InterDigital Claimed Top Honors at Frost & Sullivan's 2016 Excellence in Best Practices Awards Banquet
The company collected the Competitive Strategy Innovation and Leadership award for easing integration in the rapidly evolving IoT sector
MOUNTAIN VIEW, California, Sept. 14, 2016 /PRNewswire/ -- InterDigital's James J. Nolan, EVP, IoT Solutions InterDigital Communications, Inc. and Tom Gilley, Venture Partner, Momenta Partners garnered accolades at Frost & Sullivan's 2016 Excellence in Best Practices Awards Banquet. Mr. Gilley accepted the prestigious Competitive Strategy Innovation and Leadership award at the glittering event at the Jumeirah Carlton Tower, London, on Tuesday, June 28th.
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The award underlines the company's competitive spirit in making its flagship product, the wot.io solution, stand out amongst the clutter of IoT platforms, devices and data services. The wot.io has simplified the extraction of actionable insights from voluminous data by unifying various data sources and routing them to third-party data services. It ultimately enables clients to develop flexible and tailored IoT solutions, and scale up as their IoT requirements change.
wot.io is a middleware layer that accelerates time-to-market for IoT deployments. "InterDigital's strategy is to deploy its IoT technologies through best-of-breed system integrators, aggregators and service providers across industries such as industrial, healthcare, automation and transportation," said Frost & Sullivan Research Director, Adrian Drozd. "It helps customers and partners deliver advanced IoT applications and facilitates data exchange, thus unlocking true data value."
Given the rapidly changing needs of end users, InterDigital's product line is distinct for the ease with which it allows users to add or remove IoT applications/services from it. "InterDigital continues to develop and extend a broad range of partnerships spanning analytics, business intelligence, reporting, monitoring and data visualization," noted Drozd. "Data services providers are strongly drawn to the wot.io operating environment, as it gives them access to a growing client base and facilitates integration with other IoT-focused solutions."
Overall, Frost & Sullivan is pleased to recognize InterDigital for its innovative strategies in strengthening its brand and, thereby, demand for its products, in the intensely competitive IoT platform market.
Every year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a competitive strategy that results in stronger market share, competitive brand positioning and customer satisfaction.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About InterDigital
InterDigital develops technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc. wot.io and data service exchange are trademarks of InterDigital, Inc.
For more information, visit: www.interdigital.com.
About Frost & Sullivan
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Frost & Sullivan Contact:
Chiara Carella
P: +44 (0) 207.343.8314
F: 210.348.1003
E: chiara.carella@frost.com
InterDigital Contact:
Patrick Van de Wille
Phone: +1 (858) 210-4814
Email: patrick.vandewille@interdigital.com
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