|[September 18, 2013]
ILS Technology Tops ABI Research's M2M Security Competitive Assessment; Axeda and Sierra Wireless Finish Second and Third, Respectively
LONDON --(Business Wire)--
Eight M2M security providers went head-to-head in the latest vendor
matrix from market intelligence firm ABI Research (News - Alert). The vendor matrix
ranked companies on several criteria related to both product
Implementation and vendor Innovation. The overall winner in this
Competitive Assessment was ILS Technology.
ILS Technology also ranked first in the Innovation category. Axeda (News - Alert)
closed in second place, followed by Numerex in third. The security
aspects of their M2M platform, as well as any underlying security work
and extensive research and development in the product and development
category, namely in terms of enhancing M2M security, helped to drive
those three to top the rankings.
Axeda ranked first in the Implementation category, followed by ILS
Technology in second and Sierra Wireless (News - Alert) in third. Revenue generation,
global reach, and varied vertical markets served, as well as an
extensive network of commercial partners helped to push the three to the
top of the ranking.
The M2M security market is not crowded. The M2M market itself is still
maturing and great scope still exists for development in terms of
potential applications and network connectivity. "As critical
applications in M2M become more popular, M2M vendors will increasingly
incorporate security as a key feature. The M2M network and application
security markes offer plenty of potential, with the M2M market in full
swing and the increasing number of opportunities will mean a surge in
popularity," comments Michela Menting, senior analyst. Security will
come to play an increasingly important role, and those vendors with a
leading edge in regulatory and compliance security stand a very good
chance of dominating the market as critical sectors increasingly make
use of M2M platforms.
These findings are part of ABI Research's Cyber
Services and Modules (https://www.abiresearch.com/research/service/m2m-modules/)
ABI Research provides in-depth analysis and quantitative forecasting of
trends in global connectivity and other emerging technologies. From
offices in North America, Europe and Asia, ABI Research's worldwide team
of experts advises thousands of decision makers through 70+ research and
advisory services. Est. 1990. For more information visit www.abiresearch.com,
or call +1.516.624.2500.
[ Back To Technology News's Homepage ]