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Inpixon (Nasdaq: INPX) reported new and follow-on orders totaling approximately $2.6 million for its Indoor Intelligence platform in Q3 2020. The company highlighted the diverse application of its sensor technology across sectors such as government and telecommunications, indicating a growing demand for operational efficiencies and safety enhancements. CEO Nadir Ali expressed optimism regarding an increase in adoption due to the company's national advertising campaign and expanding partner relationships.
Inpixon (Nasdaq: INPX) announced the certification of its RF Video Connector by Genetec, integrating it with Genetec's Security Center Omnicast. This partnership enhances video management capabilities, aiding law enforcement in identifying suspects even when their faces are obscured, especially during the COVID-19 pandemic. The solution employs sensor fusion technology, providing tools for wireless device detection, video correlation, and automated alerts. Inpixon's COO highlighted that existing infrastructure can leverage this technology, targeting broader adoption in security operations.
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Inpixon (Nasdaq: INPX) announced a multi-year reseller agreement with GASCOM, enhancing its reach into Central America and Mexico. This partnership will leverage GASCOM's extensive network and expertise in the region to promote Inpixon's Indoor Intelligence™ solutions, including its newly FCC-certified sensor technologies. The collaboration aims to meet specific needs of three identified clients, predominantly in government and healthcare sectors, particularly in response to economic challenges posed by COVID-19. Inpixon positions itself as a leader in providing high-accuracy location services in this growing market.
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Inpixon (Nasdaq: INPX) announces a collaboration with FSI, a leader in facility management solutions. This partnership aims to enhance indoor safety and efficiency through integrated workplace management systems and indoor mapping technologies. The focus is on tackling pandemic-related challenges by optimizing air quality, cleaning efforts, and space reconfiguration. The global facility management market is valued at $39.5 billion, presenting significant growth opportunities. Inpixon's Indoor Intelligence platform will complement FSI's solutions to address diverse operational needs.
PALO ALTO, CA and TORONTO / ACCESSWIRE / August 27, 2020 / Inpixon (NASDAQ: INPX) announced its participation in The LD 500 Investor conference, taking place virtually from September 1-4, 2020. CEO Nadir Ali is set to present on September 2 at 2:00 p.m. Eastern Time, with a live webcast available on the conference platform. Attendees can schedule one-on-one meetings via video calls. Inpixon specializes in Indoor Intelligence solutions, leveraging indoor data for actionable insights across various industries. For more details, visit Inpixon's profile on LD Micro.
Inpixon (Nasdaq: INPX) has partnered with The CXApp to enhance digital contact tracing and social distancing solutions for businesses, aiming to address challenges in workplace reentry due to COVID-19. This collaboration combines Inpixon's Indoor Intelligence platform, which utilizes wireless device data for contact tracing and occupancy assessment, with The CXApp's peer-to-peer social distancing alerts. Both companies are part of Lenovo's ThinkIoT Back to Work Solutions ecosystem, providing complementary tools designed to improve workplace safety and compliance with health guidelines.
Inpixon (Nasdaq: INPX), an indoor data solutions provider, announced receiving FCC certification for its new multi-technology sensor. This certification follows the earlier approval of their UWB module. CEO Nadir Ali highlighted the sensor's unique capabilities to detect cellular, Wi-Fi, BLE, and UWB signals, integrated with an Indoor Intelligence platform for precise device positioning. The technology enables various applications, including cybersecurity and asset tracking. MarketsandMarkets projects a significant growth in location-based services (LBS), forecasting an increase from USD 17.8 billion in 2020 to USD 39.2 billion by 2025.
Inpixon (Nasdaq: INPX) announced the acquisition of on-device indoor location technologies from Ten Degrees, enhancing its Indoor Intelligence platform. The deal includes patents, trademarks, and software, enabling precise location tracking without relying on internet or GPS. This technology integrates various smartphone sensors for accurate indoor positioning and expands Inpixon's capabilities in areas like workforce safety and customer engagement. The acquisition is expected to open new market opportunities.