[February 23, 2017] |
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LogiSense Chosen as the Monetization Engine for Eleven-x Nationwide IoT Network
LogiSense (News - Alert) announced today that they have been selected by Canadian based
eleven-x to deliver the monetization capabilities that will profoundly
transform the way IoT enabled businesses drive revenues and establish
profitable and long term customer relationships.
To better serve the growing demand for next generation connectivity in
the Canadian market, eleven-x
launched Canada's first purpose built, and carrier-grade low power wide
area network for the Internet of Things (IoT). This network, built on
the LoRaWAN™ open global standard, offers private businesses,
manufacturers and public institutions the necessary connectivity to gain
valuable information from remote, inexpensive low power devices.
The selection of LogiSense follows eleven-x's announcement of OrbiWise
SA in January to supply the LoRaWAN™ Network Server (LNS) Solution for
its announced nationwide Canadian LoRa™ Low Power Wide Area (LPWA)
Network. http://www.eleven-x.com/2017/01/25/eleven-x-selects-orbiwises-ubiq-lorawan-core-network-server-power-canadas-first-lpwa-lora-network/
Partnering with LogiSense and OrbiWise allows eleven-x to focus their
efforts on scaling their network across Canada while leveraging
award-winning back office solutions with proven track records of
delivering sophisticated billing and network management capabilities to
the IoT market place.
"We recognized early in our planning the critical role monetization
plays for IoT to truly create a sustainable ecosystem of devices,
connectivity an applications. We see first-hand how unique each
end-user business model is and thus we required an extremely flexible,
agile and scalable billing platform to meet the growing needs of our
customer base. In leveraging their vision and experience in the market,
selecting LogiSense was the clear choice and we're excited to have them
as a key enabler of our monetization strategy," says Ryan Hickey CEO of
eleven-x.
LogiSense is a key force in enabling IoT network and platform providers
to gain formidable competitive advantage by offering powerful
monetization capabilities that support wide ranging business
applications on LPWAN based networks.
"IoT is ushering in an era of productivity unlike anything the world has
never seen before. It will completely transform how businesses view
their economic relationships with all key stakeholders," says Flavio
Gomes CEO of LogiSense. "We're excited to be a part of eleven-x's
success story and helping them drive long term recurring revenue
relationships with their customers." Flavio continues, "Our view is that
IoT will transform world economics into a Usage Economy®. The dynamic
convergence of real-time subscription and usage billing models driven by
huge amounts of data will dramatically drive competitive advantage."
LogiSense's EngageIP usage rating and subscription billing is an
award-winning platform that boasts field-proven scale, features,
functionality, and performance. Delivering advanced capability from
usage rating, mediation and billing to customer self-care. A real-time
solution that supports a wide variety of business models, it transforms
clients' business practices by empowering rapid turn-up of new services,
enabling innovation and new revenue streams, thus ensuring longevity and
relevance in a rapidly evolving market.
Join LogiSense at Mobile World Congress (News - Alert) 2017
Book a meeting today at http://www.logisense.com/book-a-meeting/
About LogiSense
LogiSense provides licensed and Software-as-a-Service (SaaS (News - Alert)) usage
rating, mediation and subscription billing solutions for the Internet of
Things, Telecommunications, Unified Communications and Enterprise
service providers. LogiSense's carrier-grade solutions are built on its
proprietary, real-time usage rating and subscription billing platform,
EngageIP. LogiSense designed EngageIP from the ground-up to be service,
medium and provider agnostic, allowing it to grow with customers as they
evolve their business operations and end user offerings. EngageIP
provides the flexibility and scalability to address the service, billing
and back-office realities facing today's rapidly-evolving communications
service providers. Founded in 1998, LogiSense currently services more
than 40 customers in six countries. For additional information, visit www.logisense.com
About eleven-x
eleven-x is a network operator enabling the Internet of Things. Our
purpose-built low power wide area network is the first of its kind in
Canada, providing connectivity for a wide variety of sensors and
applications. Our network enables customers in the private and public
sectors to efficiently and cost effectively manage assets, create smart
cities, and realize environmental sustainability. For additional
information, visit www.eleven-x.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170223006038/en/
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