Inpixon's Indoor Intelligence Customer Base Expands 55% in 2021 and Includes 10 of the Fortune 100 List of America's Largest Public Companies

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Dec 07, 2021, 09:30 ET

PALO ALTO, Calif., Dec. 7, 2021 /PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence™ company, today announced its customer base for Indoor Intelligence solutions has grown approximately 55% during 2021 and includes 10 of the Fortune 100 list of America's largest public companies. Inpixon's analysis also revealed dozens of user companies of Inpixon solutions within the overall Fortune 1000 list, and numerous user companies among the top 500 of the Forbes Global 2000 list of the largest public companies in the world.

"We are encouraged by the traction we're gaining among very large organizations in the U.S. and around the world," commented Nadir Ali, CEO of Inpixon. "We believe our success is further validation of the value proposition, cost savings, and broad capabilities of our products and solutions. Our solutions were designed to help make organizations smarter, safer and more secure, and as COVID-19 swept across the globe, our offering only became more relevant and necessary. Global enterprises continue to reach out to us, and we believe we will win a significant portion of our sizable pipeline due to our offering's excellent fit for large companies. Once inside these large organizations with our first product set, we are in an ideal position to expand our footprint by providing additional solutions to address their needs in other functional areas and geographies."

Soumya Das, COO of Inpixon, said, "Most of these organizations contain thousands, if not tens of thousands, of employees, and nearly countless assets across numerous geographies. Thus, they require a proven vendor and an enterprise-class system such as Inpixon's that features excellent scalability, flexibility, interoperability, security, multi-language capabilities and global support, among other attributes. We believe our Indoor Intelligence platform is unique and places us squarely at the forefront of the industry. With each new customer, we are gaining credibility and recognition within the market. For this reason, we are confident our current momentum will continue and accelerate."

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, 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: [email protected]
Web: inpixon.com/contact-us

Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
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SOURCE Inpixon