ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of
Things (IoT) solutions, today announced that the ORBCOMM Platform
has received a 2020 IoT Edge Computing Excellence Award from IoT
Evolution World, the leading web site covering the IoT marketplace.
Companies selected for this award have proven that their products
are enabling advanced IoT deployments by offering edge solutions
that bring real-time computing, data availability, analytics, AI
and machine learning to edge devices.
ORBCOMM’s next generation analytics and
reporting platform, which offers enhanced features, including
advanced data insights and a dynamic user interface, provides
customers with a single, unified view of all their transportation
asset types using a single sign-on. The cloud-based, scalable
Platform, which has the unrivaled capacity to support millions of
subscribers, was built for the future to address the industry’s
evolving requirements for greater processing power, data bandwidth
and scalability in a sensor-enabled, 5G IoT ecosystem.
The versatile ORBCOMM Platform supports multiple
modes of communication, leveraging ORBCOMM’s extensive experience
providing a broad portfolio of satellite, cellular and dual-mode
IoT connectivity, which is a strong competitive advantage for the
Company. The new platform’s capacity has been expanded
exponentially to process more than 100,000 messages per second,
which is an increase of over 1,000 times in message throughput over
legacy systems. With the ORBCOMM Platform’s increased processing
capability, customers can continue to expand their deployments,
access a higher level of visibility and enable more sophisticated
edge-computing solutions.
“It’s exciting to see the technology innovation
and creativity we’ve put into the ORBCOMM Platform to create a
powerful, state-of-the-art transportation management solution be
recognized with the prestigious IoT Edge Computing Excellence
Award,” said Craig Malone, ORBCOMM’s Executive Vice President of
Product Development. “We developed a best-in-class platform that
encompasses the advanced features and functionality our customers
need to thrive in a 5G, sensor-enabled IoT ecosystem and transforms
the way data is being processed, analyzed and delivered from
millions of devices around the world, driving ground-breaking
edge-computing systems.”
“The ORBCOMM Platform and the solutions selected
for the IoT Evolution Edge Computing Excellence Award reflect
innovation driving the fast-growing Internet of Things marketplace.
It is my honor to congratulate ORBCOMM for their innovative work
and contribution to this rapidly evolving industry,” said Ken
Briodagh, Editorial Director, IoT Evolution.
“It is my pleasure to recognize the ORBCOMM
Platform, an innovative solution that earned ORBCOMM the 2020 IoT
Evolution Edge Computing Excellence Award,” said Rich Tehrani, CEO,
TMC. “I look forward to seeing more innovation from ORBCOMM in the
future.”
For more information about the ORBCOMM Platform
and how it can provide fleet customers with a single, unified view
of all transportation asset types, deep data insights and
unparalleled processing power and bandwidth, please visit
https://www.orbcomm.com/en/solutions/platform.
About ORBCOMM Inc.ORBCOMM
(Nasdaq: ORBC) is a global leader and innovator in the industrial
Internet of Things, providing solutions that connect businesses to
their assets to deliver increased visibility and operational
efficiency. The company offers a broad set of asset monitoring and
control solutions, including seamless satellite and cellular
connectivity, unique hardware and powerful applications, all backed
by end-to-end customer support, from installation to deployment to
customer care. ORBCOMM has a diverse customer base including
premier OEMs, solutions customers and channel partners spanning
transportation, supply chain, warehousing and inventory, heavy
equipment, maritime, natural resources, and government. For more
information, visit www.orbcomm.com.
About Crossfire MediaCrossfire
Media, co-publishers of IoT Evolution, 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.
About TMCThrough education,
industry news, live events and social influence, global buyers rely
on TMC’s content-driven marketplaces to make purchase decisions and
navigate markets. As a result, leading technology vendors turn to
TMC for unparalleled branding, thought leadership and lead
generation opportunities. Our in-person and online events deliver
unmatched visibility and sales prospects for all percipients.
Through our custom lead generation programs, we provide clients
with an ongoing stream of leads that turn into sales opportunities
and build databases. Additionally, we bolster brand reputations
with the millions of impressions from display advertising on our
news sites and newsletters. Making TMC a 360 degree marketing
solution, we offer comprehensive event and road show management
services and custom content creation with expertly ghost-crafted
blogs, press releases, articles and marketing collateral to help
with SEO, branding, and overall marketing efforts. For more
information about TMC and to learn how we can help you reach your
marketing goals, please visit www.tmcnet.com and follow us on
Facebook, LinkedIn and Twitter, @tmcnet.
Forward-Looking Statements
Certain statements discussed in this press release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements generally relate to our plans, objectives and
expectations for future events and include statements about our
expectations, beliefs, plans, objectives, intentions, assumptions
and other statements that are not historical facts. Such
forward-looking statements, including those concerning the
Company’s expectations, are subject to known and unknown risks and
uncertainties, which could cause actual results to differ
materially from the results, projected, expected or implied by the
forward-looking statements, some of which are beyond the Company’s
control, that may cause the Company’s actual results, performance
or achievements, or industry results, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. In addition, specific
consideration should be given to various factors described in Part
I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations,” and elsewhere in our Annual Report on Form 10-K, and
other documents, on file with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly revise
any forward-looking statements or cautionary factors, except as
required by law.
ORBCOMM Contacts |
|
For
Trade Media: |
For
Trade Media: |
Sue
Rutherford, VP of Marketing |
Susan Fall,
President |
ORBCOMM
Inc. |
LaunchIt
PR |
+1
613.254.5269 |
+1
619.890.9415 |
rutherford.sue@orbcomm.com |
susan@launchitpr.com |
|
|
For
Investors: |
|
Aly Bonilla,
VP of Investor Relations |
|
ORBCOMM
Inc. |
|
+1
703.433.6360 |
|
bonilla.aly@orbcomm.com |
|
A photo accompanying this announcement is
available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/12f8026f-9daa-46bc-abca-3dc81293a3df
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