BARCELONA, SPAIN--(Marketwire - February 14, 2011) - Mobile World Congress
- Innovative Approach to M2M Market Helps Service Providers Get Ready for New Connected World
Evolving Systems, Inc. (
Rather than provisioning M2M devices in the traditional way and permanently tying up resources, Evolving Systems' Intelligent M2M Controller solution will allow devices to securely connect to the network and send data only when required. The solution, which draws on proven technology from the Company's flagship Dynamic SIM Allocation™ solution, allows operators to reduce costs, protect their networks, and grasp the growing opportunity in the fast-moving M2M space.
"The M2M market is expected to ultimately be counted in billions, or even trillions, of M2M devices and connections," says Thad Dupper, Chief Executive Officer at Evolving Systems. "And with rapid growth being forecast, service providers must act now to give themselves the best chance of maximizing profits and achieving significant market share."
The rise in M2M devices using wireless networks also presents service providers with a range of challenges. Existing systems and processes cannot efficiently handle these devices, widely known as infrequent transmitters, which are low-powered and inexpensive, only sending small amounts of data, and connecting to the network intermittently.
In addition, the market is fragmented into a variety of industries, business models, devices and connectivity requirements -- so any solution needs to support a wide array of use cases and applications.
"To address these key challenges, providers will need to throw off the shackles of legacy business infrastructures and establish specialized M2M infrastructure," said Dupper. "The Intelligent M2M Controller helps them to meet these needs.
"Service providers need to be aware that in this new connected world, it is costly, inefficient and wasteful to treat all devices the same," he said. "The development of the market depends on their ability to stimulate innovation and support new business models. If service providers fail to embrace new business and technological approaches, they run the risk of stifling innovation and hampering the development of this hugely promising new market."
Meet Evolving Systems at hospitality suite 98, hall 3.1 or email m2m@evolving.com.
About Intelligent M2M Controller™
A dedicated machine-to-machine (M2M) solution for wireless service providers that provides:
- Efficiency -- removes cost overheads
- Flexibility -- supporting a variety of use cases
- Minimal impact -- leveraging today's network
- Protection -- public network from overload
- Open interface -- easily enabling different business processes
- Evolutionary -- support for all technology generation (2G, 3G and 4G)
About Evolving Systems®
Evolving Systems, Inc. (
CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning of the United States' Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Specifically, Evolving Systems' statements about the impact and ability of Evolving Systems' solutions to handle future needs of service providers are forward-looking statements. Readers should not place undue reliance on these forward-looking statements, and Evolving Systems may not undertake to update these forward-looking statements. Actual results could differ materially because of many factors, such as internal budgeting changes of customers, the impact of competition and the general state of the telecommunications industry. For a more extensive discussion of Evolving Systems' business, please refer to the Company's Form 10-K filed with the U.S. SEC on March 8, 2010, as well as subsequently filed Forms 10-Q, 8-K and press releases and the Company's website at www.evolving.com.
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Investor Relations
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
303.393.7044