Axeda M2M Cloud Service Named M2M Evolution Product of the Year

FOXBORO, Mass., Sept. 5, 2012 /PRNewswire/ -- Axeda Corporation today announced that its Axeda® M2M Cloud Service has been named a 2011 'M2M Evolution Product of the Year' by TMCnet.  The win marks the third industry recognition for Axeda in 2012, and further validates the company's solution for helping companies use machine data to drive enterprise-wide intelligence and innovation.

The M2M Evolution Product of the Year Awards recognize the best machine-to-machine (M2M) technology products on the market and honors the systems and solutions that deliver on the promise of gathering information regardless of proximity.  Axeda's M2M Cloud Service was specifically called out for its unique ability to cut the cost and complexity out of connecting and managing products.

"The ubiquity of connectivity has brought about an innovation explosion that is fundamentally changing the way products are conceptualized, manufactured, and utilized," said Bill Zujewski, EVP of Product Strategy and Marketing for Axeda. "Our customers are reinventing their companies and their industries through the valuable product data that they can now access and analyze for enterprise-wide gain. We are honored to be recognized by TMCnet for our efforts."

Axeda's M2M data integration and application development platform is uniquely qualified to handle the complex requirements for M2M solutions, such as managing multiple types of connections and assets, processing massive amounts of unstructured data, and providing enterprise grade scalability and security.  It accelerates integration with third-party enterprise systems due to its open architecture built on standards-based technology and built-in Web Services for two-way communications.

"The editors of M2M Evolution are pleased to grant a 2011 Product of the Year Award to Axeda for the significant progress achieved in the machine to machine industry with its M2M Cloud Service," said Rich Tehrani, CEO, TMC. "It is a pleasure to honor Axeda for its accomplishments."

About TMC
TMC, celebrating its 40th Anniversary in 2012, is a global, integrated media company that helps clients build communities in print, in person, and online.  TMC publishes the Customer Interaction Solutions, INTERNET TELEPHONY, Next Gen Mobility and Cloud Computing (formerly InfoTECH Spotlight) magazines. TMCnet.com, read by 1.5 million unique visitors each month, is the leading source of news and articles for the communications and technology industries. TMC is the producer of ITEXPO, the world's leading B2B communications event.  In addition, TMC runs multiple industry events: including Mobility Tech, M2M Evolution, ChannelVision Expo, MSPWorld, Super WiFi, SUITS, LatinComm, HTML5 Summit Conferences and more. Visit TMC Events for a complete listing and further information.

For more information about TMC, visit www.tmcnet.com. 

About Axeda
Axeda provides the leading cloud-based service and software for managing connected products and implementing innovative M2M applications -- significantly reducing the cost and complexity of connecting and remotely servicing the products of the world's leading companies. Axeda customers use its M2M cloud service to deliver innovative M2M solutions and optimize their business processes with data from their connected products.

By relying on the Axeda® Platform to power their connected products, companies are transforming their business by improving customer satisfaction, reducing costs, and generating new sources of revenue. The M2M solutions behind these connected products range from remote service, fleet management, usage-based insurance, asset tracking, mHealth, and more. Join our developer community at: http://developer.axeda.com and learn more at www.axeda.com.

SOURCE Axeda Corporation

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