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Axeda Announces Free Offering of its Award-Winning M2M Application Development Platform for Wireless Products

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Industry’s first free platform offering will accelerate the M2M market by simplifying how companies build, service, and extend connected product solutions

FOXBORO, Mass., Jan. 12, 2011 /PRNewswire/ — Axeda Corporation today announced a free offering of its Axeda® Platform, making it possible for companies to develop and deploy wireless connected product solutions with no initial costs. With this new offering, Axeda eliminates start-up barriers to developing real-world, wireless machine-to-machine (M2M) applications, enabling companies to get solutions to market faster.

The emerging market for connected products impacted many industries in 2010, with M2M solutions driving significant new business models such as usage-based insurance, telemedicine, consumer telematics, and digital signage. With market estimates projecting upwards of 50 billion connected devices by 2020, ubiquitous connectivity will continue to push the market forward at a blistering pace.

“2011 will be a breakthrough year for M2M,” said Eric Goodness, Research VP, Gartner, Inc. “As the provider ecosystem moves to take complexity out of pricing models and make overall solution consumption easier, companies will see even more opportunities to connect assets and develop solutions that will transform their industries — with first movers having a decided advantage.”

Available for wireless M2M application development, the new Axeda Platform licensing is based on a pay-as-you-grow model with a free offering for initial deployments. It also allows companies to easily adopt a commercial offering based on features, scalability, and support requirements that are tailored to their specific business needs.

“We see this new model as a way to eliminate friction in the M2M market,” said Dale Calder, CEO and founder, Axeda Corporation. “Companies want to take advantage of this enormous M2M opportunity but are struggling to get started. Our new pricing model coupled with the expansive online Axeda Developer Connection community addresses the cost and complexity challenges — providing developers with free access to the tools and resources needed to rapidly build and deploy wireless M2M applications in a field-tested production environment.”

Leveraging a decade’s worth of innovation, the Axeda Platform processes more than 250 million transactions daily, making it the most scalable cloud platform for connected products known on the market today. The Axeda Platform delivers over 90 percent of the capabilities needed to develop and deploy an M2M solution, out-of-the-box.  With these capabilities, developers and system integrators can focus on vertical application development and integration instead of the complex underlying plumbing.

“Market research has shown that the average M2M project takes 3-5 years, costs $8M, and experiences 2-3 failures,” added Calder. “We want to save companies from the time, cost, and overall frustration of trying to build the required infrastructure themselves.  We want to get them on the 5-day plan, not the 5-year plan.”

Developers can evaluate the Axeda Platform today and start building wireless M2M applications at the Axeda Developer Connection: http://developer.axeda.com. The definitive source for M2M application development, the Axeda Developer Connection teaches community members how to rapidly build and deploy M2M applications by accessing technical articles, sample applications, code snippets, tutorials, and product documentation at no cost.

More Information

For detailed information on this new offering and to take next steps in deploying your wireless M2M applications into production, contact us today or visit: http://www.axeda.com/how-to-buy.

About Axeda

Axeda Corporation is connecting the world’s products. Its cloud platform and applications enable manufacturers, solution providers, and system integrators to rapidly connect, build, service, and extend powerful machine to machine (M2M) applications that drive new business models and revenue opportunities. More than 150 of the world’s leading enterprises, including Agilent, Diebold, and EMC, rely on Axeda’s VeriSign® Security certified solutions today. Join our developer community at: http://developer.axeda.com and learn more at www.axeda.com.

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