Inpixon State of Indoor Intelligence Report 2021 Reveals Insights on Location Technology's Importance, Adoption Rates, and Deployment Plans

Rhea-AI Summary

Inpixon (Nasdaq: INPX) has released its first report, The State of Indoor Intelligence 2021, based on a survey of 143 business respondents. The report highlights the growing adoption of indoor intelligence technology, particularly its role in organizational operations and safety. Key findings include that 83% plan to use solutions for physical distance monitoring and 57% for digital contact tracing. Furthermore, 48% of businesses accelerated their timelines for adopting indoor intelligence solutions due to the pandemic. The report is available for complimentary download.

Positive

• 83% of surveyed businesses will implement indoor intelligence solutions for physical distance monitoring.
• 57% of businesses plan to deploy digital contact tracing solutions.
• 48% accelerated their indoor intelligence adoption timelines due to the pandemic.

Negative

• None.

PALO ALTO, Calif., Jan 28, 2021 /PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence™ company, today released its inaugural The State of Indoor Intelligence 2021 report which reveals the results of primary research conducted with business respondents across a range of industries and company sizes. The report, available at no charge for a limited time, includes data and discussion on indoor intelligence, its current state of adoption, use cases, features and integrations, and the pandemic's impact on IoT initiatives timelines.

The State of Indoor Intelligence 2021, the findings of which are based on an analysis of 143 responses to Inpixon's online survey during November and December 2020, reveals a number of insights including the following:

• Indoor intelligence solutions are being used for multiple purposes including organizational operations improvement, customer-facing solutions, and employee-facing solutions
• The top use cases deployed in 2020 and prior were job site worker safety, building energy efficiency, asset tracking, and indoor navigation/wayfinding
• 83% of respondents indicated they have deployed or will in 2021 deploy indoor intelligence solutions for physical distance monitoring
• 57% of respondents indicated they have deployed or will in 2021 deploy digital contact tracing

To receive a complimentary copy of the complete report, please visit: https://www.inpixon.com/resources/white-papers/state-of-indoor-intelligence-2021.

"After a year of unprecedented disruption and global transformation, indoor intelligence technology has been thrust into the spotlight," said Nadir Ali, CEO of Inpixon. "The State of Indoor Intelligence 2021 provides valuable insights into how essential indoor intelligence has become for organizations, with over 80% of respondents indicating indoor intelligence and location awareness is important to achieving their 2021 goals. Forty-eight percent of respondents noted the pandemic accelerated their timelines for indoor intelligence adoption, and the study indicates organizations plan to deploy solutions in 2021 that support numerous use cases including social distancing, contact tracing, business intelligence, wireless device detection and more. We are proud to have developed a comprehensive indoor intelligence platform that can enable organizations to harness the power of their indoor data to empower workforces, build differentiated businesses, and enhance operational efficiency across a wide range of use cases."

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

 

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FAQ

What does the Inpixon report reveal about indoor intelligence adoption rates for 2021?

The report indicates that 83% of respondents will deploy indoor intelligence solutions for physical distance monitoring and 57% for digital contact tracing.

How has the pandemic affected businesses' plans for indoor intelligence according to the report?

48% of respondents noted that the pandemic accelerated their timelines for adopting indoor intelligence solutions.

What are the key use cases for indoor intelligence as noted in Inpixon's report?

Key use cases include job site worker safety, building energy efficiency, asset tracking, and indoor navigation.