Covisint Launches the Most Complete IoT Platform for Enabling Digital Transformation
(Thomson Reuters ONE) -
Unlocks the Full Business Value of Enterprise IoT Solutions by Securely
Connecting Complete Ecosystems of People, Systems and Things
Summary:
* Designed from the ground up to support digital ecosystem management, helping
enterprises and their partners realize the full value of IoT
* Solves the dynamic security, privacy and permissions management challenges
surrounding IoT to enable trusted information sharing and secure
interactions across people, systems and things
* Standards-based and highly-scalable, with an API-first approach, allowing
global enterprises and system integrators to accelerate development and
delivery of IoT solutions
* Was recognized at the 2016 Sogeti IoT Hackathon as a runner up with a
Connected Baggage Tracking solution built for the world's largest airline
* Covisint powers some of the largest Connected Car / IoT solutions in the
world, including Hyundai Blue Link and General Motors OnStar
DETROIT, Feb. 06, 2017 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS)
today announced the availability of the market's most complete IoT Platform for
unlocking the full potential of IoT by enabling secure interactions across
digital ecosystems of people, systems and things. The Covisint IoT Platform is
particularly suited for global enterprises and technology partner organizations
interested in strengthening their digital transformation initiatives and
practices, as well as independent software vendors and end-customers seeking a
highly-scalable, highly-secure open platform for development of enterprise IoT
solutions.
Platform Helps Realize the Full Value of IoT
The Internet of Things (IoT) is what enables enterprises to transform into
digital businesses. Some vendors offer disparate technology toolkits for IoT,
but this approach requires significant time, investment and customization to get
to a viable solution to support digital transformation programs.
The Covisint IoT Platform is different - delivered as a platform-as-a-service
(PaaS) with global support, it offers a complete set of capabilities required to
rapidly build enterprise IoT solutions, including advanced identity,
authentication, authorization, real-time messaging and orchestration, as well as
digital ecosystem definition and management capabilities to facilitate secure
information sharing and trusted interactions with the world around that
connected asset.
Enhanced business value - Identity is critical to enabling rich, personalized
experiences. The Covisint IoT Platform can uniquely identify people, systems
and things, and manage access to the right information at the right time, and
enables secure interactions, both of which facilitates:
* Delivering more personalized services and, ultimately, higher customer
retention
* Real-time insights on customer behavior and preferences
* Transforming physical products into recurring services
Rapidly build IoT solutions - In today's connected economy, market leaders win
with agility and business velocity. The Covisint IoT Platform enables
developers to:
* Build solutions faster with more predictability
* Ease the previously complex and costly tasks of integration and operations
* Maximize return on development resources
Comprehensive use case support - The Covisint IoT Platform enables rapid
delivery of new enterprise IoT solutions, while providing tools to seamlessly
integrate with existing investments:
* Enables development of both connected products and process solutions on a
common platform
* Facilitates easy integration with enterprise systems of record and first-
generation IoT solutions
* Supports a wide range of devices and communication protocols to handle
solution diversity
Highly-secure and enterprise-grade - IoT solutions creates new attack surfaces
and new risks. The Covisint IoT Platform enables rapid innovation while
providing tools for advanced authentication, authorization and governance of
people, systems and things to ensure security and compliance:
* Manage the identities of people, systems and things holistically with a
single platform
* Scale to millions and billions of transactions on a proven backbone
* Built on SOC-II certified infrastructure, with five 9's reliability
"Realizing the full value of IoT goes beyond connectivity - what unlocks new
possibilities is the ability to securely share information and enable
interactions with the ecosystem around the connected asset," said Brian
Partridge of 451 Research, a leading IoT research firm. "Covisint aspires to
provide a complete IoT platform to realize this goal, and ultimately accelerate
digital business transformation."
Covisint's IoT Platform brings together a set of foundational capabilities that
helps businesses rapidly deliver IoT solutions supportive of digital
transformation, including:
* A unified data model that brings together the devices, the systems and the
people that interact with into one coherent logical data store;
* Dynamic security that helps businesses respond quickly and contextually to
deliver better value, while minimizing security risk;
* Unified messaging that brings together messaging and orchestration in both
real-time and batch interactions to effectively digitize end-to-end business
processes;
* API-first approach for enabling agnostic and loosely coupled business
service integration for complex transformations;
* A microservices architecture to meet the scalability demands of billions of
connected devices and digital businesses
"Having a developer-friendly platform to enable the rapid development of IoT
solutions is critical to winning in the marketplace," said Joel Kremke, SVP of
Partnerships and Alliances, Covisint. "Providing unique security and entity
management capabilities to facilitate secure interactions between people,
systems and things is how the Covisint IoT Platform is differentiated. We're
pleased to have our Platform recognized as a winner of Sogeti's 2016 IoT
Hackathon, and looking forward to working with them and other partners to help
their end-customers realize the transformational potential of IoT."
RSA 2017 - The Covisint IoT Platform
Covisint will be showcasing the IoT Platform at RSA 2017, South Hall - Exhibit
#1927, from February 13-16, 2017. To schedule an appointment to meet with us,
please contact us.
About Covisint Corporation
Covisint is the connected company - we securely connect ecosystems of people,
systems and things to enable new service offerings, optimize operations, develop
new business models and ultimately enable the connected economy. Today, we
support more than 2,000 organizations and connect to more than 212,000 business
partners and customers worldwide. Learn more at www.covisint.com.
Follow us:
* Covisint on Twitter
* Covisint on LinkedIn
* Covisint on Facebook
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements, including statements
regarding Covisint's present and future technology design, architecture,
performance and operations which affects the Covisint IoT Platform's market
growth and the demand for Covisint's solutions. Any forward-looking statements
contained in this press release are based upon Covisint's historical performance
and its current plans, estimates and expectations and are not a representation
that such plans, estimates, or expectations will be achieved. These forward-
looking statements represent Covisint's expectations as of the date of this
press release. Subsequent events may cause these expectations to change, and
Covisint disclaims any obligation to update the forward-looking statements in
the future except as may otherwise be required by the federal securities laws.
These forward-looking statements are subject to known and unknown risks and
uncertainties that may cause actual results to differ materially. Important
factors that could cause actual results to differ materially from those in the
forward-looking statements include, but are not limited to, our ability to
attract new customers; the extent to which customers renew their contracts; the
extent we are able to maintain pricing with our customers at renewal; the
continued growth of the market for our solutions; the success of our channel
partner and certified partner strategies; competition from current competitors
and new market entrants; unpredictable macro-economic conditions; the loss of
any of our key employees; and the length of the sales for our solutions.
Further information on potential factors that could affect actual results is
included in Covisint's reports filed with the SEC.
Investor Relations Contact
866-319-7659
investors(at)covisint.com
Media Contact
Brad Schechter, Vice President, Corporate Marketing
248-483-2097
bschecht(at)covisint.com
For Sales and Marketing Information
Covisint Corporation, 26533 Evergreen Road,
Suite 500, Southfield, MI 48076, 800-229-4125
http://www.covisint.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Covisint Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 06.02.2017 - 23:10 Uhr
Sprache: Deutsch
News-ID 522273
Anzahl Zeichen: 10525
contact information:
Town:
Southfield
Kategorie:
Business News
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