PALO ALTO, Calif., March 1, 2021 /PRNewswire/ -- Inpixon (Nasdaq:
INPX), the Indoor Intelligence™ company, today announced that the
company has been recognized by Gartner, an independent research
firm, in their 2021 Magic Quadrant for Indoor Location Services,
Global [1] report for the third consecutive year. In the report,
Gartner names Inpixon as a Visionary in the indoor location
services market based upon Inpixon's ability to execute and
completeness of vision.
"We are extremely pleased to be named in the Gartner report for
the third consecutive year and to be recognized as a Visionary for
the second consecutive year," commented, Nadir Ali, CEO of Inpixon. "We believe this
continued recognition reflects our ongoing efforts to establish the
market's most comprehensive and scalable indoor location
technologies platform."
The report states, "It has become clear this year that users are
looking for more-complete solutions — perhaps even more than ever,
due to COVID-19. Return-to-work initiatives are not just to help
with social distancing and contact tracing, but should be
integrated with space utilization, room booking and facility
cleaning on demand."
Soumya Das, COO of Inpixon noted,
"We believe our experience concerning the market's requirements is
in line with Gartner's findings. As the pandemic progressed, it
became increasingly evident that organizations need tools and
solutions to make indoor spaces smarter, safer, and more secure,
while also being able to address complex and changing indoor data
needs. We're proud to offer our comprehensive Indoor
Intelligence platform which can help companies leverage
positioning, dynamic maps, and analytics to enable a wide
variety of digital workplace transformation use
cases including space utilization, desk booking, targeted
cleaning, and employee engagement solutions."
Vendor inclusion in the Gartner Magic Quadrant is based upon 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, and innovation -- as well as the
company's ability to execute, which considers product/service,
overall viability, sales execution/pricing, market
responsiveness/record, marketing execution, customer experience and
operations.
[1] Gartner, "Magic Quadrant for Indoor Location Services,
Global," Tim Zimmerman, Annette Zimmermann, Feb.
15, 2021.
Gartner Disclaimer
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.
About Inpixon
Inpixon® (Nasdaq: INPX) is the Indoor Intelligence™
company that specializes in capturing, interpreting and giving
context to indoor data so it can be translated into actionable
intelligence. The company's Indoor Intelligence platform ingests
diverse data from IoT, third-party and proprietary sensors designed
to detect and position active cellular, Wi-Fi, UWB and Bluetooth
devices. Paired with a high-performance data analytics engine,
patented algorithms, and advanced mapping technology, Inpixon's
solutions are leveraged by a multitude of industries to do good
with indoor data. This multidisciplinary depiction of indoor data
enables users to increase revenue, decrease costs, and enhance
safety. Inpixon customers can boldly take advantage of location
awareness, analytics, sensor fusion and the Internet of Things
(IoT) to uncover the untold stories of the indoors. For the latest
insights, follow Inpixon on LinkedIn, 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 impact of COVID-19 on
Inpixon's results of operations, Inpixon's ability to integrate the
products and business from recent acquisitions into its existing
business, the performance of management and employees, the
regulatory landscape as it relates to privacy regulations and their
applicability to Inpixon's technology, Inpixon's ability to
maintain compliance with Nasdaq's minimum bid price requirement and
other continued listing requirements, the 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 Contacts
Media relations and general inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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SOURCE Inpixon