awards recognizes world-class organizations that exhibit superior technology and innovation within the Internet of Things," said James Brehm, senior strategist and consultant, Compass Intelligence. "We are excited to see Axeda receive this well-deserved award through virtually unanimous selection by industry analysts and IoT journalists. The Axeda Platform was selected as the winner based on delivering measurable customer value through a highly differentiated and innovative service for connecting to remote devices and assets, managing connected products, integrating M2M data with enterprise systems and developing M2M applications."

In addition to the award, over the course of the past year Axeda has celebrated historic customer and partner milestones in advanced IoT deployments including recent announcements with Microsoft, Hitachi High-Technologies, Wipro and AT&T. To learn more about why the Axeda Machine Cloud® has been chosen by hundreds of customers, go to Axeda Differentiators.

"This prestigious award represents global recognition for our technology leadership and innovation as well as for the significant achievements of our customers," said Bill Zujewski, CMO at Axeda. "Moreover, we are especially proud and grateful to receive this award from an esteemed community of analysts, journalists, and thought leaders with deep expertise in the Internet of Things industry."

Overview of the Award-Winning Axeda IoT Platform

The Axeda Platform is a comprehensive M2M and IoT data integration and application development platform with infrastructure delivered as a cloud-based service. With proven scalability and security as well as powerful development tools and flexible APIs, you can quickly build and deliver custom IoT applications for the most demanding requirements and integrate M2M data into your key enterprise applications and systems.

About Compass Intelligence

Compass Intelligence, a market analytics and consulting firm, specializes in strategy acceleration and insights for the high-tech and telecom industries while providing clients tailored services focused on actionable insights, metrics, and market intelligence. Compass Intelligence provides executive insights, market sizing/modeling, competitive analysis, strategic consulting, and expert recommendations on multiple markets. Visit us at http://www.compassintelligence.com. Follow Compass Intelligence on Twitter at @CompassIntel. Visit our sister websites www.ne2ne.com for the latest M2M news and www.bamboo-mobile.com for Reuse & Recycling news.

About Axeda

Axeda provides the most advanced cloud-based service and software for managing connected products and machines and implementing innovative M2M and Internet of Things solutions. We reduce the cost and complexity of connecting and remotely servicing the products of the world's leading companies. Our customers use the Axeda Machine Cloud® to turn machine data into useful information, build and run innovative M2M applications and optimize business processes by integrating machine data.

By relying on the Axeda® Platform to power their connected products, companies are transforming their business by improving customer satisfaction, reducing costs, and generating new sources of revenue. The M2M solutions behind these connected products range from remote service, fleet management, usage-based insurance, asset tracking, mHealth, and more. Join our developer community at: http://developer.axeda.com and learn more at http://www.axeda.com.

Media Inquiries

Catherine Purcell Gryska
Axeda Corporation
508-530-5313
cpg@axeda.com

SOURCE Axeda Corporation

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