Microshare.io forges strategic partnership with sensor firm Penteon.io to simplify IoT adoption

PHILADELPHIA, PA--(Marketwired - June 14, 2017) - The software and data governance firm Microshare.io on Wednesday announced a new strategic global alliance with the sensor and data analytics firm Penteon during the 2017 Americas summit of the LoRa Alliance.

Microshare.io works with major clients in real estate, media, financial tech, and transportation using its microshare™ software suite to provide data governance, storage, and contextual security solutions to Internet of Things (IoT) data feeds. New York-based Penteon, a leader in sensor design and manufacturing that is installing a nationwide LoRa band network, has clients that include major infrastructure, military and government entities.

"This is the world's first turn-key solution that brings real IoT business cases to life," says Ron Rock, CEO of Microshare.io. Penteon and Microshare both view the complicated and potentially lucrative challenge of IoT data more of an opportunity than a risk. Our alliance collapses the timeline from idea to real IoT data being available to our customers."

Clay Perreault, CEO of Penteon, says the joint offering will enable both small and large-scale IoT projects the opportunity to connect to a low-cost, open, carrier-neutral platform. "The partnership will deliver secure device communications throughout the United States and fuel the explosive growth potential of the next generation of IoT services," Perrault says.

Microshare has developed a comprehensive data governance software for the IoT era, whose millions of new sensors threaten to swamp traditional data analytics, security and compliance regimes. The firm's patent-pending software enables a granular parsing of the torrent of Big Data implicit in the advent of IoT to enable a compliant, secure and contract-ready monetization of data streams through APIs. This crucial governance and compliance layer is absent from current middleware solutions.

About Microshare.io - Founded as Point.io in 2013, the company adopted a new name in 2017 to leverage the emergence of its core product, microshare™, as the leading data governance and storage solution for the IoT era. https://microshare.io/

About Penteon - Penteon is an IoT engineering firm with a combined 150 years of technology and aerospace industry experience. The company leverages decades of sensor and cloud enterprise expertise to focus on the design and manufacture of hardware, software, telecommunications and intelligent data analytics for IoT applications. www.penteon.io

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