PALO ALTO, Calif.,
Feb. 1, 2022
/PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence™
company, today announced it has secured an agreement to provide its
hybrid event solution to support a hybrid conference to be
hosted by a leading Fortune 500 company anticipated to have more
than 50,000 attendees. The solution will power simultaneous
delivery of event content and services to both a custom-branded,
location-aware mobile app for in-person attendees and
multi-language virtual event platform for remote attendees.
"Inpixon's events platform business presents an opportunity for
strong revenue growth over a short period of time," commented
Nadir Ali, CEO of Inpixon. "I
believe this most recent events engagement, which will provide
several hundred thousand dollars of revenue to Inpixon to support a
single five-day hybrid event, demonstrates the upside potential for
this product line. Independent researchers are projecting increased
demand for hybrid events, and we believe Inpixon has an outstanding
solution at an opportune time as companies shift from virtual-only
to hybrid events."
Research firm Frost & Sullivan noted, "Businesses will
increasingly demand a unified end-to-end platform that meets the
full spectrum of needs from online meetings to events of all sizes,
spanning in-person, virtual and hybrid experiences." More than 90%
of companies now conduct some form of virtual event, and 58% are
planning for hybrid events that include a mix of in-person and
virtual attendees, according to research and strategic advisory
firm Metrigy.
The Inpixon event solution includes support for numerous key
features including:
- Registration
- Customized agendas
- Multi-language support
- Streaming and on-demand video playback of sessions
- Polling, chat, and social interactions
- Resource downloads
- An Inpixon support team during the event
The Inpixon events platform also supports unique, innovative
capabilities such as:
- Health attestation forms
- Encrypted vaccine status uploads
- Virtual briefcases
- Gamification and leaderboards
- Bluetooth beacon-enabled blue-dot location services
- NFC stickers with QR codes for contactless services
Leon Papkoff, EVP of Inpixon,
said, "We're pleased to have been chosen by this client to help
power their events for a fifth year. We believe companies are
choosing Inpixon's event platform to increase the number of
attendees, to differentiate themselves by offering a modern,
compelling event experience, and, overall, to host safe and
successful events. Our hybrid events platform also helps
organizations 'future proof' their events, meaning, they can adapt
their event delivery mode, if needed, to host effective events even
in the face of dynamic challenges, such as, changing pandemic
conditions or governmental regulations, natural disasters, and
weather or transportation issues. As they say, 'The show must go
on,' and Inpixon enables that events resiliency."
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor
Intelligence™, delivering actionable insights for people, places
and things. Combining the power of mapping, positioning and
analytics, Inpixon helps to create smarter, safer, and more secure
environments. The company's Indoor Intelligence and mobile app
solutions are leveraged by a multitude of industries to optimize
operations, increase productivity, and enhance safety. Inpixon
customers can take advantage of industry leading location
awareness, RTLS, workplace and hybrid event solutions, analytics,
sensor fusion and the IoT to create exceptional experiences and to
do good with indoor data. For the latest insights, follow Inpixon
on LinkedIn, and 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 and global supply chain
constraints, 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 if needed,
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