PrismTech Recognized as Needle Mover in Building the Internet of Things
The company, developer of Vortex -- an intelligent data-sharing platform, earns place on prominent strategic management firm’s list of top early-stage companies positioned to play critical roles in the future of IoT
Boston, MA, USA – November 18, 2014 – PrismTech™, a global leader in software platforms for distributed systems, today announced that it has been recognized as a "Needle Mover" in building the future of the Internet of Things (IoT). Compiled by the Sand Hill Group, a prestigious firm that provides strategic management, investment and marketing services to emerging market leaders, the list highlights the top early-stage companies expected to play critical roles in IoT.
"We believe that "Needle Movers" in the IoT ecosystem are those that do not search for use cases, but rather those that search for barriers to adoption and innovate on eliminating them," said M.R. Rangaswami co-founder and CEO of Sand Hill Group and publisher of SandHill.com. "These companies are driven by platform business models, rather than by products and solutions, which is the key to their potential to greatly shape the IoT."
PrismTech recently announced the general availability of its Vortex™ product suite, an intelligent data-sharing platform for the IoT. Based on the OMG™’s Data Distribution Service (DDS) open standard, Vortex is optimally suited for IoT systems such as those targeted for smart cities, smart grids, transportation, healthcare and industrial automation environments. Vortex builds on proven technologies to provide an efficient solution for device-to-device, device-to-cloud and cloud-to-cloud Internet scale real-time data sharing. It is a crucial enabler for systems that have to reliably and securely deliver high volumes of data with stringent end-to-end qualities-of-service (QoS); hence its suitability for delivering the right information to the right place at the right time.
"We're pleased and honored to be recognized as a company that is positioned to have a significant positive impact on the future of the IoT," said Steve Jennis, SVP Corporate Development at PrismTech. "We tackle a significant barrier within the IoT environment by liberating the data from the devices and stovepipe infrastructure and making it available ‘as required’ throughout the entire system."
The Vortex platform includes Vortex Café for mobile phones and tablets, Vortex Lite for embedded sensors, Vortex Cloud for cloud services, Vortex Web for browsers, Vortex OpenSplice™ for corporate systems and Vortex Gateway for integration with third party network technologies.
From a Starter Kit (Café, Web and tools) to the full platform suite, Vortex components are delivered in convenient and affordable development and deployment bundles to simplify the evaluation and procurement process.
PrismTech's customers deliver systems for the Internet of Things, the Industrial Internet and advanced wireless communications. PrismTech supplies the software platforms, tools and professional services they need to build solutions with the required: platform coverage, performance, scalability, efficiency, flexibility and robustness. PrismTech's customers service many market sectors, including: industry, energy, healthcare, transportation, finance, aerospace and defense.
Vortex and OpenSplice are trademarks of PrismTech. All other trademarks are the property of their respective owners.