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PALO ALTO, Calif., Feb. 04, 2019 (GLOBE NEWSWIRE) -- Inpixon (Nasdaq: INPX), a leading indoor positioning and data analytics company, today announced the company has been recognized by Gartner, Inc., an independent research firm, in the 2019 Gartner Magic Quadrant for Indoor Location Services, Global report. Inpixon's inclusion in the Magic Quadrant was based on Gartner's evaluation of Inpixon's ability to execute and completeness of vision.
According to the report1, the indoor positioning market is poised for growth. The report states, "By 2022, 65% of enterprises will require indoor location asset tracking (both people and equipment) to be part of all access layer infrastructure communication decisions (up from less than 10% today)."
"We're pleased to be acknowledged by Gartner, and we believe their research report validates our strategy and positioning, especially when it comes to delivering a full-featured, versatile indoor positioning solution," said Nadir Ali, Inpixon CEO. "The report notes that in their survey, 77% of respondents reported they have multiple location use cases. We feel that our experience echoes their finding, and it's one of the reasons our Indoor Positioning Analytics (IPA) utilizes software-defined radio technologies coupled with machine learning AI. We detect and locate nearly every wireless device and support multiple use cases. We also note customers' need for aggregation of location data to address all of the vertical market requirements, a need met by our open platform which can consume 3rd party beacons/tags and external data sources."
Vendor inclusion in the Gartner Magic Quadrant is based on a wide range of criteria including the organization's completeness of vision, which consists of market understanding, market strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation, and geographic strategy.
To download a complimentary copy of the 2019 Gartner Magic Quadrant for Indoor Location Services, Global report, please visit: https://intro.inpixon.info/inpixon-gartner-magic-quadrant-indoor-location-2019.
1Gartner, Magic Quadrant for Indoor Location Services, Worldwide, by Tim Zimmerman, Annette Zimmermann, January 28, 2019.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 global 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. 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