Menu

IoT FEATURE NEWS

Industrial IoT Has New PaaS Provider

By

Providing various services-as-a-service has become de rigueur for the IoT industry, and now it’s spread into the IIoT with the announcement of new developer Information Exchange (IX).

The company, launched on September 29, has developed a secure, lightweight IoT platform for the commercial and industrial market, according to the launch announcement. The IIoT is a huge focus for growth in the IoT, since connected technology can give immediate and powerful ROI to almost any industrial process it’s applied to.

“We believe that connecting legacy equipment into the IoT world will create the disruption in the commercial and industrial IoT market,” said Michael Hathaway, CEO and Founder, IX. “Our platform enables legacy equipment to connect and interact with IoT devices and services while enforcing security policies at all layers. In effect, we bring legacy equipment, software applications and services into the IoT world.”

IX’s senior executives have more than 25 years in industry experience and held senior roles with Accenture, Honeywell, Lucent Technologies, IBM, Gemalto, Motorola, Dell, and HP. They have experience in a wide range of markets, including Energy, Building Automation, Semiconductor, Consumer Electronics and Supply Chain Logistics.

Image via Shutterstock

“Based on our global survey, our research indicates that one of the leading barriers to IoT adoption for enterprises is security,” said Vernon Turner, SVP and Research Fellow, IDC. “The ability to provide industrial grade security between the IoT gateway and end points will lead to innovation and disruption in the market.”

Information Xchange’s current customers are in the building management and energy management market sectors.  For more information, visit www.information-­-xchange.com.




Edited by Kyle Piscioniere
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

Editorial Director

SHARE THIS ARTICLE
Related Articles

Rising Edge Computing Investments to Reach $350B by 2027, According to IDC

By: Alex Passett    3/27/2024

Worldwide spending on edge computing is expected to surge (and then keep going) for the foreseeable future, according to the International Data Corpor…

Read More

ZEDEDA Adds Lisa Edwards as New Board Member, Seeks Opportunities to Strengthen Operations and Scale

By: Alex Passett    3/26/2024

Earlier this morning, ZEDEDA announced the addition of Lisa Edwards to its board of directors.

Read More

An Existing IoT Collab, Emboldened: Digi International and Telit Cinterion Transform Solutions with 5G RedCap Integration

By: Alex Passett    3/25/2024

The ongoing industry collaboration between Digi International and Telit Cinterion signals strong support for the mainstream showcasing of 5G for IoT a…

Read More

Telit Cinterion's 5G LGA Modules, Powered by Snapdragon from Qualcomm, to Create a Big Leap in IoT Connectivity

By: Alex Passett    3/25/2024

Telit Cinterion recently unveiled its FE990B34/40 LGA family of modules, powered by the Snapdragon X72 5G Modem-RF System from Qualcomm Technologies, …

Read More

Embracing Innovation in Mining: The Role of Network-Aware Applications in the Digital Transformation

By: Special Guest    3/21/2024

Shabodi leverages private 5G network capabilities and enables the development of network-aware applications to enhance operational efficiency, automat…

Read More