Inpixon Enhances Enterprise-Class and Social Distancing Features with New Inpixon Mapping Release

Rhea-AI Summary

Inpixon (Nasdaq: INPX) announced the launch of its indoor mapping platform Inpixon Mapping 4.14, featuring a customer administration tool and SDK-based dynamic wayfinding. These enhancements allow partners to manage customer interactions and automate pathway changes for social distancing and security. The platform is tailored for current pandemic challenges, enhancing user experience and operational efficiency. Inpixon aims to lead in the Indoor Intelligence market, addressing evolving business needs with innovative solutions.

Positive

• Launch of Inpixon Mapping 4.14 with enhanced features.
• Introduction of SDK-based dynamic wayfinding for improved user experience.
• New customer administration tool simplifies customer management.
• Capable of adapting to safety protocols like social distancing.

Negative

• Dependence on pandemic-related demand may hinder long-term growth.

PALO ALTO, Calif. and TORONTO, Dec. 3, 2020 /PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence™ company, today announced the release of its latest indoor mapping platform, Inpixon Mapping 4.14. This release introduces a new customer administration tool, SDK-based dynamic wayfinding, additional tools for developers, and more.

"We believe Inpixon Mapping is the most versatile, scalable and open indoor mapping platform available in the market today," noted Adam Benson, Inpixon CTO. "Our latest version further supports our partners and large enterprise customers with new and improved features including a customer administration tool that enables Inpixon partners to easily manage their customers' and tenants' use of Inpixon Mapping; dynamic wayfinding through the software development kits (SDK) which allow developers to automate pathway changes to dynamically address unique situations including social distancing; and a new indoor positioning system (IPS) package export tool offering quick and easy extraction of maps for developers working with third party IPSs. Overall, the new release enhances user functionality and extends upon the versatility of previous Inpixon Mapping versions."

Of particular applicability during pandemic-affected times, with SDK-based dynamic wayfinding developers can now enable external systems to trigger event-driven wayfinding changes without CMS user intervention. Situations customers can address with this new capability include the following: 

• Set pathways as one-direction (e.g., for social distancing or at an airport security checkpoint).
  
  
• Change allowable pathway direction based on the time of day to reduce crowding (e.g., open more lanes as people arrive in the morning, and reverse the direction at the end of the day). 
  
  
• Block certain pathways based on maintenance or a safety/security incident (e.g., for deep-cleaning of contaminated areas, or to address a chemical spill, active shooter, etc.). 

"Inpixon Mapping 4.14 is an important enhancement to our Indoor Intelligence platform, and the new features complement well our Workplace Readiness tools which address infection prevention with contact tracing, social distancing and cleaning protocols, while supporting integration with desk/room booking and facility management applications," commented Nadir Ali, CEO of Inpixon. "Our latest mapping platform release illustrates our commitment to continual innovation and evolution of our platform to stay at the forefront of this rapidly growing industry and to help companies adapt to new challenges they face as a result of the pandemic."

About Inpixon

Inpixon® (Nasdaq: INPX) is the Indoor Intelligence™ company that specializes in capturing, interpreting and giving context to indoor data so it can be translated into actionable intelligence. The company's Indoor Intelligence platform ingests diverse data from IoT, third-party and proprietary sensors designed to detect and position active cellular, Wi-Fi, UWB and Bluetooth devices. Paired with a high-performance data analytics engine, patented algorithms, and advanced mapping technology, Inpixon's solutions are leveraged by a multitude of industries to do good with indoor data. This multidisciplinary depiction of indoor data enables users to increase revenue, decrease costs, and enhance safety. Inpixon customers can boldly take advantage of location awareness, analytics, sensor fusion and the Internet of Things (IoT) to uncover the untold stories of the indoors. For the latest insights, follow Inpixon on LinkedIn, Twitter, and visit inpixon.com.

Safe Harbor Statement

All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the impact of COVID-19 on Inpixon's results of operations, Inpixon's ability to integrate the products and business from recent acquisitions into its existing business, the performance of management and employees, the regulatory landscape as it relates to privacy regulations and their applicability to Inpixon's technology, Inpixon's ability to maintain compliance with Nasdaq's minimum bid price requirement and other continued listing requirements, including during a panel monitoring period ending on February 5, 2021, the ability to obtain financing, competition, general economic conditions and other factors that are detailed in Inpixon's periodic and current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.

Inpixon Contacts

Media relations and general inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us

Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/inpixon-enhances-enterprise-class-and-social-distancing-features-with-new-inpixon-mapping-release-301185363.html

SOURCE Inpixon

FAQ

What is Inpixon's latest product release?

Inpixon has released Inpixon Mapping 4.14, an enhanced indoor mapping platform.

What features does Inpixon Mapping 4.14 include?

It includes a customer administration tool and SDK-based dynamic wayfinding.

How does Inpixon Mapping support social distancing?

The platform allows for automated pathway changes to facilitate social distancing.

When was Inpixon Mapping 4.14 announced?

It was announced on December 3, 2020.

What are the potential challenges for INPX's growth?

Dependency on demand due to pandemic circumstances may pose risks to long-term growth.