Frost & Sullivan Recognizes Pivot
Innovation as Industry Leader In Delivering
World-Class Enterprise Solutions
IRVINE, CA,
Feb. 26, 2019
/CNW/ - Smart-Edge.com, Inc. ("Smart
Edge") today announced it has won the prestigious
Frost & Sullivan Technology Innovation Award for
its advanced development platform for multi-access edge computing
("MEC").
The award is based on Frost & Sullivan's in-depth
analysis of the global edge computing market and in recognition of
Smart Edge's industry leadership in enabling reliable and
deterministic access to enterprise applications at the network's
edge.
"We're honored to be
acknowledged by Frost & Sullivan for accelerating the network's
transformation at the edge," said Bob
Pike, Chief Executive Officer of Smart Edge.
"Enterprises are seeking innovative ways to create new revenue
streams and differentiate themselves from their competitors. At
Smart Edge, we are dedicated to providing enterprise customers with
a new way of processing data that reduces latency to enable
real-time insights and responses."
Frost & Sullivan's ongoing research shows
that current solutions that depend on high-cost data centers and
outdated cloud models are not built to handle the volume, velocity
and variety of data produced and utilized by Internet of Things
(IoT) devices. Several industries, including retail, manufacturing
and healthcare, are seeking new computing models that can minimize
the latency in transferring and processing data in real time. Smart
Edge is leading the initiative to provide enterprises with a more
intelligent data platform that brings computing and applications
closer to the user.
"Smart Edge has pioneered a cutting-edge approach in
offering virtualized multi-access edge computing platform at the
edge of network, bringing new levels of performance and access to
mobile, wireless and wired networks," said Naga Avinash, Research
Analyst at Frost & Sullivan. "Smart Edge's MEC enables
real-time, high-bandwidth, security-enabled low-latency access to
latency-dependent applications across various industries such as
retail, telecom, media and enterprise companies."
Built on high-performing Intel® scalable
processors, Smart Edge's application environment enables new
opportunities and revenue streams for operators, while reducing
ongoing edge total cost of ownership (TCO). For more information,
please visit https://smart-edge.com/.
About Frost & Sullivan
Over the past five decades, Frost & Sullivan has
become world-renowned for its role in helping investors, corporate
leaders and governments navigate economic changes and identify
disruptive technologies. Frost & Sullivan's Best
Practices Awards recognize companies that inspire growth in their
industries through superior leadership, technological innovation,
customer service and strategic product development. Each year,
industry analysts compare market participants and measure their
performance through independent, primary interviews, and secondary
industry research in order to evaluate and identify best
practices.
Download the Frost & Sullivan report at:
https://ww2.frost.com/files/7115/5121/0146/Smart_Edge_Award_Write_Up.pdf
About Pivot Technology Solutions,
Inc.
Pivot (TSX:PTG)
is an industry leading information technology services and
solutions provider to many of the world's most successful
companies, including members of the Fortune 1000, as well as
governments and educational institutions. By leveraging its
extensive OEM partnerships and its own fulfillment, professional,
deployment, workforce and managed services, Pivot supports the IT
infrastructure needs of its clients. For more information,
visit www.pivotts.com.
Forward Looking Statements
This news release contains statements that, to the extent
they are not recitations of historical fact, may constitute
"forward-looking statements" within the meaning of applicable
Canadian securities laws. Forward-looking statements include
statements regarding the performance and revenue stream potential
of the Smart Edge application environment. Pivot uses words such as
"may", "would", "could", "will", "likely", "expect", "believe",
"intend", "anticipate" and similar expressions to identify
forward-looking statements. Any such forward-looking statements are
based on assumptions and analyses made by Pivot in light of its
experience and its perception of historical trends, current
conditions and expected future developments. However, whether
actual results and developments will conform to Pivot's
expectations and predictions is subject to any number of risks,
assumptions and uncertainties, including the risk that the Smart
Edge technology will not result in a significant revenue source for
Pivot, and other risks detailed in the Company's Annual Information
Form for the year ended December 31,
2017 available at sedar.com. Many factors could cause
Pivot's actual results to differ materially from those expressed or
implied by the forward-looking statements contained in this news
release. The "forward-looking statements" contained herein speak
only as of the date of this news release and, unless required by
applicable law, Pivot undertakes no obligation to publicly update
or revise such information, whether as a result of new information,
future events or otherwise.
SOURCE Pivot Technology Solutions, Inc