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Follow on Google News | Axonize Wins $6 Million Deutsche Telekom Investment for Innovative IoT Orchestration PlatformAxonize offers unique service provider features, including cross-application orchestration and unbeatable development times per application for IoT
By: Axonize Axonize and its IoT orchestration platform were chosen for this strategic investment following a rigorous selection process, due to its unique service provider capabilities that include cross-application orchestration and management, and very fast development times per application. "Axonize has developed a unique IoT orchestration platform which addresses our and our customers' IoT requirements," "We are excited to continue investing in Axonize in this funding round. We have seen the management team take this company from an idea to accomplishing impressive milestones. This investment by Deutsche Telekom is another vivid demonstration of their ability to create substantial value for service providers," said Tal Slobodkin, board member at Axonize and Managing Partner at StageOne Ventures. "The backing of Deutsche Telekom for our IoT orchestration platform is a strong validation for our unique service provider capabilities," Axonize is purpose-built for IoT service providers. Among its unique capabilities is the ability to orchestrate, connect, and manage multiple IoT applications, granting service providers management capabilities across all applications. The company has a unique architecture based on a pre-built, highly flexible AnyAPP™ application layer that resides on a robust and secure Microsoft Azure cloud. Instead of developing an entire application for every customer, its pre-built application can be customized to specific customer needs. This reduces IoT build time to a handful of days, rather than months, enabling IoT service providers to offer their customers a much higher ROI on IoT projects. Another benefit of the architecture is that Axonize is completely open to any sensor, hardware, protocol, or system from any industry. Axonize will use the funding from this round to invest in further enhancement of its platform and accelerate the ramp-up of its sales team. Deutsche Telekom is demonstrating its IoT orchestration capabilities based on the Axonize platform at Hannover Messe April 23-27in hall 6, booth F16. About Axonize Axonize offers an IoT orchestration platform purpose-built to provide speed and scale for service providers developing and managing IoT applications. Based on a unique multi-application architecture that requires configuration rather than development, launching a full-fledged IoT project on Axonize requires only days, not months, and yields high ROI. http://www.axonize.com End
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