MOUNTAIN VIEW, Calif., April 18, 2016 /PRNewswire/ -- Based on its recent analysis of the Internet of Things (IoT) platform market, Frost & Sullivan recognizes InterDigital with its 2016 Global Award for Competitive Strategy Innovation and Leadership. InterDigital's focus on eliminating the complexity of IoT solution development and deployment is proving a winning strategy, considering the proliferation of IoT platforms, devices, and data services. Extracting actionable insight from voluminous data is simplified via InterDigital's wot.io solution, which unifies various data sources and routes them to third-party data services to enable clients to develop flexible and tailored IoT solutions.
wot.io is a middleware layer that accelerates time-to-market for IoT deployments. Data from a variety of IoT platforms can be unified and routed to third-party data services via the wot.io operating environment; giving clients the flexibility to use best-fit data services and the ability to scale as their IoT requirements change. "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."
"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 aids easier integration with other IoT-focused solutions."
InterDigital's product line stands out for the ease with which IoT applications/services can be added or removed, given the rapidly changing needs of end users. 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. 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.
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.
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SOURCE Frost & Sullivan