Axeda Named "Cool Vendor" by Leading Analyst Firm

FOXBORO, Mass., May 4, 2011 /PRNewswire/ -- Axeda Corporation today announced it has been included in the list of "Cool Vendors" in the Cloud Services Brokerage (CSB) report by Gartner, Inc.  Axeda is the leading cloud platform provider for M2M (machine-to-machine) application development, powering solutions for remote service, fleet management, smart grid, usage-based insurance, asset tracking, and more.

According to the Gartner report, a company should consider using a CSB if it needs to consume cloud-based business functionality and data, but lack the technology, skills or desire to do it in-house.

"We consider our inclusion in the Cool Vendor report by Gartner important recognition of the valuable solutions we deliver to the M2M market," said Axeda CEO, Jack Sweeney.  "By providing a powerful development platform and hosting the complex infrastructure required to run enterprise-scale M2M implementations, Axeda enables faster time to market with minimal infrastructure costs."  

A decade of M2M innovations has made Axeda's award-winning technology the choice for more than 150 major organizations such as Abbott Diagnostics, Agilent Technologies, Diebold, and EMC.  The Axeda Platform is uniquely qualified to handle the complex requirements for successful M2M solutions, such as managing multiple types of connections and assets, processing massive amounts of unstructured data, and providing enterprise grade scalability and security.  

With these capabilities, enterprises, systems integrators, solution architects and developers can focus on solution development and integration instead of the underlying infrastructure -- providing a platform on which to rapidly build and deploy M2M solutions while shortening time-to-market.

More Information

Learn more about why Axeda is "Cool" at Axeda Connexion 2011 -- taking place June 7-10 at the Renaissance Boston Harbor, Boston, MA.  Visit http://www.axeda.com/connexion to register. Follow #Connexion11 on Twitter for real-time event updates.

About the Cool Vendors

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About Axeda

Axeda Corporation is the leading M2M application platform company enabling the world of connected products. We provide our customers with a cloud platform to rapidly and cost-effectively build and deploy any M2M application, connected to any product, over any network. Axeda technology powers M2M solutions for remote service, fleet management, smart grid, usage-based insurance, asset tracking, mHealth, and more.

More than 150 of the world's leading enterprises, including Agilent, Diebold, and EMC, rely on Axeda to transform their businesses with connected products that improve customer satisfaction, reduce costs, and generate new sources of revenue. Join our developer community at: http://developer.axeda.com  and learn more at www.axeda.com.  

SOURCE Axeda Corporation

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